News for hackers. Stuff that matters.
Re:The Effects of Major Retailers Raising Their Minimum Wages by ethanbond on Monday December 06, 2021 @10:24AM (#29460816)
(Temporarily)
Re:The Effects of Major Retailers Raising Their Minimum Wages by vanveenada on Monday December 06, 2021 @10:41AM (#29461066)
Correct, because nothing lasts forever in this fallen world. That said: the amount of time spent in a state of wage-driven inflation -- setting up the situation where temporary moments of price stickiness result in increases of effective demand that in turn hot up the economy as a whole -- is the thing we want to maximize.
Re:The Effects of Major Retailers Raising Their Minimum Wages by ethanbond on Monday December 06, 2021 @10:48AM (#29461154)
Totally! We can also go ahead and tax away all the gains captured by landlords on the unimproved value of their land (definitionally price movement that is not due to them).
Re:The Effects of Major Retailers Raising Their Minimum Wages by vanveenada on Monday December 06, 2021 @11:09AM (#29461468)
found the Georgist!