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selver wrote

I get that it might seem to make sense logically, but again, the evidence has shown otherwise. None of that ever actually happens after a min. wage increase. But if you've got evidence showing otherwise, by all means share it. Letter signed a few years ago by 600 economists, including 7 nobel prize winners, saying:

In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front.

There are many reasons San Fransisco is fucked up, none of which are the min. wage. The tech workers there are not making anywhere near min. wage.

And also fuck small business tyrants. If they can't pay a decent wage, shut em down.


monkeec wrote

I've just been looking at the comments from the years past when they were doing the same, on leftist sites, and the only arguments I see are "of course more money is good". The only analysis I see is from people saying it's not a good idea. Can you point me to some actual analysis and not just a letter? Are the people who signed that letter liberal or leftists? Also, how does this work towards a stateless , anarchist society?