Wednesday, August 13, 2008

CATO Institute on Minimum Wage

William A. Niskanen, chairman:

"The increase in the federal minimum wage by 70 cents per hour to $6.55 effective today is only the latest example of making economic policy by wishful thinking or hypocrisy. Most of the costs of a higher minimum wage will be borne by the least skilled members of the labor force, most of which are young and many are minorities. This increase will reduce the employment of the least skilled and restrict their employment opportunities to jobs with low non-wage compensation (such as health insurance) and the least desirable hours and working conditions. Most of the beneficiaries of this increase are likely to be secondary workers in non-poor families.
These effects are documented by decades of careful empirical research.
One obvious question is raised by such policies: If this is such a good idea, why not set the minimum wage at $10.00 per hour or more?"

It is good to know why my work is not worth much. TMM

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In this my personal Christian blog, I hope to be discursive and now and then critical. What I write here is tentative and tensive. I post thoughts, feelings, and observations somewhat randomly and often in immediate response to current events and posts on other blogs.

"Serendipitous Creativity" from Gordon Kaufman

"I suggested that what we today should regard as God is the ongoing creativity in the universe - the bringing (or coming) into being of what is genuinely new, something transformative; …

"In some respects and some degrees this creativity is apparently happening continuously, in and through the processes or activities or events around us and within us(…) is a profound mystery to us humans(…) But on the whole, as we look back on the long and often painful developments that slowly brought human life and our complex human worlds into being, we cannot but regard this creativity as serendipitous …

"I want to stress that this serendipitous creativity - God! - to which we should be responsive is not the private possession of any of the many particular religious faiths or systems …

"This profound mystery of creativity is manifest in and through the overall human bio-historical evolution and development everywhere on the planet; and it continues to show itself throughout the entire human project, no matter what may be the particular religious and or cultural beliefs."

Gordon Kaufman, Mennonite Life, December 2005 vol. 60 no. 4

Melville is a rational man who

"Melville is a rational man who wants God to exist. He wants Him to exist for the same reasons we all do: to be our rescuer and appreciator, to act as a confidant in our moments of crisis and to give us reassurance that, over the horizon of our deaths, we will survive." (John Updike)

And that is a problem for me.

Fragmented Notions

Fragmented Notions
Copyright © 2007 Jean and Alexander Heard Library, Vanderbilt University

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