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Minimum Wage & Economics: An Essay
Unavailable
Minimum Wage & Economics: An Essay
Unavailable
Minimum Wage & Economics: An Essay
Ebook15 pages11 minutes

Minimum Wage & Economics: An Essay

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Some comments on economics and its effects upon society precede a suggestion for dealing with the topic of minimum wage. I suggest that the state guarantee minimum wage without imposing it upon businesses. This most likely would guarantee full employment. Full employment should cover the cost of the subsidy. Moreover, unemployment creates social problems that cost society both directly and indirectly. The state sets the base wage and business offers whatever it wishes for low income positions. High income jobs require no subsidy and the high income earner will deal with the employer directly.

LanguageEnglish
Release dateDec 27, 2013
ISBN9781311489173
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Minimum Wage & Economics: An Essay
Author

Edward E. Rochon

I write for my health and the health of the world. Often the cure rivals the disease in grief and aches. My writing career started at twelve when I attempted to write a sequel to Huckleberry Finn but never finished it. My writings have included poetry, plays, a novel, non-fiction and writing newsletters for here and there. Recently, I am dabbling into short stories. Apart from newsletters, nothing has been published in print. I bought an audio recording of one of my poems but threw it away in disgust due to an inappropriate reading by the narrator. 'Contra Pantheism...' was my first eBook. About a hundred eBooks have been published since including some books of verse, and my essays collected into five volumes, and one volume of collected poems. A few other types of literature are on my list of published works. My essays deal with fundamental questions of philosophy as well as natural philosophy (science.) On the whole, my works are as far above the writings of Plato and Aristotle as the material power of the United States is over that of Ancient Greece. I once asked myself if I had ever written anything memorable, but couldn't remember exactly what I had written. I started to check my manuscripts but stopped as it seemed the answer to the question was obvious. Gore Vidal mentioned in one of his memoirs that writers tend to forget what they write and are a bad source to ask about their works. Gore knew a lot of writers. I have not and may have been a bit hard on myself. Apart from self-improvement and maybe making a few bucks, my main goal is to bring about a golden age for mankind. Being a man, this sounds appealing. It is pointless to desist and all small measures are worth the effort. Albert Camus thought suicide the only serious philosophical question. He was a fool and died young. Suicide is a waste of time. The most important functional question is: How do I get what I want? The one question that trumps this is the ultimate question of intent: What should I want? As Goethe pointed out: Be careful what you wish for in your youth, you might get it in middle age.

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