Thurs. 10/04/29 20:30 EDT
.post #90
The following passages are transcribed from a book I picked up for the specific purpose of quote-mining specious arguments. It’s a book on economics “for people who hate capitalism,” written by a left-leaning philosophy teacher.
In this chapter, entitled Incentives Matter, he attempts to undermine the idea that minimum wage laws create unemployment. He begins the discussion sarcastically:
After defining a “synthetic a priori judgment” as “…that’s when you figure out how things in the world must be, just by thinking about it,” then telling us that “In reality, things are a lot more complicated,” he tells us “…there is a very lively debate among economists about whether an increase in the minimum wage actually produces unemployment. For the moment, at least, no one has succeeded in providing convincing empirical evidence that it does.” (my emphasis)
Ok, so much for the foreplay. Here is the passage that I believe contains the specious argument:
Happy debunking.