Econ 101: The case for an 18-to-24 hour workweek, both parents working
Whether caused by labor-saving technology, mass immigration, or trade with low-wage goliaths like China, the result is the same: an oversupply of low-skilled labor in relation to demand, leading to lower wages for ordinary Americans.
The last time we faced a similar crisis, in the late 19th century, we legislated the 8 hour day and 40 hour week. I suggest we do something similar today. Indeed, it may be an essential part of any real solution: the only way ordinary workers can benefit from labor-saving technological advances.
I do not pretend that a shorter work week will solve the problems caused by mass immigration (which must simbly stop, it hurts the sending countries) or by free trade in the new global economy. The latter requires the cooperation of our European allies: an end to overseas tax havens, secret bank accounts, and shell corporations, paving the way for a graduated consumption tax and universal wage subidies. In that context only does free trade make sense.
- The meaning of the word 'confidence' seems obvious. But it's not the same as self-esteem.
- Confidence isn't just a feeling on your inside. It comes from taking action in the world.
- Join Big Think Edge today and learn how to achieve more confidence when and where it really matters.
If you're lacking confidence and feel like you could benefit from an ego boost, try writing your life story.
In truth, so much of what happens to us in life is random – we are pawns at the mercy of Lady Luck. To take ownership of our experiences and exert a feeling of control over our future, we tell stories about ourselves that weave meaning and continuity into our personal identity.
This gives credence to the 5–2 diet, which has recently gained in popularity thanks to a large celebrity following.
Chances are you're probably thinking about food right now in some capacity. Maybe it's close to dinner and you're wondering what you are going to eat. Maybe you had a really good lunch and are fondly reminiscing about your BLT, or whatnot. Or maybe, just maybe, you're thinking about not eating food for a while.
A space memorial company plans to launch the ashes of "Pikachu," a well-loved Tabby, into space.
- Steve Munt, Pikachu's owner, created a GoFundMe page to raise money for the mission.
- If all goes according to plan, Pikachu will be the second cat to enter space, the first being a French feline named Felicette.
- It might seem frivolous, but the cat-lovers commenting on Munt's GoFundMe page would likely disagree.
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