Episode 7
1.4. Personnel Management Under an Unhampered Labor Market
Bureaucracy · Mises Institute
May 2, 1944
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Show Notes
The price of labor is a market phenomenon determined by the consumers' demands for goods and services. Virtually every employer is always in search of cheaper labor and every employee in search of a job with higher remuneration.
From Chapter I: "Profit Management". Narrated by Millian Quinteros.
Topics
Free MarketsPricesProduction Theory