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

Bill Bartlett billbartlett at aapt.net.au
Thu Jan 18 16:28:43 PST 2007


At 9:20 AM -0500 18/1/07, Doug Henwood wrote:


>Yeah, Bill Bartlett has a point that it's the class interests of
>economists at work. But it's also the idiot reflex of orthodox
>economics: raise the price, and demand just has to go down. It does,
>it does! But it doesn't.

I would never had suggested it was the *class* interests of the economists at work. Most economists of course are merely hired hands, like scabs, who are acting in accord with their short-sighted personal interests.

Bill Bartlett Bracknell Tas



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