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- Entrepreneurship
- Production Theory
- Art Carden
Mises Daily
Author:
Art Carden
Online Publish Date:
Low wages in developing countries are among the many sins allegedly committed by global capitalism, but few of those making the charge really stop to think about why wages are so low in some developing countries. In his 2007 book The Myth of the Rational Voter , economist Bryan Caplan proposes an interesting thought experiment which suggests that
Mises Daily
Author:
Art Carden
Online Publish Date:
Legislation has outlawed “child labor” in the United States in various manifestations for decades, yet child labor persists for several reasons and through many different channels. While children no longer work in factories or in other occupations, they still work in family businesses (on farms, in family restaurants, etc.), and less obvious