Why the “Just Wage” Theory Doesn’t Make Much Sense
Just-wage theory tells us that an employer cannot reduce his workers’ wages below some presumed “cost of living.” Ye Read More Article from Mises Wire Mises InstituteThe Mises Institute’s website is a treasure trove for enthusiasts of Austrian economics, libertarian philosophy, and classical liberalism. Serving as both an educational platform and a research resource, the site offers […]