tag:blogger.com,1999:blog-3758330678390419129.post1442887893318862709..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: A 3,000-Word Logorrheic Bouillabaisse of Misunderstandings, Non Sequiturs, Half-Truths, and False PresumptionsRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-52876990036787651332017-01-16T01:08:21.961-05:002017-01-16T01:08:21.961-05:00Should have mentioned Vernon Smith's long ago ...Should have mentioned Vernon Smith's long ago lab experiments that validated supply and demand back when he was skeptical about markets.Macehttps://www.blogger.com/profile/06275537556811417823noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-35341683375565162572017-01-15T22:14:21.112-05:002017-01-15T22:14:21.112-05:00--- "Looking at historical experience, there ...--- "Looking at historical experience, there is no obvious relationship between the minimum wage and unemployment..." ---<br /><br />Isn't this the same as "reducing a complex topic to a simple, open-and-shut case"? "Look, I can't find a relationship looking at data some friend of mine provided, so it doesn't exist!" <br />OldMexicanhttps://www.blogger.com/profile/16111465436836633221noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-13991731193665447242017-01-15T19:14:12.983-05:002017-01-15T19:14:12.983-05:00Do these quacks ever talk to business owners that ...Do these quacks ever talk to business owners that lay off employees, reduce their hours to part time, or move/close up shop all together precisely because of the increased cost of labor when minimum wage is increased too much. It seems to me, that business owners who say they did such things precisely because of this is probably the clearest type of evidence you can find. If their cherry-pickedDhttps://www.blogger.com/profile/07011856643664793898noreply@blogger.com