What do Burlington, Vermont and Charlottesville, Virginia have in common?
Both the University of Vermont and the University of Virginia had a tent city on the green full of students “fighting” for a livable wage for university employees. Both schools ordered the tents to be removed. Both groups of students, though well-meaning, seem to lack an elementary understanding of economics.
There is an interesting article, Campaigning to lose jobs, written by a U. Va. visiting Economics Professor in The Cavalier Daily, explaining how instituting a livable wage could actually hurt the lowest skilled workers and proposing a better way for students who care to offer their assistance to these workers.
I saw this post about it on another blog and thought, wow – it really is a small world after all.