“With stagnant hourly wages, the only way for working families to get ahead is by working more hours, ... certainly not the path to improving living standards that we'd expect in an economy posting strong productivity gains.” WayStrongHoursEconomyPathStandardsGainsProductivityImprovingWagesStagnantGet Ahead Author:Jared Bernstein
“U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.” MenMeanPoliticsRealizingHoursWealthLeaderEconomyIndustryResearchLaborDirectBasesCompetitionLiberalismBuyingWagesAutomationMultiplyingBuying Power Author:R. Buckminster Fuller
“Faced with such insecurity, labor unions seek a solution in demands for higher wages, shorter hours, pensions, and such things. But this approach takes monopolistic capitalism for granted, and accepts the unnatural division between property and responsibility as permanent. A much more radical solution is apt to come, and this may take either of two forms.” MayTwoWisdomFormPoliticsHoursResponsibilityAcceptingEconomyHigherDemandApproachSolutionsCapitalismLaborPropertyUnionsGrantedRadicalPermanentLiberalismInsecurityDivisionWagesUnnaturalPensionLabor Union Author:Fulton J. Sheen
“Our thoughts fly therefore by themselves in this festive hour of our plant community, to the man whom we thank for the ressurection of our Nation: Adolf Hitler, the patron of German labour and German art.” MenArtNationsCommunityHoursEconomyHe ManPlantLabourOur ThoughtsPatronFestive Author:Gustav Krupp von Bohlen und Halbach
“Through years of secret work, scientific and basic ground work was laid, in order to be ready again to work the German Armed Forces at the appointed hour, without loss of time or experience.” YearsOrderForceHoursLossSecretEconomyReadyThrough The YearsArmed Forces Author:Gustav Krupp von Bohlen und Halbach
“The very technologies that were supposed to free up our time seem instead to be consuming it, tacking hours onto our already extended days. The very interconnectedness of life in a global networked economy that creates so many opportunities also makes all our decisions more complex, crucial, even fragile.” SeemsOpportunityHoursDecisionTechnologyEconomyComplexesOur TimeCrucialFragileConsumingInterconnectedness Book:Thriving In 24/7: Six Strategies for Taming the New World of Work Source: Thriving In 24/7: Six Strategies for Taming the New World of Work
“Time is never more misspent than while we declaim against the want of it; all our actions are then tinctured with peevishness. The yoke of life is certainly the least oppressive when we carry it with good-humor; and in the shades of rural retirement, when we have once acquired a resolution to pass our hours with economy, sorrowful lamentations on the subject of time misspent and business neglected never torture the mind.” WantMindActionLife IsTimeHoursEconomySubjectsTortureResolutionRetirementShadeOur ActionsNeglectedYokeSorrowfulGood HumorLamentation Author:Johann Georg Ritter von Zimmermann
“A lot of Democrats have said that raising the minimum wage is both good economics and good politics. The nonpartisan CBO issued a report today saying that raising the minimum wage to $10.10 an hour would cost the economy about 500,000 jobs...Why should we trust Democrats on anything when they couldn't have foreseen that this would be the case?” ShouldSaidRealityWould BeTodayJobsPoliticalPoliticsCommunityHoursWorkMoneyPartyPovertyHistoryCasesEconomyPolicyCostCapitalismEconomicsDemocratIdeologyReportsMinimumPolitical PartiesMinimum WagePartisanshipForeseen Author:S. E. Cupp
“The person earning the federal minimum wage of $7.25 isn't going out to eat at restaurants. They're not taking piano lessons. They're not going to the gym or the yoga studio. They're not sending mom flowers on Mother's day. What good is this person in the economy? If you raise it to $15 an hour, they're doing all of those things. And all of a sudden, not just business thrives, but small business thrives.” IfsPersonsMotherHoursEconomyFlowerMomLessonsYogaRaisesStudiosPianoRestaurantsThriveGymGoing OutMinimumEarningSmall BusinessMothers DayMinimum WagePiano Lesson Author:Nick Hanauer
“The information glut has become a ruling cliche. As all resources - from energy to information - become more abundant, the presure of economic scarcity falls ever more heavily on one key residual, and that single shortage looms ever more stringent and controlling. The governing scarcity of the information economy is time: the shards of a second, the hours in a day, the years in a life, the latency of memory, the delay in aluminum wires, the time to market, the time to metastasis, the time to retirement.” YearsFallEnergyHoursMemoriesEconomyEconomicInformationKeysResourcesRetirementDelayRulingWireClicheGoverningShortageScarcityAluminumResidual Author:George Gilder