You can have a wages policy imposed by mass unemployment.

In the 1930s one was aware of two great evils - mass unemployment and the threat of war.

— James Meade

Permanent mass unemployment destroys the moral foundations of the social order. The young people, who, having finished their training for work, are forced to…

— Ludwig von Mises

Our whole economy and society is already being changed by the fact that we have increasing unemployment, mass unemployment and that's what we're facing…

— Gemma Chan

It's a European Union of economic failure, of mass unemployment and of low growth.

— Nigel Farage

My job was to teach the whole corpus of economic theory, but there were two subjects in which I was especially interested, namely, the…

— James Meade

I'm not yet convinced that we will face an unemployment problem created by AI. There will certainly be some occupations eliminated - drivers of…

— David Autor

“Commentary would come to life in 1945 amid widespread predictions that mass unemployment would resume as soon as war production ebbed. But it wouldn’t…

— Benjamin Balint

People have long feared that mechanization might cause mass unemployment. This never happened because, as old professions became obsolete, new professions evolved, and there…

— Yuval Noah Harari

The recurrence of periods of depression and mass unemployment has discredited capitalism in the opinion of injudicious people. Yet these events are not the…

— Ludwig von Mises

“Thirty years of "crisis," mass unemployment, and flagging growth, and they still want us to believe in the economy. . . . We have…

— The Invisible Committee

Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition.

— Milton Friedman

My message is that the counterclaim - which is that if wages go up, employment will go down - is a scam. It's a…

— Nick Hanauer

If we as a society want to cure unemployment, raise real wages, and in other ways improve our economy, we will base public policy…

— Walter Block

So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity…

— Paul Krugman

Julia progresses from cradle to grave, showing how government makes every good thing in her life possible. The weak economy, high unemployment, falling wages,…

— Mitt Romney