Cafe Hayek - where orders emerge
Don receives a letter from an insistent college student equipped with an air tight argument. Perhaps he should leave some room to breath. Don handily dispatches him with a 10 bore. Dandy shootin' Don!
"Here’s a letter to a new and quite insistent correspondent. This correspondent tells me that he’s a college student, but he’s yet to say what college he attends. (One thing is certain: he’s no GMU Econ student.)
Mr. Jared Jordan
Thanks for your follow-up e-mail challenging me to “rebut” what you describe as your professor’s “air tight argument that Walmart imposes costs on taxpayers” because “it [Walmart] refuses to pay its workers enough for them to break out of welfare.”
This argument is completely nonsensical; no competent economist gives it any credence. (You don’t say what this professor of yours teaches. If it’s economics, you deserve a tuition refund.) As it happens I’ve addressed this argument several times; see the links below.*"
You will need to go read the rest. Be assured it is worth the read.
PS, if you find even feathers from our intrepid student please advise!