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.
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions a… - Sumner Slichter
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions a…
- Sumner Slichter
The efficiency of most workers is beyond the control of the management and depends more than has been supposed upon the willingness of men to do thei… - Sumner Slichter
The efficiency of most workers is beyond the control of the management and depends more than has been supposed upon the willingness of men to do thei…
If each year slightly less capital is invested in industry, the time will eventually come when the amount of equipment per laborer and, in consequenc… - Sumner Slichter
If each year slightly less capital is invested in industry, the time will eventually come when the amount of equipment per laborer and, in consequenc…
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