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  Dennis Hackethal revised criticism #6127. The revision supersedes the old version.

Emphasize that common preferences are created not merely found


the minimum wage should be raised.

You can’t make someone richer by upping a number on a piece of paper. It’s a naive and mystical idea. The only legitimate way people get richer is by finding common preferences. That takes creativity, not the mechanical raising of numbers by fait/law. You can’t outlaw poverty. If you want people to get richer, reduce regulatory hurdles to make it easier for them to find common preferences.

the minimum wage should be raised.

You can’t make someone richer by upping a number on a piece of paper. It’s a naive and mystical idea. The only legitimate way people get richer is by creating common preferences. That takes creativity, not the mechanical raising of numbers by fait/law. You can’t outlaw poverty. If you want people to get richer, reduce regulatory hurdles to make it easier for them to create common preferences.