Mazen on July 13 at 05:24PM
How things please:
First, in the initial thread, you write under the heading "let's look at the argument": "The reasoning here is that the executives in this scenario will be reluctant to cut the lowest-paid workers' wages because they would also have to lower the executive compensation."
So, respectfully, I did not read the stimulus as linking the two salaries - the executives' and the lowest-paid employees' - causally or so strongly. As you explained it, under the maximum wage law, the executives would decrease their own salary if they cut the wage of the lowest-paid employee.
I, instead, interpreted the stimulus as follows: the status quo incentivizes the executives to reduce the lowest-paid employees salaries because they stand to gain from such reductions; and that the maximum wage law simply removes such incentive thereby sparing many employees these wage cuts.
Second, regarding the negating of E, Irina writes the negation of "none would not cut" is "all would cut." Irina negates "none" with "all." My question is: Isn't "some" the negation of "none"? In other words, isn't the negation of "none would not cut" "some would cut," rather than per Irina's thread "all would cut"?
Mazen on July 13 at 06:19PM
Jacob on July 15 at 03:10AM
Mazen on July 15 at 06:13PM