What we've all been waiting for!!!
Yes, Nielsio posted this in some thread, but it deserves its own thread!
why me?
(english is not my native language, sorry for grammar.)
It's a good question. Why have you been waiting for it? :p
Because George Ought to Help was so amazing!
I'm more waiting for the third Keynes vs Hayek rap, especially after the awesomesauce that was Fight of the Century
Thanks for sharing Edgar here!
Just a note: I'm running a crowdfunding campaign to produce the third animation in the 'George' series: Give Me Your Ball. You can find a video and all the details here: http://www.indiegogo.com/Albin-and-the-bully
oooOOOooo. Someone's going to disprove the economic laws presented in Edgar the Exploiter...
Bitbutter responds:
A nice writeup in the Mises Daily:
bitbutter,
I don't know the best way to ask you but here seems to work: Is the window sticker on the crowdfunding campaign for Give Me Your Ball a vinyl static sticker or an adhesive backed one?
Love the videos.
@BiPolarMoment
They're sticky vinyl, designed to be stuck on the inside of a window, facing outside. Hope that helps.
Well I went ahead and pulled the trigger there--I also saw the e-mail that you reached your goal last night; congrats.
Did anyone notice there's a "Edgar the Entrepreneur" Collection featured in the Mises Store?
Yes, thanks. It appeared in the wake of this excellent article by Daniel James Sanchez: http://mises.org/daily/6004/Edgar-the-Entrepreneur
so you tackled the min wage
do you also want to tackle of rules and regulations?
if a state has no minimum wage, but has a flat amount of benefits people are required to pay, say 20000 per employee, then the employee will not be hired and the no minimum wage will not save him. the other type of add on can be taxes, if there is no minimum wage, but 30% taxes, the someone cannot hire someone who he thinks will earn less less than 130% of the wage or salery. people usally don't get hired just to make a 5% profit, especily in small business, perhaps a big chain store like walmart can minimun worker production profit, but the small store with lower sales volume needs a higher profit than that to survive.
min wage is one factor, it could be one easy factor, and maybe it;s the principle that matters, but i also think it would be cool to go over other regulations that may be hidden and other unseen costs to workers that employers have to consider when making a hiring decision.
it looks like your goal is to show how the state keeps people in poverty and that is a great goal to show
people usally don't get hired just to make a 5% profit
Neoclassical economics disagrees, but I haven't thought enough to decide whether I disagree with their disagreement.
Anyway, the argument according to them is MR=MC.