Saturday, January 25, 2020
Mother Teresa Essay -- essays research papers
Choose the two sections of Mother Tesresaââ¬â¢s book that stuck out most, and explain why they made an impact on you. à à à à à This book was so informative that it is so hard to pick only two parts that impacted me the most. If I have to choose only two the first would be Chapter Eight, ââ¬Å" The Poor and Rich in Love.â⬠As Mother Theresa makes so many points in this section. The stories she tells about bringing the dying off the streets to die in peace. This is so touching that these missionaries devote their lives to the poor. They choose to be poor, and Mother Theresa talks about they choose to be poor to really understand and feel what these poor people are experiencing. The stories she tells of bringing dying people in from the streets and how they die so peacefully and have a last change to really feel that there is a God before passing away, this is very touching. There are poor people all over the world and these sisters have devoted their lives to the poor and choose to be poor themselves. Which Mother Teresa says she feels is important, this way they can understand these people and do work for Jesus. In several sections she speaks of dying people who are so happy that they have been brought to a wonderful peaceful place to die. They get to believe in God again before passing away. They actually are smiling as they die, with someone who cares at there side. After leaving on the streets for years and no one wanting them, how peaceful it must be to die ...
Friday, January 17, 2020
Come one and all for England
Come one and all for England, rally to the flagâ⬠¦ From North and South and East and West Come one and all for England! â⬠(Cloud 9) Act one of Cloud Nine by Caryl Churchill is set in a British African colony in the nineteenth century. The first scene takes place on the verandah of a house. The scene also opens with an opening song introducing all the characters in the show. Before the show even starts, the actors come out, not fully dressed, and warm up. I think that this was a director's choice to show the audience which characters are female and which ones are male.Evelyn Gaynor was one of the actresses who came out before the show in a wig cap to show she was playing a boy in the first act. Evelyn does an excellent Job with transitioning from a male in act one to playing a female in the second act. In the opening scene you see Evelyn play the role of young Edward. You see Edward tending after Victoria's doll, which annoys his father because he thinks this is unmanly. You also question Edwards sexuality during this scene because of Evelyn's character choices with the doll. Evelyn embraces the doll like it is her prized possession as well as talking to it.All of these interactions with this prop gives the audience a sense that Edward has some feminine qualities. You also sense the feminine qualities in Edward through his interactions with his uncle Harry. You see the the love Edward has for his uncle in the opening scene and throughout the rest of the first act. At first it looks as if Edward is just longing for that loving father figure that Clive doesn't provide to his son, but as act one proceeds, you See Evelyn make very strong character choices to show that it's more than that.You see Evelyn draw nearer and nearer to Harry each time they are together in a scene. You also see the innocence shine though Evelyn when she asks her uncle to ââ¬Å"do that thingâ⬠again that they did during Harrys last visit. Evelyn beams with happiness when she a sks this question which make the performance believable. I honestly believe that Edward doesn't know the impact of what's going on because Evelyn plays The innocence of Edwards character so well. I feel that Evelyn's overall intention of playing the part of Edward was to show the Journey of Edwards true truggle.You can see through Evelyn's performance that Edward constantly battles with trying to impress his father and also be true to himself. Evelyn Does an excellent job in playing the true, young, innocent age of the young Edward. Because Evelyn's choices to talk as a would it makes the character more believable. By this, I mean the way she is either whining, pouting, or Just talking as a young child would. This helped me to actually picture a young child go though these true struggles with his father as well as his sexuality.At the beginning of act two you can see that Evelyn has made the transformation from Edward, a male, to Betty, a female. These two characters, in my opinion, are polar opposites, and for Evelyn to master both parts is nothing short than amazing. Unlike act one, Evelyn now plays Betty, a now more liberated Betty (unlike Betty in act 1). Evelyn plays this role with the utmost classâ⬠¦.. at first. She holds her ground and takes her beats to collect herself during he first chunk of lines but as you see Betty unwind and tell her children about the divorce, you see an underlying anic in Evelyn's voice.This shows that Betty still is quite afraid to hold her own. I overall intentions in act two were to be able to branch out by nerselt and realize she doesn't need a man to support her in order for her to survive. with this said, Evelyn takes us on a Journey of realization by showing each side of the new Betty. You see the stronger, more confident Betty and also the more venerable Betty. You can see that Evelyn chose to show her most venerable point when she was trying to leach onto the lats chance in having a relationship with her own daught er.
Wednesday, January 8, 2020
Terrorism And Non State Violent Groups - 1726 Words
The three most critical national security threats confronting the U.S. The three most critical national security threats confronting the U.S. over the next five years include the following: terrorism and non-state violent groups, cybercrime, and climate change. While some of these threats present different challenges and ramifications, I believe that within the next five years, foreign-hatched and homegrown terror attacks on the U.S. homeland will remain the mostââ¬âââ¬âas it is currentlyââ¬âââ¬â imminent threats to U.S. national security. The next critical threat is cybercrime on the U.S. critical infrastructure and other facilities of security importance. The third is the primary and secondary effects of climate change. I examined these threats below. Terrorism and Non-State Violent Groups Since 9/11 attacks on the Pentagon and the World Trade Center, U.S., many Americans often ask if they are safer today than they were fifteen years ago. The answer to that question is undetermined. Surely, U.S. has done an excellent job in thwarting terrorist plots in the years since 9/11 than compared to the six years prior . As Pope, Strom and Hollywood have shown, ââ¬Å"from 1995- 2001, only 31.9% of plots were foiledâ⬠. However, in the aftermath of 9/11 attacks, from 2002 through 2012, 80.6% of all terrorist plots were foiled before getting to execution . The great strides made in thwarting plots comes at a huge cost. After 9/11, U.S. has pumped a colossal amount of resources into defense andShow MoreRelatedTerrorism The word terrorism seems to be easy to define. It is a word that everyone is1100 Words à |à 5 PagesTerrorism The word terrorism seems to be easy to define. It is a word that everyone is familiar with. Terrorism, as used in todays media which covers a wide range of violent acts. Terrorism is violent acts that are intended to create fear(terror) are perpetrated for a religious ,political or ideological goal and deliberately target or disregard the safety of non civilians or we can say it is the threat of violence or an act of violence . Terrorism is an international problem in todays globalRead MoreThe First Wave Of Terrorism1740 Words à |à 7 Pagesdebate on the concept of ââ¬Å"newâ⬠and ââ¬Ëoldââ¬â¢ terrorism, where ââ¬Ënewââ¬â¢ terrorism phenomenon is predominately linked with ââ¬Ëreligiousââ¬â¢ terrorism. David Rapoport, also known as one of the most well known founding figures of terrorism studies, joined UCLA in 1962 as a political theorist and later he became a founder and editor of Terrorism and Political Violence (UCLA). The idea of religious terror ism coincides with Rapoportââ¬â¢s (2004) theory on the waves of modern terrorism, especially the fourth wave. RapoportRead MoreGlobal Terrorism Is An Act Of Violence And Strategy971 Words à |à 4 Pages Global Terrorism The rise on terrorism has dramatically increased in a diverse range of countries around the world. Within the last year, the world has achieved the highest number of attacks. Terrorism is an act of violence and strategy towards the government. One of the main purpose of terrorism is to not only add fear into the public, but also change the publicââ¬â¢s eye. Now, global terrorism is a bigger issue that affects the world. Global terrorism does not just affectRead MoreHomegrown Muslim Radicalization And Terrorism831 Words à |à 4 PagesHomegrown Muslim Radicalization and Terrorism The purpose of this paper is to annotate four sources that I will analyze for my final research paper. These sources focus on the following items: (a) Comparing Muslim converts and non-converts in the United States, (b) the psychology of radicalization, (c) the risk of radicalization and terrorism, and (d) how we can combat homegrown radicalization and terrorism. By analyzing these sources, I will be able to develop in-depth reasoning on this topicRead MoreTerrorism, Employment, and Education1357 Words à |à 6 PagesThis paper attempts to explain whether economic depravity in a region leads to support for terrorism using the case of the Israel/Palestine conflict in the Gaza strip. I will present and analyse quantitative data from a public opinion poll conducted in the West Bank and the Gaza Strip, which queried participants about their support for militant and terrorist attacks against Israel. The presented data will be supplemented by statistics from the data that Alan B. Kruege r of Princeton University thatRead MoreTerrorism And Its Effects On Terrorism Essay1442 Words à |à 6 PagesTerrorism iscertainly not innovative and despite the fact it has been documented throughout history, it is moderately difficult to define what terrorism is. When discussing terrorism, it is publicly implied as either utilizing or threatingthe brutality in order to supplement a political cause, which can be confusing as there isnââ¬â¢t a universally approved definition towards terrorism. For instance, the Global Terrorism Index hasanalysed that 64,000 people were killed by specific enactments of terrorismRead MoreList Of Definitions Of Terrorism Essay969 Words à |à 4 Pagesthroughout the literature reviewed. These themes are: defining terrorism, the terrorist mindset, methods of identifying a potential terrorist, ways to detect terrorist activities prior to execution, and developing means to combat future acts of terrorism. Although the literature presents these main th emes in a variety of perspectives, this paper will primarily focus on their applicability to the terrorist lifecycle. Defining Terrorism What is a terrorist? Before we can determine the likelihoodRead MoreUnited States Department Of State1748 Words à |à 7 PagesIntroductionà The United States Department of State classifies 58 different organizations as foreign terrorist organizations (US DOS). Of those 58 FTOs only one is located in South America, and none are located in Mexico. Despite the lack of official FTOs in Mexico, non-state violence is at an all-time high and the country is more dangerous than ever. This is because of the presence and prevalence of drug cartels throughout the country. These drug cartels employ violent tactics as part of their drugRead MoreTerrorism : A Systematic Weapon Of War1320 Words à |à 6 Pages ââ¬Å"Terrorism has become a systematic weapon of a war that knows no border or seldom has a faceâ⬠- Jacques Chirac, September 24th, 1986. As Mr. Chirac says Terrorism has become a systematic weapon of war. This does not just mean the US and its allies this mean on a global scale in Africa, Europe, Asia, Australia, North and South America the whole planet is affected. Even the countries that support groups like ISIS and a l-Qaeda are affected by the bombing that we send. This War knows no borders whileRead MoreTerrorism during the 9/11 Attack and Afterwards1476 Words à |à 6 PagesOver the many years the earth has existed so has violence, extremely dangerous forms of violence known as terrorism are very prominent today. Terrorism has been around since separate nations were created long ago; these nations fought over who was the strongest or who had the right viewpoint or even over who should control certain lands. Though most everyone has heard about some form of terrorist activity during their lifetime, it was brought to the forefront of every American citizenââ¬â¢s mind after
Tuesday, December 31, 2019
Increase In Ontarios Cost of Living Tied to Minimum Wage...
Research Question. Should increases to Ontarioââ¬â¢s minimum wage be tied to the cost of living? Minimum wage is something that maintains the stability of a states economy. Minimum wage is regulated by the provincial government where the most minor of changes creates an exponential ripple effect through both local and international economies. A minimum wage is the wage that is able to provide not only for bare physical needs but also for preservation of efficiency of workers plus some measure of education, health and other things. Like itââ¬â¢s stated above, minimum wage has ties to many other things other than income, such as: education, healthcare, economic statuses and stability, worker efficiency and overall family life. Cost of living isâ⬠¦show more contentâ⬠¦The student hourly wage is presently $9.60/hour and is set to increase to $10.30/hour on June 1st, 2014. Liquor serversââ¬â¢ minimum wage is the hourly rate, which applies to employees who directly serve liquor to customers or guests in licensed premises as a regular part of their work. Licensed premises are businesses, which have been issued a license or permit issued under the Liquor License Act, which allows an establishment to serve liquor. Liquor servers presently make $8.90/hour and as of June 1st, 2014, $9.55. Hunting and fishing guides minimum wage are based on blocks of time instead of by the hour. They get a minimum amount for working less than five consecutive hours in a day, and a different amount for working five hours or more in a day- whether or not the hours are consecutive. The hourly rate for working less than five consecutive hours is presently $51.25 and will be raised to $55.00 as of June 1st, 2014. The hourly wage for working five or more hours whether it is consecutive or not is presently $102.50 and will also be soon raised to $110.00 as of June 1st, 2014. Homeworkers wage are hourly wages paid to employees who do paid work in their own homes. For example: sew clothes for a clothing manufacturer or write software for a high-tech company. The hourly wage is pr esently set at $11.28/hour but is soon set to change to $12.10 as of June 1st, 2014. Cost of Living is the
Monday, December 23, 2019
Shedding Some Light of Schizophrenia Essay - 1551 Words
Schizophrenia affects about 2.5 million Americans and 24 million worldwide. However, not everything is known about the mental illness. What part of the brain Schizophrenia affects and the different types of tests used to detect it. What medications have shown the best results, but what are their side effects that may come with? Is it worth the risk? Also what are all the possible ways Schizophrenia can be instigated? ââ¬Å"New test and machines also enabled researchers to study the structure of schizophrenic brains.â⬠There were studies done to compare those of a normal brains and ones affected by Schizophrenia, it showed several structural differences. ââ¬Å"The most common finding was the enlargement of the lateral ventricles, which areâ⬠¦show more contentâ⬠¦But doctors use certain tests to make sure nothing else as at the root of the symptoms.â⬠The doctor will begin to ask you questions about your mental health and medical history. If you are hearing voices, h aving odd experiences or having confusing thoughts that you canââ¬â¢t control. If they think you need to be further tested they may proceed with a MRI, CT scan. Those will then check the structure, function and size of your brain. From then on they will diagnose you with the Schizophrenia mental disorder if you have hallucinations, delusions. Other factors may also show symptoms of Schizophrenia but those two are the main ones that are most easily recognizable. There are numerous different types of medications that you can take with schizophrenia. There was ââ¬Å"a 4-week of placebo-controlled trial in hospitalized patients with acute Schizophrenia.â⬠ââ¬Å"Risperidone was used as an active control in this study.â⬠There are physiological treatments that include cognitive behavior therapy, family therapy and one-on-one therapy that contribute to help manage the schizophrenia. Anti-psychotic medicines are called ââ¬Å"atypicalâ⬠, it helps to contribute to improv e and maintain symptoms. You can get them as injections, liquid form and also pills. You have to participate in a maintenance plan that helps to manage and prevent acute episodes from coming backShow MoreRelatedMarxism In Arthur Millers Death Of A Salesman1465 Words à |à 6 Pagesof psychotic disorder shows a true linkage between class position and the rate of treated cases in the population, but the relationship is indirect: The lower the class, the higher the rate (Hollingshead Redlich, 1757). Depression, anxiety, schizophrenia, and Antisocial Personality Disorder were common psychiatric disorders found to correlate to middle or lower-class individuals such as Willy Lowman (Walsh et al, 2013). This research implies that Willy Lowmans mental deterioration was either aRead MoreThe Physiology, Metabolism, Biochemistry1433 Words à |à 6 Pageschronic. However, in some cases, T. gondii may cause severe morbidity and even death, especially in individuals who are immunocompromised, and if the infection is hereditary (Shannon et al., 2015). The types of selective media used to isolate it There were four methods available to identify and verify the isolation of T. gondii from tissue culture monolayers. These included: I. Analysis using phase contrast and an inverted microscope II. Examine Giemsa-stained spot smears under light microscopy, withRead MoreFreedom to Change1461 Words à |à 6 Pagescenturies, language has changed because of different influences. For example, Hip-Hop and Rap music emerged when African Americans used it as an expression of their struggle against oppression and economic limitations. These changes may be acceptable in some circles, but are frowned upon by the society that judges a person by the way they speak. We the people change the English language and no authority can control those changes. The use of double negatives, ââ¬Å"incorrectâ⬠grammar, and finding new meaningsRead MoreGenetically Modified Organisms And Its Effects On The World1945 Words à |à 8 PagesGenetically modified organisms has been around for quite some time. Itââ¬â¢s the ability to manipulate any organism and alter them in any way that you please. Which implies that crops can last longer during any weather and protect themselves against any pest icides or weeds. During 1954 James Watson and Francis Crick discovered the first DNA strand and described it to be a double helix which allowed genetic engineering to come into the spotlight. Monsanto a booming agricultural company in the 1900ââ¬â¢sRead MoreThe Science of Love3916 Words à |à 16 Pagestheir colleagues, rely on an ability to create and maintain social ties. Defects can be disabling, and become apparent as disorders such as autism and schizophrenia ââ¬â and, indeed, as the serious depression that can result from rejection in love. Research is also shedding light on some of the more extreme forms of sexual behaviour. And, controversially, some utopian fringe groups see such work as the doorway to a future where love is guaranteed because it will be provided chemically, or even geneticallyRead MoreThe Science of Love3903 Words à |à 16 Pagestheir colleagues, rely on an ability to create and maintain social ties. Defects can be disabling, and become apparen t as disorders such as autism and schizophrenia ââ¬â and, indeed, as the serious depression that can result from rejection in love. Research is also shedding light on some of the more extreme forms of sexual behaviour. And, controversially, some utopian fringe groups see such work as the doorway to a future where love is guaranteed because it will be provided chemically, or even geneticallyRead MoreSocm Study Guide Essay30404 Words à |à 122 Pagesions | Dissolved gases | Oxygen, carbon, nitrogen, and other atoms | Atmosphere | O2 required for normal cellular metabolism | ORGANICCarbohydrates | C, H, and O; CHO in a 1:2:1 ratio | Obtained in diet or manufactured in the body | Energy source; some structural role when attached to lipids or proteins; energy storage | Lipids | C, H, O, sometimes N or P; CHO not in 1:2:1 ratio | Obtained in diet or manufactured in the body | Energy source; energy storage; insulation; structural components; chemical
Sunday, December 15, 2019
Keynesian school of Macroeconomic Free Essays
Keynesian school of Macroeconomic thought appeals to me the most. Therefore, it is necessary to outline its main ideas related to monetary and fiscal policy. It is important to know that this theory is based on ideas of famous British economist John Keynes and it is rooted in the 20th century. We will write a custom essay sample on Keynesian school of Macroeconomic or any similar topic only for you Order Now Keynesian economy claims that mixed economy is the best type of managing fiscal and monetary policies, where special attention is paid to private sector and state. Keynesians doesnââ¬â¢t think that both state and private sector should operate on their own and, therefore, their policy differs significantly from laissez-faire economy. Such idea is the most appealing to me, because I think that every sector should be under thorough control. (Blinder 2003) The next moment to mention is that Keynesians believe macro-level trends are able to dominate over the micro-level of individual behavior. In contrast to classical theory, Keynesians promote an idea that aggregate demand for good is of great importance in economy and is its main driving force. Speaking about fiscal and monetary policies, Keynesians aim at raising saving in order to lower the demand for labor and products. For example, they stated that there were many ways for the government to ensure effective management of national economy. Instead of paying attention to unbalanced budgets, Keynesian theory suggests countercyclical fiscal policies, ââ¬Å"which acted against the tide of the business cycle: deficit spending when a nationââ¬â¢s economy suffers from recession or when recovery is long-delayed and unemployment is persistently highâ⬠. (Blinder 2003) Therefore, the government should solve short-term problems. Also Keynesians think that fiscal stimulus or deficit spending may actuate production. Rather interesting idea is that government should be complementary. And fiscal expansion is possible only in case of slack in labor market. However, Keynesian theory is criticized because of unbalanced view of monetary policy. For example, it is suggested that their approach to economy is rather collectivist which requires centralized planning and, in such a way, it may lead to totalitarian abuses. Keynesians are more concerned with considerations instead of executing. (Blinder 2003) References Blinder, Alan. (2003). Keynesian Economics. Retrieved February 15, 2007, from http://www.econlib.org/library/Enc/KeynesianEconomics.html How to cite Keynesian school of Macroeconomic, Essay examples
Saturday, December 7, 2019
Pros and Cons of Minimum Wages
Question: Discuss about the Pros and Cons of Minimum Wages. Answer: Introduction Most federal governments set a minimum wage legislation to protect workers in the labor market. Typically, a minimum wage refers to a workers base pay per hour. Often, this base pay is set above the market equilibrium pay rate. Thus, employers are expected to pay its workforce a wage above the equilibrium pay rate. In Australia, the federal government plays an active role in the labor market and sets a minimum wage for all employees in the country. Notably, this legislation has significant effects on consumers, employers, the workforce and the government in general. Minimum Wage Legislation in Australia It is worth noting that Australia has one of the highest wage floors in the developed world. For this reason, the economy is entrenched as the most expensive labor market in the world. According to a 2014 report by the OECD, the nation had an after-tax minimum pay rate of $9.54 (Pannett, 2015). At the time, this rate was seconded by countries like Luxembourg and Belgium at $9.24 and $8.57 respectively (Petroff, 2015). The states minimum wage has been increasing steadily every year since the late 1990s (Australia Minimum Wage, 2017). Despite the high minimum, Australia has a low tax burden. What is more, the level of unemployment in the economy has been dropping significantly over the years. Last year, the Fair Work Commission instigated a minimum pay raise for workers in the country. Specifically, it increased the rate by 2.4 percent. According to the law, the minimum hourly rate is $17.70. Thus, all employers were expected to pay its employees a minimum of $672.70 every week (ABC 2016). In 2014, it increased the rate by about 50 cents per hour, to $16.87. Thus, employees were paid at least $640.90 weekly (Mondschein, 2015). In the following year, the commission further raised the rate to $17.29 per hour (Mondschein, 2015). Consequently, workers expected a minimum pay of $656.90 each week (Hurst, 2015). Notably, the Commission has consistently been increasing this rate over the years. Source: (Trading Economic, 2017). Impact of the Minimum Wage Legislation Throughout its application, the minimum wage rule has had significant impacts on the economy. Whereas some of the effects may be positive and beneficial for the economy, others are harmful and detrimental to all stakeholders (Australian Government, 2016). Primarily, this legislation affects employers, consumers, the government and the labor force. For this reason, it is crucial, that the formulation of these laws are evaluated carefully to weigh their pros and cons, and their overall effect on the economy. Minimum Wage Legislation from the Firms Perspective Typically, this regulation affects employers and companies more than the other stakeholders. By and large, an increase in the wage floor for workers translates to additional costs for the business. As such, it means that the employer spends more money in paying additional wages to its employees. In turn, this increases the operational costs of the company and reduces its profits. Reduced profits may force the firm to close down (NELP, 2015). Therefore, to prevent this, the company is obliged to shift the extra burden to consumers. In turn, they raise their prices, making goods and services in the economy more expensive. Subsequently, this would reduce the aggregate demand in the economy. Alternatively, the firm may lay off some of its workers to reduce wage expenses. As a result, many workers may lose their jobs. Besides, a rise in workers compensation may force the firm to invest in machines and robots to replace the workers in the production process. Predominantly, the use of machines instead of human workers will save the company a lot of money from automated processes. Then again, the business may opt to outsource labor from other countries with lower minimum wages to do the same work for a cheaper cost. Eventually, the level of unemployment in the country will rise. In retrospect, an increase in the minimum pay may also be beneficial to the firm. Specifically, a pay rise will boost the workforces morale. In turn, this will bring about an increase in their productivity. Enhanced firm productivity increases the firms earnings and profitability. Thus, the firm may expand and improve its overall operations. In the same way, higher wages encourages workers to put more effort into their work. It also ensures that they enjoy their work. Therefore, this reduces the workers turnover (Roberts, 2013). Mostly, this is attributed to the fact that higher wages make work more attractive and reduces the rate of absenteeism. In the process, the employer gains. A high minimum wage also ensures that the firm makes more sales. Precisely, a rise in the level of salaries in the country means that more households have more disposable income to spend on goods and services (Wilson, 2012). Thus, the more the income, the more products and services they purchase. In turn, this increases the overall sales that the company makes, thereby enhancing its profitability. In this regard, the effects of the minimum wage laws in the country from the firms perspective may vary, depending on whether the pros outweigh the cons (Wilson, 2012). Thus, although the laws may have adverse effects on the firm in terms of costs, some benefits may accrue in the process. Minimum Wage from the Labor Forces Perspective It is imperative to note that the minimum pay laws benefit workers more than any other group. Primarily, the implementation of a pay rise legislation means that the employees earn more than they previously received (Bronchu Green, 2014). For this reason, they have more disposable income to spend on goods and services. Most importantly, it raises the standards of living for impoverished workers as they can afford more decent housing and basic needs (Williams, 2015). Thus, low-paid and low-skilled workers benefit significantly from increased wages. According to the workers, an increase in the least possible pay rate provides an incentive for the unskilled and unemployed workers to seek employment opportunities at the prevailing rate. Particularly, this is due to the fact that a minimum pay rate guarantees low-skilled employees that they will receive a guaranteed minimum wage (Brochu Green, 2014). Thus, they become more active in looking for jobs (CBO, 2014). In turn, this reduces the level of poverty and impoverishment in the society and the economy in general. Also, increasing the pay rate may help to reduce race and gender-based income inequality. Sequentially, this may facilitate a move towards income equality in the economy. Furthermore, higher wage rates enhance job satisfaction. Normally, minimum wage earners who do not experience constant growth in their earnings or even a raise to cover the cost of living often feel happier working after the government increases their pay (Stone, 2014). Accordingly, they are less likely to look for alternative job opportunities, quit or make pay demands since they are content with the small wage raise in the minimum wages (FRBSF, 2015). Moreover, with the intensifying living costs, individuals who earn the minimum pay have a sense of financial security. Irrespective of the benefits, a minimum wage legislation may create significant consequences for the labor force. While the primary objective of higher wages is to help workers, it may end up harming them (Smith, 2014). As mentioned earlier, an increase in the wage rate may entice individuals who were previously unemployed to seek work. Consequently, the entry of new workers into the labor market would increase the number of people in the workforce. At the same time, firms may lay off some of its workers to reduce the overall wage costs (Mejeur, 2014). In turn, this increases the supply of labor over and beyond overall demand. Unfortunately, a minimum wage legislation is often unaccompanied by an increase in job opportunities. Accordingly, this increases the level of unemployment. For this reason, such laws may end up hurting the labor force instead of helping it. Graphical Illustration of the Labor Market Effects of a Minimum Wage Source: (Wilson, 2012). From the graph, the demand for labor equals the supply of labor when firms pay the market rate. At this point, the labor market is operating at equilibrium. However, when the government imposes a wage floor above the equilibrium level, the demand for labor drops. In contrast, the higher wages attract more workers, who were previously out of the workforce to enter the job market. In turn, this increases the supply of labor in the economy to point C. At this point, the supply of labor exceeds the demand for labor. Predominantly, this is because, at the minimum wage rate, the demand for labor is at point A (Wilson, 2012). Thus, the level of unemployment in the economy increases. From the graph, the degree of unemployment is denoted by the distance between C and A. In addition to unemployment, wage laws may result in reduced benefits and allowances for the workforce. Instead of raising prices to counter higher wage costs, the firm may opt to reduce its employees benefits. Thus, benefits such as gym memberships, reimbursed parking and paid vacations for workers may be scrapped off from the working agreement. By doing this, the company can recoup the money spent on paying employees the set minimum wage, at the expense of the workers welfare (Neumark, 2015). Another con associated with wage laws is that it reduces the desire of working people to advance their careers. Although a higher pay may enhance the employees morale, it may destroy their determination for self-betterment (Macdowell, 2013). As such, they may become too comfortable with their current salary, and disregard the need to pursue their career further. Subsequently, this impedes the prospects for low-income staff to advance their socioeconomic stance. To make matters worse, minimum wage legislations may raise the earnings of low-salary employees at the expense of the higher-salaried workers. Generally, firms suppress the salary increases of these workers to pay the additional minimum wages. Over time, this results in reduced morale among the higher paid employees who may opt to leave the firm or reduce their productivity. For this reason, it is important for the government to carefully determine the overall effects that the legislation will have on the labor force before implementing the law. Minimum Wages from the Consumers Perspective Just like firms and the labor force, Australian consumers are also affected by minimum wage policies in the country. From the customers point of view, a higher salary for low-wage workers means that they have more disposable income to purchases services and goods (Kearney Harris, 2014). Besides, with higher wages, more individuals can afford basic needs and fundamental essentials. Sequentially, this increases the utility derived from using the products and services (Shemkus, n.d.). An increase in utility enhances the level of consumer welfare in the economy. Notwithstanding the benefits, consumers may suffer tremendously due to increases in the minimum wage level in the country. In Australia, firms often transfer the increased production costs to the end user. Thus, they may raise the prices of their goods and services to counter the extra overheads. As a result, this may lead to an overall increase in the general price level in the economy. Inflation in the economy is never a good thing for the consumer. Normally, the consumer is forced to pay more for the same goods and services. Hence, the money earned as a result of higher minimum wages is used up in the purchase of products during inflation. In the long run, this would mean that the pay rise was not beneficial to the consumer. Thus, for the consumers, a minimum legislation is only beneficial to them for as long as they can afford to purchase more goods and services. The legislation must be able to increase their welfare without subsequent increases in the prices in the economy. Othe rwise, it would be disadvantageous. Minimum Wages from the Governments Perspective It is worth pointing out that the minimum wage directive has gained momentum among policymakers in Australia and the rest of the world as a means to alleviate the rising income and wage inequality. However, there is much debate as to whether the policy brings about more positive or adverse effects to the economy. According to the view of legislatures, a substantial rise in the countrys minimum wage brings about significant advantages to the overall economy. For this reason, they consistently set policies that raise the minimum pay rate in the country every year, with the view that it will bring about noteworthy economic effects. First, policymakers hold the belief that higher wages result in increased economic activity in the country. In their view, it stimulates the aggregate economy through enhanced productivity by firms and growing demand by consumers. Subsequently, an increase in the level of economic activity in the economy translates to an upsurge in the level of economic growth in the country. Besides, with higher salaries for workers, the government can collect more revenue through taxation. In turn, this significantly increases economic growth. Therefore, from this perspective, higher minimum pay rates are beneficial to the economy. Additionally, by increasing the minimum pay, the government can considerably reduce its expenditure on social programs. Today, the Australian government spends a lot of money to support low-income families in the country (Doyle, 2016). Therefore, by raising the minimum wage, the government reduces the number of households that are dependent on it. In the same way, a drop in the level of public expenditure on social support programs will slightly lower the taxation burden on the countrys taxpayers. Holding this mind, then one can argue that minimum wage policies are beneficial to both the government and the citizens, and should thus be executed. Predominantly, the governments perspective on the matter is inclined towards its benefits to the labor force, consumers, firms and the economy in general. Characteristically, its decision to implement the wage floor in the Australian economy is founded on the basis that it creates more benefits than harm to the economy. In fact, it firmly believes that the policy stimulates economic activity in the aggregate economy for the betterment of the welfare of firms, consumers, and the labor force. However, other stakeholders may dispute this thought. To some extent, the pros associated with the policy may exceed the cons. Still, one cannot dismiss the negative implications of this law. Therefore, the government must make careful considerations before implementing wage laws in Australia. Comparison of the US and Australias Manufacturing Industry Wages For a long time now, the Australian minimum wage rate has been higher than that of the United States. The manufacturing industry is a perfect industry for comparing minimum wages between the two countries. Currently, the wages US are estimated at $20.70, a rise from last years $20.67 per hour (Trading Economics, 2017). In contrast, Australias minimum wage for this industry is averaged at approximately $20.92 per hour. In the 1950-2017 period, the average minimum wage is $8.98 in the US and 9.40 in Australia (Trading Economics, 2017). Over this period, the highest wage was recorded in January this year at $20.70 while the lowest was recorded in 1950 at $1.27 per hour (Trading Economics). Notably, the minimum wages in the manufacturing industry in Australia is higher than that of the US. Source: (OECD, 2011) Policy Recommendations For the Australian economy to grow and thrive, the government must be vigilant in the formulation and enactment of wage policies. Critical to the economys performance is the modality in which the minimum pay rates are set and implemented in the country. Notably, one can attribute this to the fact that minimum wages can change the wage structure and its distribution within the economy (Herr, Kazandziska Mahnkopf-Praprotnik, 2009). Also, changes in wages can influence income distribution, employment, and the price level. Therefore, the Australian government may implement the following recommendations to harness the implications of wage legislations in the economy. First, the Australian government should set the minimum wage at a level which affects a significant number of employees in the economys labor market. By doing so, the policy will be able to raise the salaries of a significant number of people, thus creating substantial economic effects (Herr et al., 2009). Otherwise, when the regulation affects a small number of individuals, it will only have a symbolic meaning with no considerable effects to the general economy. Thus, it would be ineffective. Secondly, the government should ensure that the remunerations grow in line with the wage norm in the long run. That is to say, the growth in the workers salaries should be in line with the countrys target inflation rate and its trend productivity (Herr et al., 2009). If this condition is satisfied, the minimum wage level will help prevent the development of deflationary conditions in the economy. Specifically, if the income level in the economy rises faster than the standard wage, then the minimum salary should increase according to average earnings (Herr et al., 2009). This way, the government can prevent the wage structure from becoming wider. Commendably, the government should continue reviewing and adjusting the minimum wage rates frequently. Currently, this is done on an annual basis in the country. When changing this rate, it should ensure that wages increase relative to the average salary in the nation (Herr et al., 2009). Notably, this is crucial since this action goes a long way in preventing any increases in the wage gap (Herr et al., 2009). Therefore, for as long as the lowest wages are too low when compared to the economys average wages, the government should raise the minimum wages at a faster rate than the average salary. In the long run, this would enhance pay equality in the economy. Conclusion All in all, all things considered, the minimum wage policy has significant effects on the economy. In the same way, the legislation bears substantial implications on the firm, the labor force and consumers within Australia. In the opinion of firms, minimum wages implies greater costs for the enterprise. In turn, this may result in an increase in the prices of its products or firing of some workers. However, businesses may also benefit from the law, due to an increase in employee morale, low turnover, and job satisfaction. On the other hand, consumers may view the law as beneficial given that it increases their purchasing power. Regardless, it may result in price inflation which is disadvantageous to them. With respect to the labor force, the legislation is advantageous for the fact that it results in an increase in their disposable income and standards of living. Nonetheless, it may cause an increase in unemployment. Lastly, the government implements this policy with high regard with the view that it is beneficial to the other three stakeholders and the economy in general. References Australia Minimum Weekly Wage. TradingEconomics.com. Retrieved from https://www.tradingeconomics.com/australia/minimum-wages Australian business gets a good deal from the minimum wage. The Conversation. Retrieved from https://theconversation.com/australian-business-gets-a-good-deal-from-the-minimum-wage-27698 Brochu, P. Green, D. (2014). Minimum Wages: Effects on Employment and Labor Turnover. FreeThinkUniversity.com. 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Retrieved from https://www.nakedcapitalism.com/2014/01/minimum-wages-effects-employment-labour-force-turnover.html Stone, C. (2014). Raising the Minimum Wage Brings Many Benefits. US News. Retrieved from https://www.usnews.com/opinion/economic-intelligence/2014/02/21/raising-the-minimum-wage-has-many-benefits The Effect of Minimum Wages on the Labor Force Participation Rates of Teenagers. (2015). Employment Policy Institute. Retrieved from https://www.epionline.org/studies/r32/ The Effects of a Minimum-Wage Increase on Employment and Family Income. (2014). Congressional Budget Office. Retrieved from https://www.cbo.gov/publication/44995. United States Average Hourly Wages in Manufacturing. Trading Economics. Retrieved from https://www.tradingeconomics.com/united-states/wages-in-manufacturing Williams, S. (2015). 3 Pros and Cons of Raising the Federal Minimum Wage: Where Do You Stand? The Motley. Retrieved from https://www.fool.com/investing/general/2015/03/01/3-pros-and-cons-of-raising-the-federal-minimum-wag.aspx Wilson, M. (2012). The Negative Effects of Minimum Wage Laws. Downsizing the Federal Government. Retrieved from https://www.downsizinggovernment.org/labor/negative-effects-minimum-wage-laws.
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