“If There Is Any Such Thing”: Why read Hoxie on theory?
…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…
…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…
…of Bowie’s oeuvre had provided a level of patronage that’s inconceivable for a musician of Bowie’s bent today…he spent the Nineties as a free agent, jumping from label to label,…
…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…
…wages and salaries? And how much better would the economy be if that happened, and if individuals weren’t saddled with premiums and large out-of-pocket healthcare costs? Josh Barro has an…
…admire the accuracy of article’s heading as a label of its contents until one realizes it is not actually intended as a confession. I wrote to Professor Williams about the…
…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…
by Sandwichman Zero-Sum Foolery 4 of 4: Wage Prisoner’s Dilemma Soon after the wages-fund doctrine fell out of favor with economists, it was immediately attributed to trade unionists under the…
…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…