If there was no minimum wage then there would be no unemployed. It would be legal to hire anyone who wanted to work at a rate that made the arrangement economically sustainable. And if govt didn't set square foot minimums then many more could afford to own or rent small homes as opposed to being homeless. Make work & affordable shelter illegal, while (as you pointed out) destroying the primary tool for trade & resourse allocation, & you end up with lots of waste, fewer people able to help, & a serious homeless problem all at the same time.
Discussion
Absolutely. Minimum wage actually makes it illegal to work for less than what the government requires. I have worked minimum wage jobs, gotten raises, and then watched as minimum wage increased. Prices went up, and my $2 raise put me right back to where I was before.
I wish more people understood the principle of homesteading, but thatās going to be a tough one. Even most libertarians would be appalled if you told them 100 acres isnāt rightfully their property because theyāre not utilizing it. The only reason they can claim that property is from a piece of paper the government wrote for them. There are so many solutions to homelessness, but government intervention has proven to make it worse over and over again.
Tried to explain legal fiction to my girlfriend and I think it broke her brain. Arbitrary land boundaries, trusts and holding companies, intellectual property and copyright, patents - the State is a figment of peopleās imaginations projecting more figments on to their imaginations which are completely at odds with the natural order of the world.
Thereās no way I could explain all that to my wife š I just takes small jabs at stupid shit when itās relevant, and sometimes she looks at me like Iām crazy.
I did get lucky though. A few weeks into the covid nonsense, she said "Maybe this makes me a bad person, but I just donāt give a fuck about any of this" and I was like "Iām so happy you said that" š