THE AMERICA ONE NEWS
Jul 10, 2025  |  
0
 | Remer,MN
Sponsor:  QWIKET 
Sponsor:  QWIKET 
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge.
Sponsor:  QWIKET: Elevate your fantasy game! Interactive Sports Knowledge and Reasoning Support for Fantasy Sports and Betting Enthusiasts.
back  
topic
Mises Institute
Mises Institute
28 Sep 2023


NextImg:Why the "Just Wage" Theory Doesn't Make Much Sense

Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine. 

Original Article: Why the "Just Wage" Theory Doesn't Make Much Sense