Economics Quote by Michael Hudson

The higher the wages the fewer the jobs; the lower the wages the more the jobs.

— James Cook

Increased jobs are the consequence of increased trade. Increasing jobs more than output implies a fall in productivity and standards of living. That surely…

— Alan Greenspan

If there's more employment, people buy more.

— Joe Kaeser

In addition to joblessness, of course, by the working of supply and demand, when you have a larger number of people unemployed, wages do…

— Tim Bishop

What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for…

— Arthur Laffer

Obviously, we want people to be paid a wage that could help make ends meet, but when you increase artificially the cost of labor…

— Thom Tillis

It's a mistake to think that any increase in wages is inflationary and there is substantial room for non-inflationary wage growth, particularly at the…

— Jared Bernstein

If you look at the US economy over the last 15-20 years wages have been stagnating or even declining.

— David Korten

In proportion therefore, as the repulsiveness of the work increases, the wage decreases.

— Karl Marx

With the rather stable ratio of labor force to total population, a high rate of increase in per capita product means a high rate…

— Simon Kuznets

“hat are the effects of increasing minimum wages?” asks Paul Krugman. “Any Econ 101 student can tell you the answer: The higher wage reduces…

— Don Watkins

The wage of a people has meaning only when it arises from production. Every increase in production should benefit the whole people and raise…

— Adolf Hitler