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- Search found 2 items for:
- Production Theory
- Art Carden
- Big Government
Mises Daily
Author:
Art Carden
Online Publish Date:
People in the market can compete on many different margins. They can compete by offering higher productivity, or they can compete by offering better products. Perhaps most importantly, people can compete by offering lower prices. In the case of laborers, this often means offering their services at a lower wage. Anyone who has taken an