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Old 12-02-2006, 04:21 PM
valenzuela valenzuela is offline
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Join Date: Dec 2004
Location: Santiago, Chile
Posts: 6,508
Default Re: Question for Minimum Wagers

I will just change the hypothetical to you make $0.5 per worker and ure offering them $4.50. I just have a problem with a billion pennies being hidden on a desert.
Also in the example above they are actually paying you 50 cents an hour, so how about they hire you for 50 dollars an hour, that was easy. problem solved.

But suppose that they cant do that, in that very specific case then you are correct.
Also Xorbie is right that such clear cut cases you can always do it illegaly.
However I dont know what negative market externabilitis is he talking about.
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