Ten Unavoidable Problems with a Living Minimum Wage from 100% Waste of Your Money to Millions Unemployed

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ISBN 13 : 9781500749866
Total Pages : 116 pages
Book Rating : 4.7/5 (498 download)

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Book Synopsis Ten Unavoidable Problems with a Living Minimum Wage from 100% Waste of Your Money to Millions Unemployed by : Steve Baba

Download or read book Ten Unavoidable Problems with a Living Minimum Wage from 100% Waste of Your Money to Millions Unemployed written by Steve Baba and published by . This book was released on 2014-08-05 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part I. Unavoidable Problems with a Living Minimum Wage1. Millions More Unemployed Even If the Number of Jobs Remains Constant. 2. High-cost labor will be used at a too-high wage, reducing total output. 3. Mandatory Discrimination Against the Disadvantaged. Nobody will Hire Disadvantaged Labor. 4. In the long run, more people will choose to remain minimum wage workers, reducing output.5. Job Lock and few minimum-wage job openings. People will be locked into bad minimum wage jobs.6. Wasteful Rent Seeking Job Search Costs 7. Unethical Rent Seeking Costs such as the Casting Couch8. Knocking the first step off the job ladder for people who need it the most.9. Reduced Job Training for Everyone. 10. Very Inaccurate Redistribution.Part II. Problems with Card Krueger and other irrelevant, misleading pro-minimum wage arguments11. Introduction to Part II. An interesting discussion on how many jobs will be lost (not unemployment), but it really does not change the fact that a high minimum wage is an awful idea in any case.12. There will be virtually no mass layoffs of workers if the minimum wage is raised to $10.13. As a percent of the total jobs, the effect of raising the minimum wage on number of jobs as is small and close to zero if not zero and is difficult to distinguish from zero. 14. Card-Krueger Fast Food Surveys. Extraordinary Claims Based on Telephone Surveys.15. Why raising the minimum wage had or has a "small" or no effect on the number of job as a percent of the total jobs.16. Monopsony - Is this McDonald's Run Like it's the Only Employer in a Mining- Company Town?17. Bargaining Models and Market Power18. Nonprofit Groups, Unlike McDonald's, can't pass the cost increase along to customers. Fewer Services To The Needy Will Be Provided. 19. In the Long Run people will buy efficient gasoline-saving cars. In the long run, employers will buy efficient, labor-saving equipment.20. A Minimum Wage Increase is The Worst Keynesian Stimulus That I Have Ever Heard of.21. Ripple (Spillover) Benefits are also Ripple Costs and Ripple Distortions.22. Conclusion: Ten Unavoidable Problems and More Likely Problems. Why would anyone want a high minimum wage?Using non-technical language and a dialogue format, this short book explains the problems with a high "living" minimum wage and the misleading minimum wage arguments. Economics concepts are presented in a Socratic discussion with a labor activist at McDonald's. The book's appendix contains supporting peer-reviewed work. Questions and classroom exercises are included. The author has a Ph.D. in Economics from the University of Maryland at College Park and has taught economics in the United States, Europe and Asia.

The Right to a Living Wage

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Publisher : Greenhaven Publishing LLC
ISBN 13 : 1534500839
Total Pages : 202 pages
Book Rating : 4.5/5 (345 download)

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Book Synopsis The Right to a Living Wage by : Matt Uhler

Download or read book The Right to a Living Wage written by Matt Uhler and published by Greenhaven Publishing LLC. This book was released on 2017-07-15 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the disappearance of well-paying jobs and the increasing cost of living, it’s becoming more and more difficult to stay afloat in the United States. Workers who earn the minimum wage often can’t afford the most basic needs. In response, more than 100 U.S. cities have issued living wage ordinances, requiring payments that allow workers to afford food, clothing, shelter, utilities, and healthcare. It may seem obvious that everyone wins with a living wage. But does paying out a living wage help or harm the economy? Should corporations be forced to pay them? What is society’s responsibility to its workers?

Unemployment's Shocking Truth

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Publisher : Trafford Publishing
ISBN 13 : 1490769943
Total Pages : 231 pages
Book Rating : 4.4/5 (97 download)

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Book Synopsis Unemployment's Shocking Truth by : Jack Stone

Download or read book Unemployment's Shocking Truth written by Jack Stone and published by Trafford Publishing. This book was released on 2008-06-03 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: About the Book This book does not take a neutral stand on the issue of mass unemployment. It is an effort to expose capitalism's most outrageous feature - its compulsive need to use unemployment and the fear of unemployment to ensure the docility and subservience of its workers. Under the capitalist system, the stick of the fear of unemployment is necessary to keep workers' noses to the grindstone and make them perform to the satisfaction of their employers. The stick is needed because much work is boring, the carrot paid is less than a living wage, provides workers very little or no control over the work process, and stifles creativity - in short because the total carrot offered to numerous workers is so woefully inadequate. Under a different system, one in which working people participated fully in the decisions affecting what, how and for what purpose goods and services were produced; if we had a system based on economic democracy, there would be no need to use the stick of the fear of unemployment. The creativity of most of the millions of working people, now mostly dormant, would be awakened and the volume and quality of improvements and inventions especially in housing, energy, transit systems and health care would be so great as to tower high above and completely overshadow the number and purpose of the innovations created under the present system. The issue of unemployment is shrouded in half-truths and outright lies. As a result, there is almost total ignorance about the real causes of unemployment and worse still, about its very serious consequences. Many claim that there are enough jobs but that the unemployed are lazy and would rather be on welfare. While this may be true of a very small fraction of the unemployed, it is not true of the overwhelming majority. There have been numerous instances in which whenever advertisements calling for applicants for relatively well-paid jobs or for jobs that paid better than the minimum wage, the number of applicants that applied for those jobs were ten or more times greater than the number of jobs that were advertised. In September 26th of 1984, to mention just one instance, the Associated Press News Agency reported that "50,000 people lined up for 350 jobs." The report went on to say that "the applicants, some of whom waited in line for two days, hope to land a longshoreman's job paying $15.45 an hour or a marine clerk's job earning $17.45 an hour... However the fact that only 350 jobs are currently available didn't dismay the crowd, which queued up in a line in the San Pedro district [of Los Angeles] that stretched for 13 mile..." Clearly, the majority would rather have gainful employment at a living wage and live a life of dignity and integrity. Furthermore apart from the simple need to earn a living, productive employment is an indispensable part of the psychological makeup of human beings. Simply put, people want to feel useful. Prolonged joblessness is a serious threat to a person's self-esteem and destroying that self-esteem has appalling consequences. The ugly truth is that the system under which we live will not or cannot provide jobs for those who need them. The business class is simply not interested in full employment because mass unemployment provides them with many benefits. Among those benefits: a large pool of unemployed workers drives down the wages employers have to pay.

Critical Perspectives on the Minimum Wage

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Publisher : Enslow Publishing, LLC
ISBN 13 : 076607675X
Total Pages : 178 pages
Book Rating : 4.7/5 (66 download)

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Book Synopsis Critical Perspectives on the Minimum Wage by : Anne C. Cunningham

Download or read book Critical Perspectives on the Minimum Wage written by Anne C. Cunningham and published by Enslow Publishing, LLC. This book was released on 2016-07-15 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perspectives on minimum wage have changed significantly over the past twenty years, as seen in the increased momentum of movements around the country to increase workers' salaries. Critics of an increased minimum wage argue that it will lead to mass lay-offs and increased unemployment. Proponents argue the opposite, that it will jump start our economy. In this book, economists, the media, the courts, and even ordinary people will weigh in on this contentious issue, allowing students to evaluate the minimum wage from all sides.

More Than Subsistence

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Publisher :
ISBN 13 : 9780801822513
Total Pages : 202 pages
Book Rating : 4.8/5 (225 download)

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Book Synopsis More Than Subsistence by : Sar A. Levitan

Download or read book More Than Subsistence written by Sar A. Levitan and published by . This book was released on 1979 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph reviewing the role of the minimum wage in the USA - commenting on fair labour standards labour legislation of 1938 traces historical aspects, and using econometric model studies, analyses the impact of minimum wages relating to poverty among low income workers, unemployment, etc., and discusses wage policy issues emanating from the 1977 congressional round and in context with the welfare state. Graphs, references and statistical tables.

Why Mass Unemployment?

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Publisher : Trafford on Demand Pub
ISBN 13 : 9781412087995
Total Pages : 255 pages
Book Rating : 4.0/5 (879 download)

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Book Synopsis Why Mass Unemployment? by : Jack Stone

Download or read book Why Mass Unemployment? written by Jack Stone and published by Trafford on Demand Pub. This book was released on 2006 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book exposes the hidden and other causes of mass unemployment. You will not only be appalled at knowing the causes but also dismayed by the many outrageous consequences.

Progress & Plenty

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ISBN 13 :
Total Pages : 144 pages
Book Rating : 4.:/5 (2 download)

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Book Synopsis Progress & Plenty by : James S. Paton

Download or read book Progress & Plenty written by James S. Paton and published by . This book was released on 1913 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Working But Poor

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Publisher :
ISBN 13 : 9780801835834
Total Pages : 162 pages
Book Rating : 4.8/5 (358 download)

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Book Synopsis Working But Poor by : Sar A. Levitan

Download or read book Working But Poor written by Sar A. Levitan and published by . This book was released on 1987 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: Revised and expanded for the 1990's, this new edition of Working But Poor examines the experiences and hardships of today's poor workers and analyzes how government policies can best relieve deprivation and encourage work. In profiles of poor workers, the authors examine the severity of income problems and analyze the nature of low-wage job markets. They also assess the impact of unemployment, technological developments, immigration, and international trade on this complex and persistent problem.

Hand to Mouth

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Publisher : Penguin
ISBN 13 : 0425277976
Total Pages : 242 pages
Book Rating : 4.4/5 (252 download)

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Book Synopsis Hand to Mouth by : Linda Tirado

Download or read book Hand to Mouth written by Linda Tirado and published by Penguin. This book was released on 2015-09-01 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: The real-life Nickel and Dimed—the author of the wildly popular “Poverty Thoughts” essay tells what it’s like to be working poor in America. ONE OF THE FIVE MOST IMPORTANT BOOKS OF THE YEAR--Esquire “DEVASTATINGLY SMART AND FUNNY. I am the author of Nickel and Dimed, which tells the story of my own brief attempt, as a semi-undercover journalist, to survive on low-wage retail and service jobs. TIRADO IS THE REAL THING.”—Barbara Ehrenreich, from the Foreword As the haves and have-nots grow more separate and unequal in America, the working poor don’t get heard from much. Now they have a voice—and it’s forthright, funny, and just a little bit furious. Here, Linda Tirado tells what it’s like, day after day, to work, eat, shop, raise kids, and keep a roof over your head without enough money. She also answers questions often asked about those who live on or near minimum wage: Why don’t they get better jobs? Why don’t they make better choices? Why do they smoke cigarettes and have ugly lawns? Why don’t they borrow from their parents? Enlightening and entertaining, Hand to Mouth opens up a new and much-needed dialogue between the people who just don’t have it and the people who just don’t get it.

Model Rules of Professional Conduct

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Publisher : American Bar Association
ISBN 13 : 9781590318737
Total Pages : 216 pages
Book Rating : 4.3/5 (187 download)

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Book Synopsis Model Rules of Professional Conduct by : American Bar Association. House of Delegates

Download or read book Model Rules of Professional Conduct written by American Bar Association. House of Delegates and published by American Bar Association. This book was released on 2007 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Model Rules of Professional Conduct provides an up-to-date resource for information on legal ethics. Federal, state and local courts in all jurisdictions look to the Rules for guidance in solving lawyer malpractice cases, disciplinary actions, disqualification issues, sanctions questions and much more. In this volume, black-letter Rules of Professional Conduct are followed by numbered Comments that explain each Rule's purpose and provide suggestions for its practical application. The Rules will help you identify proper conduct in a variety of given situations, review those instances where discretionary action is possible, and define the nature of the relationship between you and your clients, colleagues and the courts.

Ask a Manager

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Publisher : Ballantine Books
ISBN 13 : 0399181822
Total Pages : 306 pages
Book Rating : 4.3/5 (991 download)

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Book Synopsis Ask a Manager by : Alison Green

Download or read book Ask a Manager written by Alison Green and published by Ballantine Books. This book was released on 2018-05-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together

Economics in One Lesson

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Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)

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Book Synopsis Economics in One Lesson by : Henry Hazlitt

Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.

Fair Society, Healthy Lives

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Publisher : Olschki
ISBN 13 : 9788822262516
Total Pages : 74 pages
Book Rating : 4.2/5 (625 download)

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Book Synopsis Fair Society, Healthy Lives by : Michael Marmot

Download or read book Fair Society, Healthy Lives written by Michael Marmot and published by Olschki. This book was released on 2013 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The 2030 Spike

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Publisher : Routledge
ISBN 13 : 1136555110
Total Pages : 256 pages
Book Rating : 4.1/5 (365 download)

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Book Synopsis The 2030 Spike by : Colin Mason

Download or read book The 2030 Spike written by Colin Mason and published by Routledge. This book was released on 2013-06-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: The clock is relentlessly ticking! Our world teeters on a knife-edge between a peaceful and prosperous future for all, and a dark winter of death and destruction that threatens to smother the light of civilization. Within 30 years, in the 2030 decade, six powerful 'drivers' will converge with unprecedented force in a statistical spike that could tear humanity apart and plunge the world into a new Dark Age. Depleted fuel supplies, massive population growth, poverty, global climate change, famine, growing water shortages and international lawlessness are on a crash course with potentially catastrophic consequences. In the face of both doomsaying and denial over the state of our world, Colin Mason cuts through the rhetoric and reams of conflicting data to muster the evidence to illustrate a broad picture of the world as it is, and our possible futures. Ultimately his message is clear; we must act decisively, collectively and immediately to alter the trajectory of humanity away from catastrophe. Offering over 100 priorities for immediate action, The 2030 Spike serves as a guidebook for humanity through the treacherous minefields and wastelands ahead to a bright, peaceful and prosperous future in which all humans have the opportunity to thrive and build a better civilization. This book is powerful and essential reading for all people concerned with the future of humanity and planet earth.

São Paulo

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Publisher : UN-HABITAT
ISBN 13 : 9211322146
Total Pages : 178 pages
Book Rating : 4.2/5 (113 download)

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Book Synopsis São Paulo by :

Download or read book São Paulo written by and published by UN-HABITAT. This book was released on 2010 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Data prepared by the Sao Paulo-based Fundacao Sistema Estadual de Analise de Dados (SEADE) in collaboration with UN-HABITAT"--T.p. verso.

Shock Waves

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Publisher : World Bank Publications
ISBN 13 : 1464806748
Total Pages : 227 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Shock Waves by : Stephane Hallegatte

Download or read book Shock Waves written by Stephane Hallegatte and published by World Bank Publications. This book was released on 2015-11-23 with total page 227 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ending poverty and stabilizing climate change will be two unprecedented global achievements and two major steps toward sustainable development. But the two objectives cannot be considered in isolation: they need to be jointly tackled through an integrated strategy. This report brings together those two objectives and explores how they can more easily be achieved if considered together. It examines the potential impact of climate change and climate policies on poverty reduction. It also provides guidance on how to create a “win-win†? situation so that climate change policies contribute to poverty reduction and poverty-reduction policies contribute to climate change mitigation and resilience building. The key finding of the report is that climate change represents a significant obstacle to the sustained eradication of poverty, but future impacts on poverty are determined by policy choices: rapid, inclusive, and climate-informed development can prevent most short-term impacts whereas immediate pro-poor, emissions-reduction policies can drastically limit long-term ones.

The Fissured Workplace

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Publisher : Harvard University Press
ISBN 13 : 067472612X
Total Pages : 421 pages
Book Rating : 4.6/5 (747 download)

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Book Synopsis The Fissured Workplace by : David Weil

Download or read book The Fissured Workplace written by David Weil and published by Harvard University Press. This book was released on 2014-02-17 with total page 421 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the twentieth century, large companies employing many workers formed the bedrock of the U.S. economy. Today, on the list of big business's priorities, sustaining the employer-worker relationship ranks far below building a devoted customer base and delivering value to investors. As David Weil's groundbreaking analysis shows, large corporations have shed their role as direct employers of the people responsible for their products, in favor of outsourcing work to small companies that compete fiercely with one another. The result has been declining wages, eroding benefits, inadequate health and safety protections, and ever-widening income inequality. From the perspectives of CEOs and investors, fissuring--splitting off functions that were once managed internally--has been phenomenally successful. Despite giving up direct control to subcontractors and franchises, these large companies have figured out how to maintain the quality of brand-name products and services, without the cost of maintaining an expensive workforce. But from the perspective of workers, this strategy has meant stagnation in wages and benefits and a lower standard of living. Weil proposes ways to modernize regulatory policies so that employers can meet their obligations to workers while allowing companies to keep the beneficial aspects of this business strategy.