Rao’s Solution is a novel written by David Dixon Lentz. A description can be found below our newest video on wages, inflation and the urgent need to stop the encroachment of oligarchy and plutocracy into our democracy: Here’s our newest video (book description is below that):
Rao’s approach applies to compensation of all types including salary (whether fixed, commission or hourly) and bonuses and requires no constant tinkering with the minimum wage.
You can buy Rao’s Solution by clicking the link below which will take you to another website:
https://store.bookbaby.com/book/raos-solution
[Important Author’s Note added 10/27/26: A common misconception about the formula Rao’s formula for fair pay is that all employees must be paid the amount calculated. This is false. Different employees at different skill and responsibility levels can be paid a different amount of compensation. In fact, after Rao was published the Author did a more detailed mathematical analysis of differing pay levels and how paying a certain number of employees more than the required Rao minimum affected the real world feasibility of employing Rao’s approach. As a result a very refined revised Rao formula was devised.
Again, Rao just sets forth the minimum that must be paid to by a company to all of its employees. Some or even most employees may be paid more than the Rao minimum. However, by requiring that all companies pay their employees at least the Rao calculated minimum it is felt that this will result in: (i) fairer pay that will allow workers a better standard of living; (ii) decrease the ever widening wealth and income gap between the wealthy (such as corporate CEOs); (iii) because of (i) and (ii) (A) decrease the chance that the U.S. will become an oligarchy run by billionaires (this is because working people will have more economic power to influence the political process); (B) allow families to better afford having much needed babies thus helping the U.S. to avoid or lessen the need for more (yes more) immigration to avoid economically harmful population decline and/or the insolvency of social security. On this last point without immigration the U.S. will suffer harmful population decline because America’s fertility rate (currently at about 1.6) is far below the required 2.1 which is necessary to maintain current population levels. Moreover, unless developments in artificial intelligence changes the situation dramatically (and it might) the U.S. simply must improve the worker to retiree ratio or future generations of workers will be taxed and worked to beyond the point of exhaustion.
Note also that Rao’s formula does not require companies to pay employees more like traditional minimum wage laws do. It is not a traditional minimum wage law. In this sense it puts far less pressure on the pocketbook of companies than periodic increases in traditional minimum wage laws. Under Rao, it is only when companies decide to increase CEO pay that Rao’s formula is triggered to test to see if all other employees have to be paid more as well. (And they almost always do.)
Note that the ratio used in the novel Rao’s Solution is one percent. Naturally any legislature can set the ratio of CEO to minimum worker pay at any level it wishes. The author in Rao’s selected one percent merely because that percentage closely approximated the actual ratio of worker to CEO pay in the 1960s when the U.S. had a bigger and financially healthier middle class.]
PROPOSED IMPLEMENTING STATUTE
Our proposed RAO FAIR COMPENSATION ACT (REV2 Alt) can be found at the link in the next section below titled “Rao’s Solution Fairer Pay Fromula”
An Actual Comprehensive Pay Formula Is Also Available
For those who want to take a much deeper dive into compensating workers in a much fairer fashion, the approach initially started by the author of Rao’s Solution has been refined but in a manner consistent with that outlined in the novel. A much more sophisticated and comprehensive Rao-type formula can be viewed at (just click below):
Overview
The economic policies of a South American leader designed to reduce income and wealth inequality set the stage for international political intrigue that complicates the familial and romantic relations of its characters on two continents. A simple TV game show in which one of the characters participates illustrates a primary cause of economic inequality while Rao’s solution provides a vital first step in solving it.
Description
Rao’s Solution is a fast-paced contemporary story about the struggle to end wage inequality—all told in the context of a tale of political intrigue, espionage, love triangles and the struggles of a father, mother and son to resolve their many differences. Paul Earl, a T.V producer, who has establishment roots, struggles to salvage his career. He creates a new feel–good television show that is based on a simple fair game of chance. It is designed to help the poor during the Holiday Season. In doing so, however, his world turns upside down when he finds comfort in the arms of one of his contestants, Maria, who unbeknownst to Paul, is already involved in a love triangle with a rogue fugitive CIA agent, Pete Sanchez whose political loyalties are highly questioned. Sanchez, while on assignment in South America, is thought to be involved in a plot to assassinate, Karamchand Rao, the President of his country who has instituted new and controversial laws designed to help the poor and eliminate income disparity amongst his country’s citizens. Sanchez is now thought to be in New York where he is being pursued by both the FBI and Nadi Rood, the head of Rao’s intelligence service. Rising ocean levels eventually threaten America’s vital security interests when Rao begins negotiating with the Chinese to repair an unstable seawall protecting his country’s capital. Rao does so in exchange for the possibility of permitting the Chinese to build a naval base near the Panama canal, thus alarming Washington. Meanwhile, on Paul’s T.V show, poor contestants do not fare well, and it is only the rich guest stars who benefit even though the game provides a mathematically provable equal opportunity for the guest stars and the poor contestant to win. Attempts to improve the show to help the poor contestants take unexpected turns and are unsuccessful. Network executives finally realize the reason the poor contestants are losing. However, behind Paul’s back, they scheme to improve ratings by secretly inserting “ringer” wealthier contestants to bargain against even richer guest stars. The results predictably make the show more entertaining and improve ratings but totally defeat the show’s original purpose of helping the poor. To add to Paul’s challenges, he is at odds with both his estranged wife, Alexa, and with his son, Chris, a failing college student who is a member of an enigmatic Omegas whose activities appear to go beyond traditional fraternity partying and appear to further a decidedly aggressive and leftist political agenda. Paul and Alexa are thrown together when their son’s life is threatened. Paul discovers that the Omegas have tentacles that have ensnarled not only the life of his son, but his own as well. The result is a story of intrigue and personal and political transformation.
About the Author
David Dixon Lentz is a lawyer, part-time college instructor and author who has practiced law in Richmond, Virginia for over 40 years. He also holds a Master’s Degree in Business Administration and has taught finance and international business at the college level.
Buy It Now:
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https://store.bookbaby.com/book/raos-solution
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