4 ms·
People are paid in goods/services, fundamentally. As production per hour of labor increases, so does wages, since there are fewer hours chasing more goods.
by CryptoPunk 4y ago
People are paid in goods/services, fundamentally. As production per hour of labor increases, so does wages, since there are fewer hours chasing more goods.
- pretendscholar 4y agoThat hasn't been true in 50 years