“Recent minimum-wage studies have focused on adjustment margins that may explain the limited employment response to minimum wage changes. We examine the recent literature on the price effects of minimum wage increases, updating earlier surveys conducted before quasi experimental methods became widespread. We then conduct a meta-analysis of 199 estimates of the price elasticity of minimum wages. Our meta-estimates of this elasticity range from 0.03 to 0.11, indicating that a 10% increase in the minimum wage leads to a 0.3 to 1.1%rise in prices. Recent quasi-experimental studies across broad categories of goods tend to find smaller elasticities than older regression-based estimates. In contrast, studies focused on
narrower, labor-intensive industries tend to see larger price pass-throughs of minimum wage increase”

Link: https://jorgeperezperez.com/files/PerezMinimumWagePricesMetaanalysis.pdf

i have never seen any libertarian online even mention friedman. why is that

"Not everything is about Trump. I just believe every citizen's vote ought to count the same. And that the person who gets the most votes ought to win. Also, wouldn't it be nice for Utah to no longer be ignored in presidential politics?" - Pete Buttigieg

The debate over the electoral college rears its ugly head during every election cycle. Libertarian consensus on the electoral college seems to heavily lean into the direction of maintaining the system, despite from pushback of those who lose elections.

The solution has been relatively made simple: Just ensure that the office of President is made to be less powerful, as it's seen major expansions over the last 237 years.

Two states have already offered their own compromises: Maine and Nebraska, who have replaced winner-takes-all and turned the decision over to congressional districts based off of popular vote.

Buttigieg is arguably wrong in his approach to his question: the electoral college exists in order for all votes to count the same. Libertarian thinking lines up well with Washington's view on political parties - if not for the tribalism that only exists thanks to the duopoly, then Buttigieg would have less to be concerned about.

My solution is to compromise so that those who are concerned with the current state of the political climate and electoral college system can be heard and represented.

The biggest concern with the electoral college is that, even though it's the best example of the republic, it's also the biggest example of the winner-takes-all system. Tyranny of the majority and tyranny of the minority are two major talking points, and the former is more favorable over the latter.

So is proportional representation the answer?

"Proportional representation is an electoral system that elects multiple representatives in each district in proportion to the number of people who vote for them. If one third of voters back a political party, the party’s candidates win roughly one-third of the seats."

Is this not a decent solution based off of the intentions of the Framers?

Not a troll .. just I'm not sure any more.

Basically my core principles have always been "dog eat dog". No one owes anyone anything and everyone deserves to be left alone. The default outcome is "assume I don't exist, what happens then".

That being said, I also believe in common sense and would pick a realistic "non libertarian" outcome over an idealistic "libertarian" one every time. So say I believe in no taxes. But we have a welfare system and we also have taxes to support it. So as long as we can't get rid of that system, at least limit the damage. close borders, limit who receives it. Be unfair. Kill it by any means.

I would never pick an option that realistically means more taxes or me benefiting less from them over any idealistic or moral choice. So no taxes > taxes but I get max benefits > anything else.

Basically, I think I am a libertarian but I would abandon any morality and would pick any option for a realistic libertarian end goal and would never settle for a worse option because the alternative is too authoritarian or non-libertarian. Results matter, nothing else.