…cited as proof of their hypothesis. Their wage slogans, “high wages breed high wages,” “no wage reductions,” “cheap wages make cheap men,” and “get more now,” have their origin in…

…much work, and comparatively few hands, wages will rise; if little work, and an excess of hands, wages will fall. Without any mutual arrangement, the manufacturers come to a uniformity…

…the alliance between people who think higher real wages would be good and that steady expected inflation causes lower real wages and the people who concede that lower real wages…

…opponents of mechanization or advocates of short-time working, a reasoning they label as a misconception and which we know today under the label ‘lump of labor’ fallacy ‘. But the…

No one would ever accuse Bernie Sanders of thinking small. The senator from Vermont and Democratic presidential candidate wants to transform one of the world’s most boisterous free-market economies into…

…up their account holders’ assets to market. (The estimation for real-estate and private-business valuations is similar, with market-value estimated based on “comparable” or actual sales, but the markups happen more…

…hours. But if a preponderance of workers choose (or are compelled) to work long hours, they will oversupply the labor market, depressing wages. They may end up working longer hours…

…these countries could not devalue their exchange rates, labor costs had to come down to make their exports competitive. But despite the declines in wages, there has been no corresponding…

…to its private equity owner Cerberus and to other investors. The publicly traded supermarket chain Albertsons will pay a $4 billion special dividend in early November. That will occur if the SEC…

…the GOP attempt to label the Dems as the tax-and-spend party, the GOP turned out to be the tax-cut-and spend-anyway party. Government grew under Bush, even while revenues shrank. The…