This is a point I have repeatedly made,i.e., the gap between the present wage floor and where the target is has much to do with the potential...
I could easily be mistaken here, as it has been some time since I looked at the cbo study, but as I recall there was a range of impact on...
In this usage "true by definition" means, that the proposition that to be employable a worker must be clothed, housed, fed, etc., is an Axiom. It...
This is a very good article on Libertarianism https://en.wikipedia.org/wiki/Libertarianism We disagree on a premise, viz., that free markets...
It does have an beneficial effect on wealth distribution according to economists, but it's taken 30-40 thirty to forty years of supply side...
I have posted several times on this topic and I was hoping to avoid repetition. I'll try to succinctly summarize. One can define the true cost of...
Huh? I am not a democrat, but I haven't heard any of the stuff your claiming coming from democrats. The only thing I have heard from them are...
There is a huge fallacy here implicit in this post of yours. What you speak of only holds true in economics text books and theoretical models....
I read your post, thank you. I'm not very interested in discussing the relative merits of various "-isms" , but I am very much interested in the...
Who are you referring to here. The only economic segments that so far as I know that might conceivably advocate "open Borders" would be those...
In a capitalist economy, price controls are strictly a temporary emergency measure. Price controls might be useful to prevent price gouging in...
Everything you say is true. The champions of laissez faire capitalism won't accept that you're right until they are dragged by the heels to the...
"Capital displaces labor" --Karl Marx [ATTACH]
Of course no sane person would consider it enough to live on. Therein lies the problem. Aren't you getting a wee bit tired of sudsidizing...
I will think about that. We are by far the most capitalist large economy on Earth. But we are not entirely capitalist. We have a mixed economy....
That's a point of view I respect, though I think it's not quite right. I believe the Baby boomers will do better in retirement than the those in...
No one has ever been able to live on minimum wage without scrimping, and nowadays without taxpayer funded welfare. Even with that, you'll be...
In truth raising the minimum is either inconsequential, good, or bad depending on where you raise it to and how fast you raise it. Most of the...
I am in southern Mississippi. How much I envy you! What I wouldn't give to be in Calgary right now! I recall when I was working at Los Alamos,...
Thank you for turning up that unbiased and beautifully simple analysis where nothing changes except the wages of your minimum wage workers and...
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