July 22, 2013
Job Gentrification
Hooray! Walmart has decided to double its wages. Henceforth, instead of paying somewhere between $8-11/hr for the typical floor-level associate, it will pay them $16-22/hr. Thank God, justice is served!…
Hooray! Walmart has decided to double its wages. Henceforth, instead of paying somewhere between $8-11/hr for the typical floor-level associate, it will pay them $16-22/hr. Thank God, justice is served!…
Schliesser has been hoping to catch me in an economic error but has been unable to do so. (His strategy in responding to me so far has been to read…
Here. Quoted: It’s as if Brennan has been reading too much Marx and thinks that productivity is an embodied, intrinsic (or partially acquired) quality of an agent. Brennan knows better…
Over at Open Borders, Paul Crider is puzzled why self-described cosmopolitan philosophers focus so heavily on global redistribution rather than open borders as a way to fight global poverty. I agree….
Consider this a Robin Hanson-style post. Basic textbook economics says that workers’ wages are determined by marginal productivity. (Here’s a quick explanation from Mankiw intended for a popular audience. Deep in…
Eric Schliesser (Ghent) responds here. Some quotations: Brennan implies that the folk who advocate the moral outsourcing argument are economic nitwits. Brennan’s ridicule surprises me because these government subsidies (food stamps,…