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Home | Library | Wage Rates as Affected by the Vicissitudes of the Market

Wage Rates as Affected by the Vicissitudes of the Market

  • Audio Mises Daily
August 13, 2010

Tags Philosophy and MethodologyProduction TheoryValue and Exchange

It is good luck for the laborer if market conditions are such that a kind of work he is able to perform is lavishly remunerated; it is chance, not personal merit, if his innate talents are highly appreciated by his fellow men, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.


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