There is a lot of debate over the minimum wage. An internet search of the topic will return with almost unanimous condemnation of it. It is blamed for unreasonably pushing wages too high and causing unemployment. It is decried as a major cause of economic problems rather than the solution. However, these arguments are based upon over simplified ideas and graphs. Now, most of them look nice and are easy to understand, but they should be judged on how well they describe the real world. The simple fact is they don’t really. The main argument is that if a workers marginal productivity is 5 euro, they cannot be paid 6 euro. Now this presumes that the boss knows what the … Continue reading “The Advantage Of The Minimum Wage”
Tag: Politics
Religion As A Cause Of War
I would argue that a major cause of most (but not all) wars is religion. Religion divides people into separate groups and tells them that they are incompatible with each other. It provides justification for the killing of others and the promise of reward for martyrs. There are numerous examples of religious wars. Some of the main ones include the Crusades, Yugoslavia, Iraq, Afghanistan, The War On Terror, The Thirty Year War, Northern Ireland and the numerous religious wars of England and France (which culminated in the Saint Bartholomew Day Massacre). A frequent justification for the British, French, Spanish, Portuguese etc, (which led to horrendous massacres) empires was so that the natives could be converted to Christianity. Religions claim they … Continue reading “Religion As A Cause Of War”