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June 01, 2011

Comments

Tom Worth, Jr.

Radical and not market-based, but I think what sometimes derails us is the belief that things have to be all or none, 100% market-based or 100% state-controlled. A hybrid may be the solution. And we're in a hybrid anyway, so why not tweak it? It's probably got something in common with the theory behind minimum wage, but it would be a minimum wage per industry or work type, rather than one universal minimum wage for all jobs across the country (or however minimum wage works). And it's different than unions, because the parties wouldn't be contractually obligated to anything other than a rate of pay for a given job.

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