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- Search found 27 items for:
- Production Theory
- George Reisman
Media Asset
Author:
George Reisman
Online Publish Date:
Labor unions work to prevent increases in the productivity of workers, which is ultimately the only way to increase real wages, writes George Reisman. This audio Mises Daily is narrated by Robert
Mises Daily
Author:
George Reisman
Online Publish Date:
“The wealth of the 1 percent provides the standard of living of the 99 percent.” The protesters in the Occupy Wall Street movement and its numerous clones elsewhere in the country and around the world chant that 1 percent of the population owns all the wealth and lives at the expense of the remaining 99 percent. The obvious solution that they
Mises Daily
Author:
George Reisman
Online Publish Date:
[This article is adapted from a section of Chapter 14, specifically pp. 613–18, of the author’s Capitalism: A Treatise on Economics (Ottawa, Illinois: Jameson Books, 1996).] The Marxian doctrine of the alleged arbitrary power of employers over wages appears plausible because there are two obvious facts that it relies on, facts which do not
Journal of Libertarian Studies
Author:
George Reisman
Online Publish Date:
Kevin Carson’s New Book Studies in Mutualist Political Economy centers on the incredible claim, self-contradictory on its face, that capitalism, including laissez-faire capitalism, is a system based on state intervention, in violation of the free market. Volume 20, Number 1 (2006) Reisman, George. “Freedom is Slavery: Laissez-Faire Capitalism is
Mises Daily
Author:
George Reisman
Online Publish Date:
This article is also available as an Audio Mises Daily Many Americans, perhaps a substantial majority, still believe that, irrespective of any problems they may have caused, labor unions are fundamentally an institution that exists in the vital self-interest of wage earners. Indeed, many believe that it is labor unions that stand between the
Mises Wire
Author:
George Reisman
Online Publish Date:
Few issues are more frequently commented on than the shifting of American manufacturing to locations outsides the United States, in order to take advantage of lower foreign wage rates, particularly in Asia. This shifting is what is meant by “offshoring.” With equal or greater frequency lamentations are heard concerning the United States’ chronic
Mises Wire
Author:
George Reisman
Online Publish Date:
A front-page story in today’s [March 14, 2006] New York Times, datelined Biloxi, Miss., reports, The devastation of the coast here remains shocking to the uninitiated eye; towns where people have clearly worked night and day just to remove debris look as though they were hit by a hurricane six days ago, rather than six months. However, just two