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 Originally Posted by MadMojoMonkey
It's exactly stuff like this which makes me skeptical about economics.
You say that supply and demand is as rock solid as economic theory gets, but then you say that it can't be shown to even happen in the first place on the example of minimum wage. Minimum wage is not a new issue, has changed many times in the past, and the idea that economists can't show that this plan is antithetical to positive economic growth tells me that they don't have anything from reality to affirm their position.
When economists can keep all other factors the same (ceteris paribus), they can demonstrate the supply and demand theories, and those theories have been demonstrated repeatedly. If they could do that with minimum wage, they would (they try, but ceteris paribus is so evasive on that level).
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