If wages are to rise, workers need more bargaining power

Re:If wages are to rise, workers need more bargaining power by xapata on Friday June 08, 2018 @11:18AM (#17266265)

I can estimate the amount of money I'm willing to pay for something. I can observe some evidence of what other people are willing to pay and from that proxy make an estimate.

If that's pulling something out of my ass, well, I guess you're not a fan of statistics or the scientific method? Oh, actually, I forgot that's a central tenet of the Austrian School -- science is bogus when contradicted by philosophy.

> can't parse the latter part

If a government creates money, then it must have a monetary policy. Do you think government-backed money is not "for the greater good"?

[ Parent | on HN ]

Re:If wages are to rise, workers need more bargaining power by alter_eco123 on Friday June 08, 2018 @12:10PM (#17266833)

Do you think ruling over subjects is done to benefit the subjects?

Do you think 2% is a good rate for you to be losing your savings' purchasing power? How fast would you like gangrene to spread through your body?

[ Parent | on HN ]

Re:If wages are to rise, workers need more bargaining power by xapata on Friday June 08, 2018 @02:28PM (#17268374)

I'm not a fan of anarchy. Which is what you're advocating now.

> 2%

The correct rate varies according to the behavior of the economy.

> gangrene

What a strange and shifting conversation.

[ Parent | on HN ]