The Wages Councils Bill

workers ’ councils: the

The term 'Workers' Councils' can perhaps stand as a catchall title for an unpremeditated, quasi-spontaneous, 'groundup' organisational form reproduced over many periods and across many countries by groups of workers previously unaware of such a structure or of its historical precedents. Its highest form the Soviet, its 'lowest' the simple workplace representatives' committee, this formation rec...

On the Reservation Wages and Liquidity Constraint

This paper argues that a risk averse of workers after-tax reservation wage the difference between her reservation wage and the tax needed to fund the unemployment insurance system when liquidity constraint binds exists and it is unique. The optimality of unemployment insurance based on the responsiveness of reservation wage to unemployment benefit shows the disincentive effect, i.e. higher unem...

Scientists and Bioethics Councils

In their essay in the April 2004 issue of PLoS Biology, Elizabeth Blackburn and Janet Rowley (2004), two distinguished cellular biologists and members of the President’s Council on Bioethics, strongly question the scientifi c foundation of two reports from the Council (President’s Council on Bioethics 2003, 2004). The Council on Bioethics was formed by executive order “to advise the President o...

The Drug Control Bill

The Senate Bill

As the crafting of new legislation becomes a drawn-out process, compromises eventually e m e rge, and the resulting proposals often appear to be portions of various proposals spliced together. Such is the case with a farm bill proposal approved Sept. 28 in the Senate Committee on A g r i c u l t u re, Nutrition, and Forestry. As of this writing, the specific language of the bill was being devel...