No let’s stick with my example. You’re dodging the point by talking about start-ups and restaurants, etc., because that’s what libertarians do, i.e. engage in useless thought experiments to avoid dealing with actual reality.
If Foxconn pays its 800,000 or so employees at its Shenzhen factory just $1 more per hour, does Apple’s profit go up or down? What’s your rough estimate of exactly how much.
I’m just an “economic illiterate.” I don’t have my doctorate in advanced praxeology from the Ludwig von Mises Correspondence school of American Samoa. Maybe you can help me, since you read the Cliff Notes from the Road to Serfdom once.