Free Markets

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Douglas E. French

Shadow work is any work we do that we aren't directly compensated for. What its critics miss is that this shadow work is one of the effects of inflation, along with the government's ongoing effort to prop up the cost of labor with regulations and the minimum wage.

Dan Sanchez
It is more advantageous for Friday to treat Crusoe as the rightful owner of his timber, and to thereby preserve and intensify their division of labor, than it would be to resort to force. Human life is characterized by what Mises called the “universal law” of the greater productivity of the division of labor.