Jump to content

"The Living Wage" ripped apart


Recommended Posts

Thanks for that, it's a good case to the economically unsophisticated. Btw isn't Scottish libertarian a contradiction in terms?

 

Ha you would think so! Everyone here is on the left

When we had a meetup that 16 people came along to once I was like "Jesus this is the biggest meeting of libertarians in Scotland since Adam Smith."

Link to comment
Share on other sites

The author of the article is making a good case, but from my point of view the dry analysis of the situations immorality is counterproductive.

He probably shouldn't have put the "Your Labour is Your Property" part at the end of the article and instead should've hammered that people believe to know better whether or not you sell your own labour and that it is designed by the rich to keep down the poor, by the old to keep down the young and by whites to keep down minoritys.

 

Superior arguments from consequence for the case of liberty and an analysis of why socialism fails has been around for at least a century with a LOT of follow up evidence, few cared. You need to focus and morality and maybe even aim for peoples feelings, thats at least what works for people who stand against liberty.

Link to comment
Share on other sites

The author of the article is making a good case, but from my point of view the dry analysis of the situations immorality is counterproductive.

He probably shouldn't have put the "Your Labour is Your Property" part at the end of the article and instead should've hammered that people believe to know better whether or not you sell your own labour and that it is designed by the rich to keep down the poor, by the old to keep down the young and by whites to keep down minoritys.

 

Superior arguments from consequence for the case of liberty and an analysis of why socialism fails has been around for at least a century with a LOT of follow up evidence, few cared. You need to focus and morality and maybe even aim for peoples feelings, thats at least what works for people who stand against liberty.

 

If you have better arguments from effect I would be very interested to read them!

Link to comment
Share on other sites

  • 2 months later...

http://hotair.com/archives/2015/12/16/the-science-is-nearly-settled-a-higher-minimum-wage-costs-jobs/

 

 

 

The science is (nearly) settled: a higher minimum wage costs jobs

...

Economists have written scores of papers on the topic dating back 100 years, and the vast majority of these studies point to job losses for the least-skilled. They are based on fundamental economic reasoning—that when you raise the price of something, in this case labor, less of it will be demanded, or in this case hired.
 
Among the many studies supporting this conclusion is one completed earlier this year by Texas A&M’s Jonathan Meer and MIT’s Jeremy West, which reaffirmed that “the minimum wage reduces job growth over a period of several years” and that “industries that tend to have a higher concentration of low-wage jobs show more deleterious effects on job growth from higher minimum wages.”
Link to comment
Share on other sites

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.