It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage.
Gary Wolfram joins Bob to discuss Gary’s background as an economist in both academia and the political sphere, and why government intervention hurts the people it ostensibly helps.
It is only through the increase in capital goods, i.e., through the enhancement and the expansion of the infrastructure, that labor can become more productive and earn a higher hourly wage.
