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re: 200,00 likes for this tweet: "you shouldn't own a business if you can't afford $15 MW

Posted on 1/15/21 at 10:11 pm to
Posted by Ross
Member since Oct 2007
47824 posts
Posted on 1/15/21 at 10:11 pm to
The concepts of undergraduate level microeconomics is hopelessly lost on so many in this nation

It will eventually collapse our economy, driving wealth inequality to levels these people could never before dream as we encounter stagflation and the only people moving up on society are those with equities.
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 1/15/21 at 10:54 pm to
quote:

The concepts of undergraduate level microeconomics is hopelessly lost on so many in this nation


Today those teaching microeconomics would likely agree with raising the minimum wage, and quote a lot of Krugman’s nonsense to show why, and at the same time demonstrate how Friedman was wrong.
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