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Posted

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."

Posted

As a Scot you are the de facto expert on Adam Smith. How would you characterize his position in today's political spectrum?

 

lol that makes sense

I think he was a classic liberal; he didn't hammer home on advocating economic theories so much as explaining how he thought markets work 

Posted

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.

Posted

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!

  • 2 months later...
Posted

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.”
Posted

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

Yes if they're a libertarian they're not a true scotsman.

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