Jon Griffin's Blog

By Jon Griffin

The subject of “living wages” or higher minimum wages has sparked vigorous debate in every city or state where the issue has been put on the ballot. The subject invokes partisan politics with the left declaring “big business” only wants profit, and the right stating the market should determine wages. The truth economically tells a different story.

By Jon Griffin

For many years politicians have been complaining about the perceived over-paying of management in public companies. Everyone has heard about the huge golden handshakes given departing executives upon leaving companies they have destroyed. John McCain has stated “all aspects of a CEO’s pay, including any severance arrangements must be approved by shareholders” (Mason, 2008). An article in The Economist (2008) argues though that although managers pay has gone up faster than workers pay, managers pay is by and large based on financial returns.
The Economist article goes on to point out that workers pay is subject to the whims of the labor market, while stock options and other pay incentives encourage managers to create more wealth for shareholders. Prices in the labor market are being kept from increasing largely due to the increased competition in the global economy. Managers on the hand are harder to outsource and competitors, having similar skill sets, are also looking for higher pay. Another factor that The Economist (2008) points out is that as a company’s assets grow so do the salary expectations of management.

One of the issues many authors have is how to cite sources properly. Proper citing of sources prevents plagiarism, and establishes credibility for the author and the paper. In academic writing papers are expected to cite sources as research builds on other research. In the non-academic world, unfortunately, plagiarism is more common. Learning how to cite sources is easy and will set the authors work apart from the crowd of non-authoritative, plagiarized, and generally non-unique articles which are proliferating with the advent of private label rights authors.Many ways to cite sources exist, and most publications specify which format is required. When no stated preferences are available, or the paper is for internet publication, any of the standard formats is acceptable, and using the format the author is most comfortable with is the best choice. UNLV (2007) lists guidelines used in different disciplines, but this article will focus on four of them; (1) American Psychological Association (APA), (2) Modern Language Association (MLA), (3) Chicago Manual of Style, and (4) Turabian. All citations in this article will be in APA format except when giving examples for other guidelines. Please note the author assumes no responsibility for inaccurate information since achieving expert status on all formats is very difficult. That said, the information is believed to be accurate as of the time of this writing.

With the recent accusations of Obama plagiarizing, I wrote an article describing what really constitutes plagiarism. I will leave it to the reader to judge which candidate is plagiarizing. This isn’t a political blog after all.

Here is the article:

http://hubpages.com/hub/WhatIsPlagiarism