From Mises Institute <[email protected]>
Subject One Way that "Just Wage" Advocates Get It Wrong
Date September 2, 2023 11:29 AM
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** September 2, 2023
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** By Ryan McMaken
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** Why the "Just Wage" Theory Doesn't Make Much Sense ([link removed])
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Just-wage theory tells us that an employer cannot reduce his workers' wages below some presumed "cost of living." Yet, that same employer can be permitted to reduce the worker's wage to zero if the worker has been replaced by a machine.

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** By Jonathan Newman
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** Why Stabilization Policy is Destabilizing ([link removed])
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The call for "price stabilization" was part of the recent Republican debate. Despite its attractive appearance, having the Fed try to "stabilize prices" is a very bad idea.

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** Robert P. Murphy | Peter Lewin
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** Updating Böhm-Bawerk and Fixing Finance ([link removed])
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Peter Lewin joins Bob to discuss his work on uniting Austrian capital theory with mainstream finance.

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