If a job takes up all the time you have available to work,there’s a natural minimum wage. Otherwise you are saying that two half jobs can add up to one job, which is true but uninteresting. In terms of hourly rates , there’s a natural minimum hourly rate, whether you get it from one job or two or three.
Yes, but not everyone. You’re basically giving up on the idea that everyone has a right to life...a practical right to life. Libertarianism isn’t the best system if a few low-productivity manage to survive, because almost any other system does better regarding low productivity people.
What are you trying to maximise? What are your values, and why are they the true values?
Of course. Politics is downstream of ethics. So is economics, more surreptitiously. An economist can tell you how to get more of what you value, but shouldn’t be telling you what to value.
There’s no natural minimum wage as not all money a person earns comes from a specific job.
People happen to work for other motivation then money as well. Some people take up jobs to increase there skills.
I remember from a YC talk that not paying the founders minimum wage in the beginning is often a source of legal issues.
If a job takes up all the time you have available to work,there’s a natural minimum wage. Otherwise you are saying that two half jobs can add up to one job, which is true but uninteresting. In terms of hourly rates , there’s a natural minimum hourly rate, whether you get it from one job or two or three.
In reality many people have relationships with other people that allow them to live even if they don’t earn enough money to feed themselves.
Yes, but not everyone. You’re basically giving up on the idea that everyone has a right to life...a practical right to life. Libertarianism isn’t the best system if a few low-productivity manage to survive, because almost any other system does better regarding low productivity people. What are you trying to maximise? What are your values, and why are they the true values?
What you write sounds like you mix questions about whats true very much with question of what you think should happen.
Of course. Politics is downstream of ethics. So is economics, more surreptitiously. An economist can tell you how to get more of what you value, but shouldn’t be telling you what to value.