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minimum wage (10) job market (8) technological unemployment (8) communism (8) welfare (6) Basic Income Guarantee (4) unemployment (3)

The death of wages is sin

Scott Alexander critiques a plan to cure youth unemployment by abolishing minimum wage, arguing that unemployment might be preferable to miserable employment at extremely low wages.

ssc
Mar 24, 2013 1,078 words 0 likes 102 comments Read Read
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