Comments on: the state of polish popular economics

By: David

David — Sat, 15 Sep 2007 07:09:15 +0000

(Is it necessarily “socialist versus capitalist”? Anyway … ) I am probably more “socialist” than you, but having said that I want to ask some questions about the minimum wage itself; to be more precise, one question: why?

By: marcin

marcin — Thu, 23 Aug 2007 15:07:33 +0000

to play devil’s advocate – would ‘artificially’ putting the pay levels up reflect one valuing people? Surely if one believed that people are good and productive one would be reassured they will earn good living. But if you expect most people to be able to do only lowest paid jobs then it would be showing them some form of valuation. …

By: Simon

Simon — Thu, 23 Aug 2007 12:18:35 +0000

I was going to launch into some argument about valuing people more, but to be honest I can’t be bothered, and my argument would just demonstrate my lack of understanding of economics!