whatever. I happen to think that a minimum wage moves the production possibilities curve to the right and thereby expands the local economy, which benefits me. A year or two into the process, the numbersfrom Santa Fe seem to support this. However, please feel free to believe in theory X if it makes you feel satisfied with yourself ;)
We'll have some statistics from Albuquerque shortly. On 8/20/06, Gruss Gott <[EMAIL PROTECTED]> wrote: > > RoMunn wrote: > > I would go beyond the idea of capitalism and suggest Ms Rand's > > philosophy of objectivism posits that the way of freedom and > > independence is through enlightened self-interest. > > Yeah, that's kind of the cerebral version, but I'd like to think I'm > agreeing with her in this way (relevant to posts on this list): rather > than a minimum wage, we need workers that are "enlightened" or > educated about the marketplace. > > That would enable them to make conscious informed decisions about > their lifestyle tradeoff. For example, should they stay in rural > Idaho, or should they move to a city to pursue a higher wage? If they > like to work with their hands can they have a better future as a > machinist or as an electrician? > > The core philosophy here being is it better to give a man a minimum > wage or teach him to earn a living wage for life? i.e., does their > 'enlightened self-interest' save them from being dependant on a > government imposed wage floor? > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Introducing the Fusion Authority Quarterly Update. 80 pages of hard-hitting, up-to-date ColdFusion information by your peers, delivered to your door four times a year. http://www.fusionauthority.com/quarterly Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:213671 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
