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Wages Quotes

It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product Picture Quote #1

Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not wizards, they should not try Picture Quote #1

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 Picture Quote #1

Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism Picture Quote #1

The nation in arms is virtually a communist state: the people must be paid wages and fed and protected and regimented behind the lines as much as on the front. Minds must be kept loyal and at the right pitch of hate, so that successive drafts of fighters are accepted without murmurings. Letters and newspapers must be censored while the propaganda mill grinds on. As for decisions of strategy and overall command, they must please many masters: dissenters in the cabinet, the heads of the allied states and public opinion. Hence failures must be disguised or concealed Picture Quote #1

A journalist is the lookout on the bridge of the ship of state. He notes the passing sail, the little things of interest that dot the horizon in fine weather. He reports the drifting castaway whom the ship can save. He peers through fog and storm to give warning of dangers ahead. He is not thinking of his wages or of the profits of his owners. He is there to watch over the safety and the welfare of the people who trust him Picture Quote #1

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I live in the same house I purchased in 1971 for $22,500. I think we need to increase the minimum wage and so all my neighbors can get an increase in their wages Picture Quote #1

The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour Picture Quote #1

It is but a truism that labor is most productive where its wages are largest. Poorly paid labor is inefficient labor, the world over Picture Quote #1

Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and that the possible good to be achieved by such a law can exceed the possible harm only in proportion as its aims are modest. The more ambitious such a law is, the larger the number of workers it attempts to cover, and the more it attempts to raise their wages, the more likely are its harmful effects to exceed its good effects Picture Quote #1

Salaries and wages must reflect the reality of the enterprise’s economic performance; deviations from the planned performance should be reflected in pay Picture Quote #1

The internal and external ethics of an organization must be the same; you cannot talk about minimum wages for poor people and not pay minimum wages to your own workers Picture Quote #1

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Money does all things for reward. Some are pious and honest as long as they thrive upon it, but if the devil himself gives better wages, they soon change their party Picture Quote #1

Historically in restaurants, the service staff is awarded significantly higher wages than cooks and other staff who prepare the food on which a restaurant’s reputation is based. The gap in pay is so great that it is becoming increasingly difficult for young cooks to pursue their passion at the rate of pay restaurants are able to afford Picture Quote #1

With stagnant hourly wages, the only way for working families to get ahead is by working more hours,... certainly not the path to improving living standards that we’d expect in an economy posting strong productivity gains Picture Quote #1

We can’t continue to look on, when there are entire sectors where there are wages that don’t provide a secure livelihood Picture Quote #1

End up blowing all of his wages for the week, all for a cuddle and a peck on the cheek Picture Quote #1

What we have done though is consistently looked for additional opportunities to get stuff done. Wherever we see a possibility of increasing wages, creating more jobs, making sure that more people are able to access opportunity, we’re gonna seize it Picture Quote #1

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Sincerely to aspire after virtue, is to gain her; and zealously to labour after her wages, is to receive them Picture Quote #1

The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it’s absurd Picture Quote #1

To redeem creation the saint wages war on the entire fabric of creation, with the bare weapons of truth and love Picture Quote #1

The wages of courage is death, lad, but it’s the wages of everything else, too Picture Quote #1

If there must always be a laboring population distinct from proprietors and employers, we regard the slave system as decidedly preferable to the system at wages Picture Quote #1

Productivity is driven at the enterprise level. Better wages, better performing workplaces, are driven at the workplace level Picture Quote #1

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As far as wages are concerned, the only difference between immigration and birth is that birth takes longer Picture Quote #1

Of course, it is not the employer who pays wages. He only handles the money. It is the product that pays wages and it is the management that arranges the production so that the product may pay the wages Picture Quote #1

The bad workmen who form the majority of the operatives in many branches of industry are decidedly of opinion that bad workmen ought to receive the same wages as good Picture Quote #1

When I hear that there are 5,000,000 working women in this country, I always take occasion to say that there are 18,000,000 but only 5,000,000 receive their wages Picture Quote #1

I am convinced that... we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented Picture Quote #1

Reduce the supply of black labor by colonizing the black laborer out of the country, and by precisely so much you increase the demand for and wages of white labor Picture Quote #1

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Text Quotes

It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition. Capital will be set free, business will flourish, new enterprises will start, labor will be in demand, and gradually the wages of labor will rise to a level with its product (Wages Quotes) Even a wizard would have a great deal of difficulty repealing the economic law that higher minimum wages reduce employment. Since politicians are not wizards, they should not try (Wages Quotes) 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 (Wages Quotes) Legal plunder can be committed in an infinite number of ways; hence, there are an infinite number of plans for organizing it: tariffs, protection, bonuses, subsidies, incentives, the progressive income tax, free education, the right to employment, the right to profit, the right to wages, the right to relief, the right to the tools of production, interest free credit, etc., etc. And it the aggregate of all these plans, in respect to what they have in common, legal plunder, that goes under the name of socialism (Wages Quotes) The nation in arms is virtually a communist state: the people must be paid wages and fed and protected and regimented behind the lines as much as on the front. Minds must be kept loyal and at the right pitch of hate, so that successive drafts of fighters are accepted without murmurings. Letters and newspapers must be censored while the propaganda mill grinds on. As for decisions of strategy and overall command, they must please many masters: dissenters in the cabinet, the heads of the allied states and public opinion. Hence failures must be disguised or concealed (Wages Quotes) A journalist is the lookout on the bridge of the ship of state. He notes the passing sail, the little things of interest that dot the horizon in fine weather. He reports the drifting castaway whom the ship can save. He peers through fog and storm to give warning of dangers ahead. He is not thinking of his wages or of the profits of his owners. He is there to watch over the safety and the welfare of the people who trust him (Wages Quotes) I live in the same house I purchased in 1971 for $22,500. I think we need to increase the minimum wage and so all my neighbors can get an increase in their wages (Wages Quotes) The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour (Wages Quotes) It is but a truism that labor is most productive where its wages are largest. Poorly paid labor is inefficient labor, the world over (Wages Quotes) Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and that the possible good to be achieved by such a law can exceed the possible harm only in proportion as its aims are modest. The more ambitious such a law is, the larger the number of workers it attempts to cover, and the more it attempts to raise their wages, the more likely are its harmful effects to exceed its good effects (Wages Quotes) Salaries and wages must reflect the reality of the enterprise’s economic performance; deviations from the planned performance should be reflected in pay (Wages Quotes) The internal and external ethics of an organization must be the same; you cannot talk about minimum wages for poor people and not pay minimum wages to your own workers (Wages Quotes) Money does all things for reward. Some are pious and honest as long as they thrive upon it, but if the devil himself gives better wages, they soon change their party (Wages Quotes) Historically in restaurants, the service staff is awarded significantly higher wages than cooks and other staff who prepare the food on which a restaurant’s reputation is based. The gap in pay is so great that it is becoming increasingly difficult for young cooks to pursue their passion at the rate of pay restaurants are able to afford (Wages Quotes) With stagnant hourly wages, the only way for working families to get ahead is by working more hours,... certainly not the path to improving living standards that we’d expect in an economy posting strong productivity gains (Wages Quotes) We can’t continue to look on, when there are entire sectors where there are wages that don’t provide a secure livelihood (Wages Quotes) End up blowing all of his wages for the week, all for a cuddle and a peck on the cheek (Wages Quotes) What we have done though is consistently looked for additional opportunities to get stuff done. Wherever we see a possibility of increasing wages, creating more jobs, making sure that more people are able to access opportunity, we’re gonna seize it (Wages Quotes) Sincerely to aspire after virtue, is to gain her; and zealously to labour after her wages, is to receive them (Wages Quotes) The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it’s absurd (Wages Quotes) To redeem creation the saint wages war on the entire fabric of creation, with the bare weapons of truth and love (Wages Quotes) The wages of courage is death, lad, but it’s the wages of everything else, too (Wages Quotes) If there must always be a laboring population distinct from proprietors and employers, we regard the slave system as decidedly preferable to the system at wages (Wages Quotes) Productivity is driven at the enterprise level. Better wages, better performing workplaces, are driven at the workplace level (Wages Quotes) As far as wages are concerned, the only difference between immigration and birth is that birth takes longer (Wages Quotes) Of course, it is not the employer who pays wages. He only handles the money. It is the product that pays wages and it is the management that arranges the production so that the product may pay the wages (Wages Quotes) The bad workmen who form the majority of the operatives in many branches of industry are decidedly of opinion that bad workmen ought to receive the same wages as good (Wages Quotes) When I hear that there are 5,000,000 working women in this country, I always take occasion to say that there are 18,000,000 but only 5,000,000 receive their wages (Wages Quotes) I am convinced that... we have reestablished confidence. Wages should remain stable. A very large degree of industrial unemployment and suffering which would otherwise have occurred has been prevented (Wages Quotes) Reduce the supply of black labor by colonizing the black laborer out of the country, and by precisely so much you increase the demand for and wages of white labor (Wages Quotes)

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