why don’t people realize that raising wage is not the solution? 

businesses end up hiring less, and many end up going bankrupt. https://i.imgur.com/1wNFZKJ.jpg

building @perl & @offmarket | fid #539 | resuming /cheesecoin once we hit pmf 🎯

I don't think it's quite that simple. I'll send through some links

The only problem is externality pricing.

Building https://negationgame.com

Yeah definitely the case that increased wages decrease labor consumption

But sometimes union-like (and lobbyist-like) behavior is efficiency inducing

def not simple - but im seeing from many smb owners hiring significantly less and working more themselves. 

this was closer to a statement of a problem than an announcement of a solution ofc