I enjoy your discussions on AI and Rationality, but seriously, what vibrant growing countries without minimum wages?
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Most obviously Singapore, the tiny island of economic sanity which also has land value taxes and sane health insurance policy.
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Unfortunately they are too tiny to expand population-wise and let others enjoy their economic sanity.
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What, like Iceland?
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Iceland has a minimum wage, and immigration barriers, and a language barrier that AI isn't yet quite good enough to overcome.
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We have pretty high minimum wages in Sweden, and people all over the world are migrating here. And why wouldn't they?
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Illegal immigrants do that all the time.
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who would accept them tho? they might not have competitive skills
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Competitive with what? Without minimum wage, competition is less fierce.
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with points based immigration law? other immigrants from better regions? locals with superior skills?
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There seems to be a dearth of examples. One would think that some state would have already soaked up all the utility if it was really there.
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You mean like the hordes of French moving to Germany and Switzerland ?
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Only to be turned back at the border.
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