Business Quote by Henry George
“It is but a truism that labor is most productive where its wages are largest. Poorly paid labor is inefficient labor, the world over.”
About This Quote
Source Book: Progress and Poverty, 1879
Labor is most efficient when it is well compensated; low wages reduce productivity globally.
In simple terms: Well-paid work boosts productivity; low pay hurts efficiency.
Key Takeaway
Pay workers fairly to improve output.
Themes
economics
labor
productivity
Mood
analytical
pragmatic
Type
theoretical
policy
When to use this quote
- business management
- policy making
- union negotiations
Key Concepts
fair wages
market efficiency
Questions to Reflect On
- What are the trade‑offs of raising wages?
- How can businesses stay competitive with higher pay?
A Different Perspective
Higher wages may increase costs for employers.
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