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

Willy Greenfields filthydirtyunwashed at yahoo.com
Fri Jan 19 09:02:29 PST 2007


Doug clarified:


>I'm talking Keynesian theory

I often forget about that guy (to my detriment). Sorry for getting things twisted up.

I'd still argue that you and Woj are talking about separable things, but it'd probably turn into a bad grad student seminar as I tried to chop recent experience from future projection (sales increasing to the point where operating leverage is gained is different from a restructuring which is different from an exogenous catalyst).


>rational bubble argument

When exactly was rationality blackened so badly? I'm reminded of the 'crackpot realists' quote you forwarded to the list a few months back.

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