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Source link: http://archive.mises.org/21199/mises-daily-monday-february-27-2012/

Mises Daily: Monday, February 27, 2012

February 27, 2012 by

“The Irrelevance of Worker Need and Employer Greed in Determining Wages” by George Reisman

The Marxian doctrine of the alleged arbitrary power of employers over wages appears plausible because there are two obvious facts that it relies on, facts which do not actually support it, but which appear to support it. These facts can be described as “worker need” and “employer greed.”

“The Objectives of Currency Devaluation” by Ludwig von Mises

Governments cannot free themselves from the pressure of public opinion. They cannot rebel against the preponderance of generally accepted ideologies, however fallacious.

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