|
Suggest an Entry under this Topic | | Reference |
Labour (economics) - Wikipedia, the free encyclopedia
"In classical economics and all micro-economics labor is a measure of the work done by human beings and is one of three factors of production, the others being land and capital. There are macro-economic system theories which have created a concept called human capital (referring to the skills that workers possess, not necessarily their actual work), although there are also counterposing macro-economic system theories that think human capital is a contradiction in terms. ..." |
| Articles |
On Equality and Inequality, by Ludwig von Mises, Modern Age, 1961
Related Topics: Rights, Capitalism, Compulsory Education, Entrepreneurship, Government, Socialism
"What has multiplied the 'productivity of labor' is not some degree of effort on the part of manual workers, but the accumulation of capital ... Man could not survive as a human being without manual labor. However, what elevates him above the beasts is not manual labor and the performance of routine jobs, but speculation, foresight that provides for the needs of the &mdash always uncertain &mdash future." |
The French Employment Fiasco, by Llewellyn H. Rockwell, Jr., Mises.org Daily Article, 11 Apr 2006
Related Topics: Unemployment, France
"These kinds of practices — brought about by regulation — have acculturated French workers into misunderstanding the nature of the labor contract. In a free market it is a mutually beneficial exchange like any other that takes place between a buyer and a seller. Both come to the bargaining table with equal power and they only make the exchange if both sides expect to benefit." |
| Books |
Forbidden Grounds: The Case Against Employment Discrimination Laws
by Richard A. Epstein, 1992 |
|
|
Free Choice for Workers: A History of the Right to Work Movement
by George C. Leef, Sep 2005 |
|
| |
|
