Comments on: Not Just (In) Deserts http://cafehayek.com/2007/02/not_just_in_des.html where orders emerge Mon, 16 Jan 2012 02:06:33 +0000 hourly 1 http://wordpress.org/?v= By: Amoxicillin dosage. http://cafehayek.com/2007/02/not_just_in_des.html/comment-page-1#comment-55853 Amoxicillin dosage. Thu, 13 Aug 2009 14:51:33 +0000 http://localhost/wordpress/?p=3970#comment-55853 <strong>Amoxicillin dosage....</strong> Amoxicillin. Amoxicillin no prior prescription. Amoxicillin alternative. Amoxicillin acne. Taking amoxicillin while pregnant.... Amoxicillin dosage….

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]]> By: Mesa EconoGuy http://cafehayek.com/2007/02/not_just_in_des.html/comment-page-1#comment-10197 Mesa EconoGuy Mon, 12 Feb 2007 20:46:29 +0000 http://localhost/wordpress/?p=3970#comment-10197 <p>More importantly, what this law will do (and has done) is increase the demand for low-wage (illegal) labor here in AZ.</p> <p>Dr. Friedman recognized you cannot have open borders with a welfare state such as ours.</p> <p>I would add also a federal government that refuses to enforce its laws.<br /> </p> More importantly, what this law will do (and has done) is increase the demand for low-wage (illegal) labor here in AZ.

Dr. Friedman recognized you cannot have open borders with a welfare state such as ours.

I would add also a federal government that refuses to enforce its laws.

]]> By: TGGP http://cafehayek.com/2007/02/not_just_in_des.html/comment-page-1#comment-10196 TGGP Mon, 12 Feb 2007 17:33:57 +0000 http://localhost/wordpress/?p=3970#comment-10196 <p>Brad, it WILL be a subsidy to low-wage employers. It's pretty basic economics that when you subsidize something you get more of it and when you penalize it you get less. Voters want the unemployed to get jobs, which is why politicians go on and on about how their plan will "create jobs". And what do you mean by "full value of labor" not covered by what they are paid. Who determines the value something is worth other than the people willing to exchange something of value in order to get it or give it?</p> Brad, it WILL be a subsidy to low-wage employers. It's pretty basic economics that when you subsidize something you get more of it and when you penalize it you get less. Voters want the unemployed to get jobs, which is why politicians go on and on about how their plan will "create jobs". And what do you mean by "full value of labor" not covered by what they are paid. Who determines the value something is worth other than the people willing to exchange something of value in order to get it or give it?

]]> By: Mike Hammock http://cafehayek.com/2007/02/not_just_in_des.html/comment-page-1#comment-10195 Mike Hammock Mon, 12 Feb 2007 15:34:58 +0000 http://localhost/wordpress/?p=3970#comment-10195 <p>Brad, wages are determined by supply and demand in most labor markets. The incentive to pay the market wage is that a company paying below market wage will lose workers (or it will tend to attract low quality workers). I'm not sure I understand the rest of your questions. </p> Brad, wages are determined by supply and demand in most labor markets. The incentive to pay the market wage is that a company paying below market wage will lose workers (or it will tend to attract low quality workers). I'm not sure I understand the rest of your questions.

]]> By: Brad http://cafehayek.com/2007/02/not_just_in_des.html/comment-page-1#comment-10194 Brad Mon, 12 Feb 2007 14:55:53 +0000 http://localhost/wordpress/?p=3970#comment-10194 <p>Splain something to me. Let's say we take Milton Friedman's general advice, do away with the minimum wage, and replace it with a negative income tax (e.g. expand EITC). Two questions... What incentive do employers have to pay the full value of labor that is below the "effective minimum wage" established by the negative income tax? How would such a program be administered so that cash flow for low wage workers isn't a problem? (Or is cash flow from wages the bulk of the incentive for workers to demand a higher wage?)</p> <p>Politically, how would such a situation not look like a subsidy to low wage employers?</p> Splain something to me. Let's say we take Milton Friedman's general advice, do away with the minimum wage, and replace it with a negative income tax (e.g. expand EITC). Two questions… What incentive do employers have to pay the full value of labor that is below the "effective minimum wage" established by the negative income tax? How would such a program be administered so that cash flow for low wage workers isn't a problem? (Or is cash flow from wages the bulk of the incentive for workers to demand a higher wage?)

Politically, how would such a situation not look like a subsidy to low wage employers?

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