Eric Sentell
Apr 6, 2021

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Nice article. I’m not an economist either, but it seems like most economists base their ideas on abstract theories rather than real-life scenarios and behavior. Take minimum wage. If we increase it, millions will lose jobs, right? So why isn’t the minimum wage still like a dollar? Because companies are ran by humans, not economists, who want to attract and retain workers instead of dealing with endless turnover.

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Eric Sentell
Eric Sentell

Written by Eric Sentell

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