[lbo-talk] service coops (was Servant culture)

Shane Taylor s-t-t at juno.com
Wed Aug 13 17:25:16 PDT 2003


Brad DeLong wrote:


> Second, there is the... call it antipolitics. The
> government does not appear (save in footnotes
> discussing the lack of enforcement of the Fair
> Labor Standards Act). Yet if you look what makes
> the lives of America's working poor better, the
> government plays a big role: it sets and enforces
> (imperfectly) the minimum wage;

I think you make some solid points. But can I take it that the above is also fits with your neoclassical perspective? The minimum wage can be safely raised without setting a floor above the equilibrium wages of various job markets? How much?

-- Shane

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