Hacker News new | past | comments | ask | show | jobs | submit login

Right, but a living hourly wage requirement that applies universally without exceptions prevents someone with a full-time job that pays a living wage (or perhaps much more than that) from doing side jobs that have a price which would provide mutual benefit to both them and the person paying for them, but only do so at a wage below what would, on its own, be a living wage.

This is a real issue (and it applies to regular old minimum wages even they aren't living wages); its among the arguments for why Basic Income would be a better minimum-quality-of-life support than minimum wage guarantees for the working plus welfare for the nonworking, since it doesn't stop any mutually-beneficial work from being done merely because the market clearing price is below an artificial threshold.

OTOH, even people who recognize that the restriction on some work that it implies is a problem think its a cost worth paying for a living wage guarantee given that its harder to get support for (and, arguably, beyond the level of the economy now to support) a Basic Income at a sufficient level in the near term.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: