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I thought I'd try to reconstruct Bryan's discussion with a 13-year-old about the minimum wage based on the below tweet:
(@bryan_caplan let me know if anything is inaccurate)
(@bryan_caplan let me know if anything is inaccurate)
Took me under 5 minutes to turn a normal, smart 13-year-old against the minimum wage.View quoted post on X
Contrary to almost everyone, the textbook argument IS intuitive.
It's just emotionally unappealing.