Labor and Wages

Price controls, tariffs, and wage controls are politically attractive as such powers are to a ruling clique, but they make no sense economically.

With tariffs, favored industries receive more and the entrepreneurs receive less, lowering their profits and making them less likely to take future risks.

Countries with the highest levels of robotization have the lowest unemployment rates.

Alongside the struc­ture of traditional unionism, there begins to grow in its shadow a murky pseudo-unionism of criminal behavior.

The division of labor is what made the West rich and has kept it rich. It's telling that Marx planned to abolish the division of labor altogether.

So impressive is compensation in the U.S. that even fast food businesses are bidding up wages to compete.

If Sanders's job-guarantee program were adopted, the only silver lining to the dark cloud is that it would provide additional evidence that government programs don’t work.

The political influence of labor unions has aimed at the entrenchment of privileged employment and the protection of the officials' "profession."

What the labor group is conveying to the world is that it hates progress.

Discrimination against women is a phenomenon of anti-capitalist and Muslim countries. Protection of women’s rights is a phenomenon of capitalist and Western countries.