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Old 04-19-2016, 01:18 PM
Lune Lune is offline
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Join Date: Mar 2013
Posts: 3,314
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^Well it may not be PC, but he's not wrong.

Also, economics is a soft science, a social science, with minimal empirical integrity. There is no consensus among economists whether a minimum wage uniformly increases unemployment because of the labor supply-demand curve. Using that reasoning is like an undergrad physics student doing physics problems with perfect sphere or cube shaped objects with no friction and no air resistance. It's a very bad representation of the complexities of reality... like most models in economics. It's probably the only "science" where whether you are liberal or conservative impacts your "belief" in certain facets of the subject matter. That's not science.
 


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