Readers’ Opinions - Times Herald: September 15, 2007.
Many, many, years ago, I took Econ 101 at Cal. During this economics course, I learned the following:
In a laissez-faire economy such as ours, you can set the price for your labor as high as you choose. But, at the same time, you cannot require employers to hire you at your price! During the past 50 years, I have seen this theorem proved - over and over again. If you doubt this, talk to anyone who used to work in the U.S. Auto or Steel industries!
Ray L’Amoreaux
528 Brooke Drive,
Vallejo, CA 94591-6628.
707-642-5389.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment