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"regions with low wages should not be permitted to increase the amount of available jobs and therefore increase the standard of living by shifting production th
by MrBuddyCasino 6y ago
"regions with low wages should not be permitted to increase the amount of available jobs and therefore increase the standard of living by shifting production there, this will <insert magic here> make things better"
- AtlasBarfed 6y agoJust don't pretend that essentially-slave labor in China doesn't lead to essentially-slave labor in other places if the sole purpose of practically applied economic theory is to arbitrage to the lowest common denominator.
- MrBuddyCasino 6y agoFixed-pie fallacy.