VijayKrishnan comments on A potentially great improvement to minimum wage laws to handle both economic efficiency as well as poverty concerns - Less Wrong

0 Post author: VijayKrishnan 26 July 2011 12:07AM

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Comment author: orthonormal 25 July 2011 11:55:51PM 8 points [-]

That's a bit harsh. I think the problem is just that Vijay hadn't heard of Friedman's negative income tax proposal, and is reinventing the wheel. Also, it's not polished enough for the Main section.

Comment author: VijayKrishnan 26 July 2011 12:32:52AM 2 points [-]

Thanks, orthonormal! Yes I had not heard of it and the idea seems very similar.