Feb20th2006

Quote Of The Day

“The attempt to define a “living wage” in a manner divorced from one’s productivity suggests that many Americans have (perhaps unconsciously) absorbed a Marxian ethic: from each according to his ability, to each according to his need. Okay, I disagree, but I can believe people believe that. But this is still just a variant of “Wal-Mart can afford it.” It cannot explain the particular need-based obligation people think Wal-Mart owes people simply because it has hired them”.–Glen Whitman, Professor of Economics at Cal-State Northridge

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