Economics Of America s Minimum Wage - 956 Words

Six years after the end of the 2008 recession, the pay for American workers remains at the same rate as when the recession began. Low wage jobs have dominated the job growth associated with the post-recession recovery. The federal minimum wage of $7.25 per hour remains decades out of date. â€Å"The federal minimum wage has lost more than 30% of its value and would be more than $10.59 per hour today if it had kept pace with the cost of living over the past forty years†. (â€Å"Fair Minimum Wage Act of 2013, 2013). In November 2013, New Jersey became the 20th state to establish a minimum wage higher than the federal wage raising the hourly rate to $8.25 from its previous amount of $7.25. According to a poll taken by the Pew Research Center, Americans are in favor of increasing the minimum wage by a wide margin (71% to 26%). (The Complex Economics of America’s Minimum Wage, 2013). The statics prove that there was a large margin in regards to the results, but was there any logical thought process put into that vote? Or did Americans just hear ‘pay increase’ and jump the gun? We all want to help others. It’s part of our human nature. So why not raise the minimum wage and help these people living on the poverty line to provide a little extra for their family? It sounds like the right thing to do. But is it really helping? The ethical, legal and political standpoints on the minimum wage increase are complicated at best. Throughout this paper you will be informed on both sides of theShow MoreRelatedIncrease Of Minimum Wage Increases Economic Woes1129 Words   |  5 PagesIncrease of Minimum Wage Decreases Economic Woes An issue that has been debating throughout centuries is whether or not America should increase the minimum wage. This is an issue that has been arising to be relevant to pboeople all over the nation. Researches have provided logical facts and statistics on how increasing the minimum wage would be the solution to America’s debt. Increasing the minimum wage has also been successful in several countries including Germany. Studies have shown that decreasingRead MoreAmerica Should Increase The Minimum Wage1117 Words   |  5 Pageswhether or not America should increase the minimum wage. This is an issue that has been arising to be relevant to people all over the nation. Researches have provided logical facts and statistics on how increasing the minimum wage would be the solution to America’s debt. Increasing the minimum wage has also been successful in several countries including Germany. Studies have shown that decreasing the minimum wage is unlikely to solve any economic woes. While when we increase the minimum wage it benefitsRead MorePersuasive Essay Outline :Minimum Wage964 Words   |  4 Pages Persuasive Essay Outline :Minimum Wage 1 Intro - I want you to think about your very first job .Were you a Bellhop ,cashier ,bartender ,cooks(fast food ),lifeguard, .Now how about your second job were you a airport worker or child care worker.About how much were youRead MoreFederal Minimum Wage Should Be Increased1180 Words   |  5 Pagesto come to conclusions that the federal minimum wage is excessively low. The government can stand to help people gain more money, resulting in a less poverty-stricken country. The cost of living or gaining has increased significantly over the past twenty years, and the minimum wage, for most isn t enough for them to support themselves. There have been efforts to increase the federal minimum wage, but none has succeeded in getting approved. Minimum wages are too low for a human, to provide forRead MoreThe Case For A Higher Minimum Wage1659 Words   |  7 PagesHigher Minimum Wage In 1938, the Federal Government established a minimum wage through the Fair Labor Standards Act, during the Great Depression. Its stated purpose was to keep American workers out of poverty and increase consumer purchasing power to help stimulate the economy. President Franklin Roosevelt, understood that the minimum wage should be a living wage, he stated â€Å"by living wages, I mean more than a bare subsistence level — I mean the wages of a decent living.† Today, the Minimum wage is criticalRead MoreEssay on Minimum Wage is The Bare Minimum1018 Words   |  5 PagesMinimum Wage: The Bare Minimum They work hard every day; they stock our store shelves, wash dishes at our restaurants, clean our offices at night, care for our kids during the day...They have in common the minimum wage. And they need a raise, and as you saw, they deserve a raise (Clinton). President Clinton made this speech on the south lawn of the White House at 10:30 a.m. on the 8th of March 2000. He argued for the minimum wage hike to go into effect. He argued for the populationRead MoreThe Issue Of Income Inequality And Minimum Wage1179 Words   |  5 Pageswhile the economic situation in the United States is much better than that of China or India, money, or the lack thereof, is one of the biggest issues plaguing the Unites States of America. One of the key issues that have risen in recent times on the media is the widening wage gap between the rich and the poor, and the debate on whether or not an increase in minimum wage could solve the problem. While the whole nation would like to solve the issue of i ncome inequality and minimum wage, the focusRead MoreMinimum Wage Regulations Strike At The Very Heart Of The Free Enterprise System1526 Words   |  7 Pagesprice control, minimum wage legislations strike at the very heart of the free enterprise system. The father of economics, Adam Smith explained in his masterpiece, â€Å"The Wealth of Nations†, that â€Å"the price system is the communication mechanism that coordinates, motivates, and harmonizes the actions of consumers and entrepreneurs†. His renown metaphor and philosophy of the â€Å"Invisible Hand† captured the idea that free-market pricing system molds individual self interest into extensive economic bettermentRead MoreThe Minimum Wage Act Of 20071607 Words   |  7 Pages Introduction In 1938, the first national minimum wage laws in the United States were passed as part of the Fair Labor Standards Act, which served as â€Å"a floor below wages,† to reduce poverty and to ensure that economic growth is shared across the workforce. Today, many people who work for companies that pay at or near the minimum wage and remain near or below the poverty level rely on government health and food security and income programs to supplementRead MoreDispute over Minimun Wage1281 Words   |  6 Pagesgovernment of our age has broken their social contract. Minimum wage is a disputatious issue because it is contested in an array and discriminatory audience. Minimum wage I believe is the epicenter of the economist’s sphere of interest as he in constantly in hot pursuit in finding its relationship with job loss. President Bill Clinton’s administration proposed in 1993 that it had intentions to have an increase in the minimum wage in America. The liberals applauded the step in good faith whilst their

My Unhealthy Habit Of Smoking Cigarettes - 940 Words

For my lifestyle wellness project I chose to change my unhealthy habit of smoking cigarettes. My measurable objective is that I m going to limit myself to three cigarettes a day over the next several weeks. I have chosen this as my measurable objective because I feel that I will be more successful in achieving my goal of quitting smoking if I gradually cut back instead of quitting cold turkey. I m going to ask my family for support in helping me achieve my goal by not leaving cigarette packs around the house and backyard. I am also going to enlist the support and motivation of my boyfriend To measure my progress over time I will keep a journal or diary. This journal will include things like my triggers, how I feel, and what kind of progress I am making. I started changing my behavior of smoking cigarettes on Wednesday, March 4, 2015. Overall, the whole process of choosing a measurable objective, developing a behavior change program, and implementing the program was a complete su ccess. I feel that I have achieved my goal of limiting myself to only three cigarettes a day. I also feel that I have more energy and I am much healthier than what I was smoking six to ten cigarettes a day. I wouldn t say that I experienced any failures while changing my behavior however, I did experience a couple barriers in the beginning that could have potentially held me back from achieving my goal. When I first started implementing my action plan program it was very difficult for me toShow MoreRelatedTobacco Is The Primary Source Of Unnecessary Sickness And Death930 Words   |  4 Pagesindividual problem however, it also has the ability to affect societal issues. Addictions of any form can impact, an individual’s life, and loved ones. This addiction has the ability to having lasting impacts in a person’s health. Research shows smoking long term use can develop lung cancer, heart disease. Many times the addict has the choice to partake in using the drug, but u sing the drug extended period of time it begins to alter the mental functions producing the choice of using the drug outRead MoreThe Dangers Of Smoking And Smoking861 Words   |  4 Pagescreatures of habit. Whether it is realized or not, everyone has habits. Some habits are healthy: going to the gym, a morning run, and falling asleep at the same time every night, are all examples of healthy habits. Conversely, some individuals make choices that turn into habits, which are unhealthy. In the eyes of society, smoking is one of the worst habits a person can have. Through the analysis of smokers’ routines, it may be possible to find ways to help them curb their unhealthy practices. Read More Smoking Essay example605 Words   |  3 PagesSmoking Introduction Some governments have banned smoking in all public places. Smoking has been proven to be very dangerous to health. Nonetheless 40 % of the population smokes. Actually I am a non smoker, although I used to be a smoker. Most people try out smoking when they are young ; many youths think smoking is a good grown-up habit. Furthermore many young people begin smoking as an act of rebellion and independence. Young smokers start smoking at their age of 12 or 13 just to get aRead MoreMy Ad For An Anti Smoking Campaign894 Words   |  4 PagesMy ad for an anti smoking campaign shows a picture of a baby smoking a cigarette as half the baby s face is decaying. To the right of this image there is text that states, I smoke second hand. Right below that in smaller text is a warning that reads, Warning: may kill your baby. After closely analyzing this image I found that the argument for this advertisement is: Smoking not only effects you but the people around you too. This ad is very effective due the fact that the distinctive featureRead MoreThe Addiction Of Cigarettes And Teen Smoking894 Words   |  4 PagesMy presenting problem is my addiction to cigarettes. I was 13 years old the first time I smoked a cig arette. My addiction began due to peer pressure. Smoking was my way of building social relationships. However, soon I was smoking more or an equal amount of cigarettes than my friends. Since the age of 19, I have been smoking twenty cigarettes a day, which is a pack of cigarettes daily. My addiction to cigarettes is a problem because it is affecting my health. I become fatigued due to smoking. WhenRead MoreThe Dangers of Cigarette Smoking1040 Words   |  5 PagesCigarette smoking is a dangerous habit that most users regret starting on. Nowadays, smoking can cause health problems for any human. Whether or not cigarette smoking should be banned completely, has become an object of controversy in many countries. Some people think that smoking cigarettes are a helpful way to reduce stress for the moment. In my point of view, tobacco smoking has seriously negative effects such as smoking-related cardiovascular diseases, respiratory diseases, cancer and it costsRead MoreThe Smoking Of Ci garette Smoking855 Words   |  4 Pagesthings that a mother has to pass down to her unborn child. Unfortunately, this also means the bad, unhealthy choices that a mother bestows on her child as well. What a mother ingests is what her growing fetus ingests through her umbilical cord; the life line from the mother to the precious innocent life she holds so dear. The goal of this paper is to give some insight on the use of cigarette smoking in pregnancy. Let’s begin with a short history of what was previously called Nicotiana. Today it isRead MoreSmoking Is Bad for Health985 Words   |  4 PagesWhy get addicted? The nicotine which is found in cigarettes is amazingly addictive. Cigarette smoking is the greatest single cause of illness and premature death in the UK. . A 2007 report states that about 4.9 million people worldwide each year die sadly, as a result of smoking. Cigarette smoking is the major cause of lung cancer. Tobacco smoking is the most popular practice by over one billion people in the majority of all human societies. About 30,000 people in the UK die from lung cancer eachRead MoreShould Smoking Be Banned?845 Words   |  4 PagesThe smoking population in London stands around 1.2 million and with such a significant percentage of this city with the habit, it is unsurprising the ban has caused such wide controversy. Without hesitation, I add my voice to the chorus of non-smokers who think this ban goes too far. However, I am not saying that smoking is in any way good as I am extremely aware of the gruesome health risks and unattractive photos of black lungs and lopsided livers that litter the media. I just ask of you Britain;Read MoreSmoking Is A Well Known Habit1354 Words   |  6 PagesSmoking is a well known habit. Many people smoke despite its obvious and widely advertised deleterious effects on health. Smoking is not only bad for the immediate users, but also the people surrounding them. It is an addiction that can effect others without their consent. Not only is it unhealthy physically but also a very expensive habit. It costs millions a year, and that is just to buy enough cigarettes to satisfy your addiction, not counting the cost of medical care needed, renovations of homes

Future Of Feminism Evolutionary Economics - MyAssignmenthelp.com

Question: Discuss about the Future Of Feminism Evolutionary Economics. Answer: Introduction: The Chronicle of Higher Education published back in the year 1993, triggered the feminism in economics at first place and since then it has been almost two decades, when debates stared to redefine around the introduction of feminism in economics (Nelson, 1995). One of the key objectives of the feminist economists is to submerge the andocentric biases rather than gaining economic preference over the male dominated world. On the other hand, evolutionary economics is one of the mainstream economic studies that focus on the growth of economy through evolutionary methodology (winter, 2014). This essay is aimed to discuss whether the evolutionary economics is regarded as the feminist approach by the feminist economists from the economic perspective or not on the ground of three varieties of feminist economics. Illustration: There is a common believe from the accounting perspective that, gender is subjected to the stereotyping on the economic job market, when it comes to women rather than academic performance, physical appearance and personal information is highly focused (Wu, 2017). Determining between the human psychology and economy is hard, however, earlier it has been stated by the various theses like Guardian Ethic and the Trade Ethic, child raising, hospitality service are the main service of the women. However, according to the House workers Handbook published in 1969, it has been stated that, though the women stay at home, they provide significantly to the GDP of the country by reproducing the means of production, which is labour (Ayalon Roziner, 2016). When it comes to the evolutionary economics, it is another mainstream economics that has been originated during the beginning of the 21st century, which explains the economy according to the theory of evolution. Evolutionary economics does not c onsider the equilibrium of the economy; rather it focuses on its transformation (Gintis, 2017). Discussion: Feminism and the evolutionary economies are the two different schools of economic thoughts, however both of them has been germinated during the beginning of the 21st century (Borrill Tesfatsion, 2011). Evolutionary economy focuses on the growth, competition, structural change and the resource constraint over the time, however when it comes to the feminism economies, then there are three varieties which are namely women economists, women in the economy and the gender values and economics (Nelson, 1995). Women economists: According to the general idea of feminism, men and women should have equality in all the treatment, respect, opportunities, social rights and belief and there should be no barriers in opportunities in depending upon the gender bias. Women economists argue that male centric society is the main or essential wellspring of mistreatment of women (Brenner, 2014). Moreover, women economic scholar affirms that there is a common believe that women cannot be free due to their monetary dependence on people in the social arena. Owing to uneven adjustment in the society, women are liable to the male rulers and from the accounting perspective of the feminist economy, women are absent from the national accounting system. Freedom of women are contained by the gender biasness in the economy and accounting perspective of feminism argue that freedom must be achieved through attempting to eradicate both the social and financial wellsprings of womens persecution (Taylor, 2016). Evolutionary economists consider the women economists view that has been originated during the Marxs idea of socialist economy; however, the feminism does not consider the Marxist theory of evolution. Women in the economy: According to the economic analysis to feminist issues, they strive for the equality without sexual biasness in legal, political and economical aspect of the society (Lindsey, 2015). Liberal feminism argues that the equality of women can only be achieved through the reform in the society and this has been supported by the evolutionary economy. Both school of economic though believes that if there is requirement of growth in the society, then it has to be augmented by the means of social reform. Accounting perspective of the feminism argue that change in society can lead to higher productivity, rise in aggregate demand and generation of more job opportunities that will inherently crowd out the disparity between the male and female of the society (Epure, 2014). Moreover, it has also been noted that, if high profile female economists are attached with the field of operation, then it gains higher amount of attention, which may be the possible outcome of gender biasness and the human psych ology. Thus, feminism does consider the evolutionary economics as the accounting perspective of feminism argue that growth of society can be enhanced by inclusion of women into the accounting system of the society (Rottenberg, 2014). Gender values and economics: Feminism and modern economics argues in favour of compete restructuring of the society and elimination of the gender from the society. According to the feminist theorizing about sexism and science, both men and women should have equal right from the accounting perspective, irrespective of the difference in sex (Nelson, 1995). Prevalent ideas as women are subject to reproduce the means of production and nursing the elderly people must be eradicated from the society (Mackay, 2015). Feminist economist argue that women should waved off from giving birth to the child, which will effectively give them free hand to work as much as the men and it will bring in the women into the accounting of the nation. This will bring in parity between men and women leading to better growth of society. However, both the evolutionary and feminist school of thought aligns with each other but the argument is vogue and this does not hold any ground (Wu, 2017). Conclusion: Above discussion clearly shows that the evolutionary economics largely align with the thoughts of the feminism. Both of the thoughts have been generated during the 21st century and both have some argument, when it comes to the growth of an economy. From the accounting perspective, elimination of the gender biasness will bring in the women into the accounting system of the nation. Thus, the feminist economists can certainly grant evolutionary economy as the feminist approach. Reference: Borrill, P. L., Tesfatsion, L. (2011). 11 Agent-based modeling: the right mathematics for the social sciences?.The Elgar companion to recent economic methodology,228. Brenner, J. (2014). 21st century Socialist-feminism.Socialist Studies/tudes Socialistes,10(1). Epure, M. (2014). Critically assess: the relative merits of liberal, socialist and radical feminism.Journal of Research in Gender Studies,4(2), 514. Gintis, H. (2017).A framework for the unification of the behavioral sciences. United Sates of America: Cambridge University Press. Retrieved from https://www.umass.edu/preferen/gintis/Unity-BBS%20Print%20Version.pdf Mackay, F. (2015).Radical feminism: Feminist activism in movement. Springer. Nelson, J. A. (1995). Feminism and economics.The Journal of Economic Perspectives,9(2), 131-148. Rottenberg, C. (2014). The rise of neoliberal feminism.Cultural studies,28(3), 418-437. Taylor, B. (2016). 19 Socialist Feminism: Utopian or Scientific?.People's History and Socialist Theory (Routledge Revivals), 158. Winter, S. G. (2014). The future of evolutionary economics: can we break out of the beachhead?.Journal of Institutional Economics,10(4), 613-644. Wu, A. H. (2017). Gender stereotyping in academia: Evidence from economics job market rumors forum. Ayalon, L., Roziner, I. (2016). Satisfaction with the relationship from the perspectives of family caregivers, older adults and their home care workers.Aging mental health,20(1), 56-64. Lindsey, L. L. (2015).Gender roles: A sociological perspective. Routledge.

Organizational Structure free essay sample

Case Study 02 – BoldFlash: Cross-Functional Challenges in the Mobile Division Introduction: In this case study Roger Cahill has been acting as the head of mobile division for less than a year. Currently he is struggling as he faces great difficulties adapting BoldFlash to a changing marketplace. The problem really started a year ago when Mr. Jim Harrison appointed the young Roger Cahill to a VP position. Although Roger has led a research project in his previous work, he is only 24 years old and inexperienced to manage a company at VP level.Positions at those levels require years of strategic leadership and management skills. Nevertheless in the last 12 months, the company focused primarily on the redundant production of customized chips without further research or product development in new and upcoming areas like the storage device. This negligence from both product development and marketing is a huge loss to the company as they missed out on the opportunity to launch new product line; therefore missed the opportunity to penetrate the potential market. We will write a custom essay sample on Organizational Structure or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Now the company has old products not priced competitively and struggling to penetrate the marketshare. Also the four groups within the division, product development, marketing, sales and manufacturing are constantly in conflict and don’t have the reinforcement from the leadership to work as a team. Although Cahill has observed the dysfunctions, he has not implemented any processes or trainings to work as a cross functional team. The company’s profit margins are low and Cahill has to take initiatives to suggest number of changes.With the staff that has low morale and lacking motivation, Cahill has to develop action plan for improvement. He has to define roles and propose organization change design to deliver an outcome necessary to be successful and generate higher profits. 1. What are the main problems that the Mobile division is experiencing? The company is experiencing various problems that need to be addressed immediately. First they missed the opportunity to develop a new product and therefore lost the opportunity to penetrate the market.Poor leadership style and negligence in the marketing areas, profits margins are lower than previous year. The four groups of staff are constantly in conflict and are not able to collaboratively work as a tem and lack crossfunctional tem efforts. Therefore staff has low morale and lack motivation. 2. How do the conflicting performance metrics of each group contribute to the problem? 3. What is it about the current organization design and product development process that fosters the problem of coordination we in the case? 4.