Showing posts with label Employment. Show all posts
Showing posts with label Employment. Show all posts

Thursday, 24 August 2017

Insane Economics? Nomen est Omen?

Fullest employment potential reached with more immigration? How does that work Mr. Insana? So by inviting millions you boost 'growth', but per capital income is what counts!
Ron Insana: Tax reform is a great idea, but tax cuts just might be a waste of money

Tuesday, 13 June 2017

Growing Employer Abuse of the Non-Compete Clause

These clauses are just a tool to prevent competition, are not only hurting the workers concerned but as a consequence also the consumers. In addition they build a moat that allows the 1% to prosper at the expense of the many. Blanket abolishment is the only solution to this abuse of power.
Growing Employer Abuse of the Non-Compete Clause

Monday, 5 June 2017

Universal Basic Income - logical mistake

If one makes the extreme assumption that all work will be done by machines, - who is going to be able to buy their services? So there is something missing in all the talk of automation taking over all the work.
niversal Basic Income Is Neither Universal Nor Basic - Bloomberg

Saturday, 6 May 2017

Ban Non-Compete Clauses

Non-compete clauses are a tool that should not have a place in a free-market society. It may help the company/employer but restricts competition. The more suppliers there are for any given product the better for the majority, i.e. the consumers. Why are unions not taking a clear stand on this issue?
noncompete-agreements

Thursday, 22 January 2015

Childcare Subsidy no panacea for Job Creation

We may not have the intellectual firepower of Christopher Pissarides (being neither a 'enobled', a Nobel Laureate or professor on the LSE) but that may be an advantage. He argues that paying subsidies for childcare would create jobs - one for the mother (usually) who can now enter the job market and one for the childcare worker. What this simplistic argument forgets is that another solution to the employment problem (if you accept there is one) is that the childcare worker could just take another job while the mother stays at home. Net result is the same, unless you assume that more than one child would be looked after by the childcare 'industry'. It is up to you to decide which child is better looked after. That - and the question who pays the subsidies, and at what level - is another question.