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- Written by: Rod Boyle
- Category: Link of the day
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A well written and well informed article on the effects of a living minimum wage, as applied in Australia.
In the hospitality industry - front of house wages are largely subsidized by tips, and I for one prefer that model to others - it gives the customer a leeway and ability to contribute to the situation and keeps servers/bartenders actively interested in the quality of service. But for back of house positions, fast food, retail, this makes a lot of sense. And I remember so many customers at the old restaurant would argue against it.
I especially like the quote:
The principle that employees must be paid a "living wage" dates back to a 1907 decision of the Commonwealth Court of Conciliation and Arbitration, which stated that if an employer was unable to pay a living wage, it was not entitled to operate a business. A living wage was defined in the decision as being sufficient to permit an unskilled worker, a dependent spouse and three dependent children to live in "frugal comfort."
It makes sense. But in Alberta, wow, what a moral panic...
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- Written by: Rod Boyle
- Category: Link of the day
- Hits: 900
Many of his points translate well to Canada. Only while in Canada we don't have healthcare costs (not overwhelming, anyways), we do have a much greater cost for real estate. Everywhere. A good read that articulates many of the broken points in our current economy.
Link: http://highline.huffingtonpost.com/articles/en/poor-millennials/?mobile=1
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- Written by: Rod Boyle
- Category: Link of the day
- Hits: 854
Having relied on this for a few years I was a little annoyed to see that someone else wrote the article I should have been working on. Well, not the same, completely different in fact, and much, much better.
Link: https://longreads.com/2017/12/13/the-human-cost-of-the-ghost-economy/
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- Written by: Rod Boyle
- Category: Link of the day
- Hits: 962
His reach is long and his wrath is fatal. And wonder why the US would rule this an accident? Look to it's leader.
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- Written by: Rod Boyle
- Category: Link of the day
- Hits: 966
OK, they're not exactly math puzzles, but demonstrate different styles of reasoning, with the associated personality traits.
Here are the questions:
1. A bat and a ball cost $1.10 in total. The bat costs $1.00 more than the ball. How much does the ball cost? ____cents
2. If it takes 5 machines 5 minutes to make 5 widgets, how long would it take 100 machines to make 100 widgets? _____minutes
3. In a lake, there is a patch of lily pads. Every day, the patch doubles in size. If it takes 48 days for the patch to cover the entire lake, how long would it take for the patch to cover half of the lake? _____days
Write down your answers before clicking through the read-more to the answers.