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Since the 1st of April 1999 all workers in the United Kingdom have been subject to the National Minimum Wage Act; this act of parliament set a national minimum sum that employers in the united kingdom have to pay their workers; it's also the minimum sum that workers in the united kingdom are permitted to tender their solutions to get. Workers can, obviously, bring in more than the UK minimum, but never less. The introduction of the National Minimum Wage Act was intended to shield UK workers from......Read More
Why Raising the Minimum Wage is Good for the Economy.President Obama reiterated his call for increasing the federal minimum wage in his speech on the economy last week. "Because no one that works full-time in America should have to live in poverty, I'll keep making the case that we will need to raise a minimum wage which in real terms is lower than it was when Ronald Reagan took office," he explained. Increasing numbers of lawmakers and worker advocates agree, calling for increasing the......Read More
In 1928 the cost of one postage was one cent, the labor for a vehicle tune-up was one dollar, along with labor cost to overhaul the engine and transmission was about $25. These facts strengthen the case for the dollar debasement that Austrian School economists have been creating for decades. Currency debasement is a consequence of monetary inflation. The Universal Law of Cause and Effect countries which each and every Effect has a Cause, also that each and every Cause or Action has a Effect. As......Read More
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