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Maximum wage?	by toysbfun	2007-10-22 10:26:00
Been tried already	by DesertRat66	2007-10-22 10:34:59
It has been tried before that even.	by RetiQlum2	2007-10-22 10:43:07
The Catholic Church decreed a maximum wage. The result was the dark ages. Providing incentive for improved performance and trade is what drives people to excel and produce more wealth. As improbable as it seems, Kim Hsu selling bicycles on a street in Hong Kong makes you and I richer. The details involve a lot of math that I can't remember off the top of my head. Bill Gates made us all richer by accidentally creating the PC-Clone industry which made processor prices cheaper, which is why we can buy more computing power for $300 than existed in the entire world in 1979. Without that, linux would never have existed.
[ Reply ]
"The Catholic Church decreed a maximum wage"?	by MatthewDBA	2007-10-22 10:46:26
Well, that too.	by RetiQlum2	2007-10-22 10:57:45
I don't remember hearing about that	by MatthewDBA	2007-10-22 11:12:40
I found it in a book I read more than a decade ago	by RetiQlum2	2007-10-22 11:31:28
I've seen what appears to be a reference	by MatthewDBA	2007-10-22 11:33:22
A penny in whose currency?	by nix	2007-10-22 11:35:57
the Edict Of Diocletian?, 301 AD...	by wibble	2007-10-22 12:15:43
which appears to have happened	by MatthewDBA	2007-10-22 12:28:04
Interesting, but it has little to do	by nix	2007-10-22 13:03:36
not bill gates fault	by roadhog	2007-10-22 21:08:37

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