Subject:
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Re: Ldraw cannon
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Sun, 6 Dec 1998 18:35:52 GMT
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Viewed:
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1562 times
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Larry Pieniazek wrote
> Performing a task has an economic value. That value is what getting the
> task done is WORTH. Determining that value by analysis is tricky, but
> factors that contribute include what the impact of not doing the task at
> all would be with no process change, and what it would cost to change
> process to avoid the need for the task, and what it would cost to
> automate the task (just another sort of process change).
> In deciding how to get a task performed, given its worth, an employer
> can either get an existing employee to do it or hire a new one. Hiring
> has a cost as well, and there are ongoing incremental costs associated
> with one more employee, both reasonable (benefits, and uniforms and
> suchlike) and unreasonable (the Social Security ponzi scheme, for
> example), that must be borne.
One minor point Larry: this presumes that the employer will pay what
the job is worth, rather that the minimum required to attract staff.
I would object to that practice were I a shareholder.
The minimum wage is similar - there is no practical incentive for an
employer to pay workers enough to survive, let alone live well. All
the employer has to do is provide enough to attract suitably subsidised
workers. Like you as a child, or homeless people, or petty criminals.
The British have been through this, and I'm sure you've read enough
Dickens to know that it's not a lot of fun being there.
Moz
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Message is in Reply To:
 | | Re: Ldraw cannon
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| <366A0E48.901D7C85@c...OSPAM.com> <F3J7pC.EGt@lugnet.com> Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit (...) OK, briefly. This is purely an economic analysis. Anyone who wishes to prattle about how people have rights (...) (25 years ago, 6-Dec-98, to lugnet.off-topic.debate)
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