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> WWe don't have minimum wage laws because we think that every person produces at least (say) $15/hr of economic value. I agree - that's what creates some of t
by robertlagrant 3y ago
> WWe don't have minimum wage laws because we think that every person produces at least (say) $15/hr of economic value.
I agree - that's what creates some of the adverse outcomes. Jobs that are worth less than that need to have automation added in to increase the value of those jobs per-person hour.