Who Decides?

Posted: September 8, 2015 in Economics
Tags: , , , , , , , ,

“Logically, there are only two possibilities.  Either wages are determined by a free give-and-take between those who offer their labor and those who want to buy it. Or someone sets wages according to his own standards.   The do-gooders want to use other people’s money to raise the wages of the least well paid, but they make no mention of their own.” -Bill Bonner

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