Tag: wages
Productivity and Wages – Econlib
The Importance of Productivity in Improving Standard of Living In a recent article, the concept of productivity and…
Labor Supply and Wages – Stranded Workers Edition
The Power of Collaboration: A New Perspective on Supply and Demand In a recent blog post titled "The…
Trade and Wages – Econlib
In his recent essay at American Compass, Michael Lind attempts to challenge certain aspects of economists' arguments for…
Minimum Wages and the Substitution Effect
The Substitution Effect: A Closer Look at Economics in Action The concept of the substitution effect in economics…
Are low wages a competitive advantage in trade?
Do Low Wages Give Countries an Unfair Advantage in International Trade? Many Americans believe that low-wage countries have…