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A comment on Amazon raises minimum wage to $15 for all US employees. Parent comment

Re:Amazon raises minimum wage to $15 for all US employees by conanbatt on Tuesday October 02, 2018 @12:03PM (#18122876)
Lots of interesting things happen when you play with price. Sometimes its higher-paying workers that benefit the most: if you can handle data management manually at 7.5U$S you hire cheap labor. If it costs 15U$S you hire an engineer to make a permanent and scalable solution.

I am not enamored by the concept of minimum wage, and to this day its a fight among economists.

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Re:Amazon raises minimum wage to $15 for all US employees by drak0n1c on Tuesday October 02, 2018 @01:59PM (#18124063)
The minimum wage has exactly the same effect on labor as the carbon tax has on the energy industry. There are winners and there are losers. But generally, when the government decides, there is deadweight loss in efficiency.
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