At least one economist (make that “economist”) contends that it’s good to have labor market rigidities such as the minimum wage because it then makes firms become more creative to cope with the inefficiency caused by the government’s meddling.
This crank notion is taken to the woodshed by Dutch economist Peter Beukelman here.
The underlying idea is just as silly as the idea that it’s really good to have natural disasters because they stimulate the economy.
