I responded prior to reading that link, as I had posted that statement prior to being sent to that link. Giving myself additional time to fabricate a reason for my statement would seem disingenuous.
That makes sense; I had interpreted the conversation more like:
-- “I never saw a good argument against minimum wage”
-- “Well, here’s a complex economics analysis on Wikipedia that points some theoretical problems with minimum wage”
-- “Hmm, I still haven’t seen a good argument against minimum wage.”
On minimum wage, my personal position is to suspend judgement until I take the time to understand the economics (which are complicated) and the ethics (which are complicated in a different way). Seems that economics analysis indicates that minimum wage is overall negative, but that the actual data doesn’t confirm what the theory predicted. I don’t feel a very strong need to decide that one side is wrong and one side is right, and am satisfied with staying somewhat ignorant until I have the time and need to dig deeper into the problem (so this thread is somewhat interesting).
That makes sense; I had interpreted the conversation more like:
-- “I never saw a good argument against minimum wage”
-- “Well, here’s a complex economics analysis on Wikipedia that points some theoretical problems with minimum wage”
-- “Hmm, I still haven’t seen a good argument against minimum wage.”
On minimum wage, my personal position is to suspend judgement until I take the time to understand the economics (which are complicated) and the ethics (which are complicated in a different way). Seems that economics analysis indicates that minimum wage is overall negative, but that the actual data doesn’t confirm what the theory predicted. I don’t feel a very strong need to decide that one side is wrong and one side is right, and am satisfied with staying somewhat ignorant until I have the time and need to dig deeper into the problem (so this thread is somewhat interesting).