1 is a maybe; need to think about how monopsony power and general equilibrium effects interact 2 is unpersuasive; different labour market regs are different 3 is something i've already priced in 4 idk anything about macroeconomics but interestinghttps://www.econlib.org/archives/2013/03/the_vice_of_sel.html …
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Can you elaborate on that a little? That is, which arguments in defense of a minimum wage do you find absurd, and how would you make it into a party game?
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all of them are absurd, the party game is maximizing the convolution
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im unfamiliar with the literature but i think the academic arguments on minimum wage are usually pretty reasonable on both sides; it's mainly an empirical question at this point, i think but then you talk to normies and
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i had a grad school classmate who found the mixed results about minimum wage effects to be evidence of an uncertain story rather than a good reason to question our empirical findings generally still think about this
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The Libertarian case for a $65/hr minimum wage - humans can be freer if we force the majority of labor into underground marketplaces free of unnecessary regulations.
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This topic has became a bellwether for separating thoughtful lefties from ones that mimetically absorb talking points.
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trying to appeal to the robot's sense of solidarity, smart
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