[lbo-talk] What's the deal with conservatives, economists, and the minimum wage?

tfast tfast at yorku.ca
Thu Jan 18 03:10:36 PST 2007



> At 11:45 PM -0800 17/1/07, Jason McCullough wrote:
>
> >So what's the analysis trick, alternate model, or outlandish
> >assumption to kick out that explains this conundrum? How can
> >something so self-evidently stupid have built such a giant wall of
> >rationalizations around itself?
>
> The obvious. Those who pay the economists call the tune. Let's face
> it, low wage workers employ very few economists.
>
> Bill Batlett
> Bracknell Tas

Ocam's Razor says this is the most probable explanation, ceteris paribus.



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