Another man Quote by Harold Wilson
“One man's wage increase is another man's price increase.”
About This Quote
Source Speech: House of Commons, Harold Wilson, 1965
Economic changes affect individuals differently; a wage rise for one may increase costs for another.
In simple terms: Wage rise can raise prices.
Key Takeaway
Consider broader impact.
Themes
economics
inflation
fairness
policy
Mood
analytical
concerned
Type
political
economic
When to use this quote
- budgeting
- policy analysis
- business strategy
Key Concepts
distributional effects
cost of living
Questions to Reflect On
- How do wage hikes affect inflation?
- What policies can mitigate price rises?
A Different Perspective
Balancing wages and prices is complex.
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