by Summary:
Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine. Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense [embedded content] Tags: Featured,newsletter
Topics:
Ryan McMaken considers the following as important: 6b) Mises.org, Featured, newsletter
This could be interesting, too:
Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine. Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense [embedded content] Tags: Featured,newsletter
Topics:
Ryan McMaken considers the following as important: 6b) Mises.org, Featured, newsletter
This could be interesting, too:
Nachrichten Ticker - www.finanzen.ch writes Die Performance der Kryptowährungen in KW 9: Das hat sich bei Bitcoin, Ether & Co. getan
Nachrichten Ticker - www.finanzen.ch writes Wer verbirgt sich hinter der Ethereum-Technologie?
Martin Hartmann writes Eine Analyse nach den Lehren von Milton Friedman
Marc Chandler writes March 2025 Monthly
Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.
Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense
Tags: Featured,newsletter