Re: Help with a Minimum Wage Model

From: Dehede011@aol.com
Date: Wed Apr 09 2003 - 12:21:42 MDT

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    In a message dated 4/9/2003 1:05:53 PM Central Standard Time,
    phoenix@ugcs.caltech.edu writes: Britain got richer in the enclosure
    movement, with tenants being kicked off the land for sheep farming; the
    tenants would probably have words about it not getting internally worse.

    Damien,
           Yes, in the short run you are reasonably correct. But in the long run
    Britain got wealthier including those that were initially displaced. Britain
    got wealthier because the wool was worth more than the other farm products
    the tenants had been producing. The tenants moved into the cities and found
    other work. After an adjustment period it is predictable that the tenants
    did also.
           I was born and raised on a farm. The population of that rural area
    emptied out supplying workers for the city. We like the earlier group had to
    go through an adjustment period. But we prospered and today wouldn't go back
    to the old existance -- we have it much better.
           That is part of the problem the Soviet got into. When you try to hold
    every thing constant you forego modernization and growth.
    Ron h



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