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A comment on America has never gone this long without hiking the federal minimum wage. Parent comment

Re:America has never gone this long without hiking the feder... by rchaud on Wednesday June 19, 2019 @02:37PM (#20225944)
Presumably where output is maximized on the production possibility curve [0], i.e. a purely theoretical petri dish where every individual, corporation and government's actions can be neatly quantified in a 2-dimensional chart.

[0]: https://www.tutor2u.net/economics/reference/production-possi...

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Re:America has never gone this long without hiking the feder... by clairity on Wednesday June 19, 2019 @04:51PM (#20227192)
and where information is symmetrical, so that each rational actor always makes the perfectly optimal economic choice.

give the rugged individual all the relevant information (wages/benefits, available jobs, hidden risks, corporate strategy, market dynamics, etc.), and then maybe we can talk about labor market deregulation.

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