Tuesday, September 18, 2012

Quote of the Day, 9/18/2012

"We don't know what the right wage is and perhaps
we shall never know. The world has never approached
industry with the wage motive—from the angle of seeing
how high wages may be—and until it has we shall
not know much about wages."

-Henry Ford page 19

How can we trust the government to set the wage rates and rules if even the owners of business can only try their best at guessing at what is right?


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