From: Barbara Lamar (blamar@satx.rr.com)
Date: Sat Apr 05 2003 - 22:09:11 MST
Rafal wrote:
> ### A minimal wage law is an attempt to do good with other
> people's money -
> Generally, trying to do good with other people's money is a bad idea.
> Helping the poor can be achieved by less dishonest means, such as offering
> employers subsidies to hire workers, e.g., by matching every 1$/hour in
> wages
> paid with 1$ in subsidy
Whose money would you be using to bankroll the subsidy?
The rest of your argument makes sense, but it looks to me as though you're
using other people's money in both of your hypothetical cases.
Barbara Lamar
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