If each year slightly less capital is invested in industry, the time will eventually come when the amount of equipment per laborer and, in consequence, the productivity and the wages of labor are less than they otherwise would be. — Sumner Slichter Copy Share Image
The efficiency of most workers is beyond the control of the management and depends more than has been supposed upon the willingness of men… — Sumner Slichter Copy Share Image
If each year slightly less capital is invested in industry, the time will eventually come when the amount of equipment per laborer and, in… — Sumner Slichter Copy Share Image
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing… — Sumner Slichter Copy Share Image
