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when there are a lot of people willing and able to do a job, that job generally doesn’t pay well. This is one of four meaningful factors that determine a wage. The others are the specialized skills a job requires, the unpleasantness of a job, and the demand for services that the job fulfills.
In 1966, one year after Nicolae Ceauşescu became the Communist dictator of Romania, he made abortion illegal. “The fetus is the property of the entire society,” he proclaimed. “Anyone who avoids having children is a deserter who abandons the laws of national continuity.”
Will it happen to china in the future?
