All posts tagged: Ethics Problem

Why Pay Workers More?

Why Pay Workers More?

AN ECONOMIST’S GUIDE EFFICIENCY WAGES The term “efficiency wages” or “efficiency earnings” was first introduced by influential economist Alfred Marshall (1842-1924) to represent a unit of labor based upon the relationship between wage and efficiency. According to Marshall, the theory behind efficiency wages would require that employers pay based upon output or efficiency, meaning that more efficient workers would be paid more than less efficient workers which would render the employer theoretically indifferent towards workers of ranging efficiencies. Today, the term has taken on a different meaning. The modern use of the term efficiency wage is in reference to the hypothesis that wages in some markets are not always based upon the process of market-clearing, which requires that supply be equal to demand. Market clearing wage, for instance, is the wage or pay scale at which the quantity of labor is equal to the demand or need for labor. It is when this supply equals demand that the market is cleared of all excess. Efficiency Wage Theory In economic theory, market clearing presents the most …

Skeptic Society Magazine Untangling the Qatar kerfuffle

Untangling the Qatar kerfuffle

Why does everyone in the Arab world suddenly hate Qatar? Is it a uniquely repressive and terrible nation? Um, no. Alliances are, like a lot of successful marriages, hard work. Even the best of them go through periods of tension. The “special relationship” between the U.S. and the United Kingdom has often seemed less than that, for instance.The Middle East, however, is much different.

skeptic society Ethics Problem

Ethics Problem

This article is neither a defense of nor an attack against either religion or secularism. It treats them as well established sociological facts and no more than that. I take them as given and argue that a greater moral good can be achieved if the two belief systems find common moral ground in virtue ethics. Moral choices infuse most aspects of our life, whether we know it or not. And a great number of these moral choices are bad ones. This is why our prisons are filled to overflowing, and recidivism is so high at 66%. This is why we have so many war dead and this is why so many die violent deaths at the hands of murderers or radical ideologues. This is also why we have such an inequitable distribution of wealth. This is why cheating is rampant at schools and universities. We maintain large standing armies to protect ourselves from the bad moral choices of others and on occasion we use it to inflict our bad moral choices on others. This is …