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Thread: Demographic-Economic Paradox

  1. #1 Demographic-Economic Paradox 
    Time Lord
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    This comes out of one of Twit of Wit's posts, and some remarks Pong made on the population thread about women's wages affecting their likelihood of having kids.

    Quote Originally Posted by Twit of wit
    saul: You couldn't possibly be more wrong.
    http://en.wikipedia.org/wiki/Demogra...onomic_paradox
    My theory about this paradox is that workers making a subsistence wage find themselves in a better bargaining position when they go to ask their boss for a raise if they can claim they need the money to support a larger family. If we're talking about unskilled labor, then asking for a wage increase just because they think they're a good worker wouldn't get them anywhere, but if they need it, then it's understood they don't have a choice but to ask for it, and they'll probably quit if they don't get it. Also if a corrupt cop hits you up for cash, your children are a valid reason to refuse. On the group level, having kids can become a societal obligation that unskilled subsistence workers impose on each other to in order to keep everyone's wages high. Single bachelors are seen as doing their peers a disservice.

    On the other hand, workers who already make a wage above subsistence can't pull that trick. No matter how many kids they have, it will always be understood that they could support them if they wanted to, just by giving up a few luxuries. They can't claim that they have no choice but to ask for the raise, so they just have to admit they're greedy if they ask.

    I hate to think of us humans as being such an ugly species, but I'm seriously starting to think this might be the real reason for the paradox. Subsistence economies distribute wealth on the basis of need, rather than just performance, so having the most need is profitable.


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  3. #2  
    Forum Professor
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    My theory about this paradox is that workers making a subsistence wage find themselves in a better bargaining position when they go to ask their boss for a raise if they can claim they need the money to support a larger family.
    I`m really curious to know that some bosses are concerned about somebodies chieldren.In which country did it take place if it took?


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  4. #3  
    Forum Ph.D. Leszek Luchowski's Avatar
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    You may want to read about the Iron Law of Wages.
    Leszek. Pronounced [LEH-sheck]. The wondering Slav.
    History teaches us that we don't learn from history.
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  5. #4  
    Time Lord
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    Quote Originally Posted by Leszek Luchowski
    You may want to read about the Iron Law of Wages.
    That was really good. I especially appreciated the irony of this line in the second paragraph: "; when wages are lower, labor supply will fall, increasing market real wages. "

    "Labor supply will fall" - - sounds like a polite way of saying that some people are going to die of starvation and other poverty related causes.



    Quote Originally Posted by Stanley514
    My theory about this paradox is that workers making a subsistence wage find themselves in a better bargaining position when they go to ask their boss for a raise if they can claim they need the money to support a larger family.
    I`m really curious to know that some bosses are concerned about somebodies chieldren.In which country did it take place if it took?
    It's not because they are kind or loving. It's because, if your wage is too low to support your family, then your boss knows you aren't bluffing when you say you're going to quit.
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