Sunday, September 28, 2003


Here are the results of Marc Brazeau's minimum wage challenge (my entry was here). I certainly found it to be very challenging, which is why I will not be participating in any future "challenges". I will point to pre-insanity Krugman and point out that anyone who declares "I'm not as superstitious about theoretical supply and demand charts. I want to know what's really going on" is being superstitious about all sorts of theoretical assumptions, but is keeping implicit and inconsistent.


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