Quotation of the Day…

by Don Boudreaux on September 20, 2019

in Competition, Prices, Reality Is Not Optional, Work

… is from page 105 of the 2004 Liberty Fund edition of David Ricardo’s 1817 treatise, On the Principles of Political Economy and Taxation:

Like all other contracts, wages should be left to the fair and free competition of the market, and should never be controlled by the interference of the legislature.

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