If anything A . R . M would probable talk about why minimum wage is a good thing . Let ' s say that your work is worth $ 10 an hour . You ' re getting paid $ 9 and your boss gets $ 1 as profit If they got $ 0 there is no reason to employ you . The minimum wage law might demand $ 9 . 50 an hour , $ 0 . 50 that would have gone to your employer is now going to you . Most businesses face a strong downward pressure on costs so wouldn ' t be able to simply raise prices to match . Your boss works as management and wants to earn enough money to justify the hours they work . They might have been happy doing it for $ 1 from every employee but not $ 0 . 50 in which case they quit and people lose their jobs . Some employers will put up with less profit , some won ' t . The interesting thing is that studies have found that for reasonable increases in the minimum wage there is little to no increase in unemployment . This could be because the working class spends a lot of their money rather than saving which is good for a consumer based economy but also because more people are able to start their own business if they chose to save up their extra money . While the free market works well a lot of the time , any decent economist will tell you that there are situations where government intervention improves the economy or improves the lives of the majority . Adam would also talk about why Fiat money is a great idea , many reasons have been covered in the extra history you watched . He would probably justify money in general as an extension of the favours we do for our friends DEBT The first 5000 years , talks about this . He would also likely talk about a 2 % inflation rate being good so that people spend their money rather than holding on to it because we know that most things get more expensive over time .