Wages Quotes - Page 10

• Each of us wages a private battle each day between the grand fantasies we have for ourselves and what actually happens.

  Cathy Guisewite

  Reality, Battle, Each Day

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• Surely love is both work and wages.

  Richard Baxter

  Love Is

  Richard Baxter (1831). “The Saints' Everlasting Rest”, p.72

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• In individual industries where female labour pays an important role, any movement advocating better wages, shorter working hours, etc., would not be doomed from the start because of the attitude of those women workers who are not organized.

  Clara Zetkin

  Attitude, Important, Pay

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• In raising the price of commodities, the rise of wages operates in the same manner as simple interest does in the accumulation of debt. Our merchants and master manufacturers complain much of the bad effects of high wages in raising the price, and thereby lessening the sale of their goods, both at home and abroad. They say nothing concerning the bad effects of high profits; they are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.

  Adam Smith

  Philosophy, Simple, People

  "An Inquiry into the Nature and Causes of the Wealth of Nations".

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• Ministers have received their wages, and some have their minds too much on their wages. They labor for wages, and lose sight of the sacredness and importance of the work.

  Ellen G. White

  Sight, Mind, Too Much

  4 Copy quote

• The trouble with the profit system has always been that it was highly unprofitable to most people.

  E. B. White

  Business, People, Diversity

  7 Copy quote

• I think that wealthy white people would like to have a country that resembles the Fifties, when all the minorities were tucked away in ghettos and paid in very low wages but on the surface it was very bright and shiny and free and the rest of the world would look on it longingly.

  Alice Walker

  Country, Ghetto, Thinking

  "A long walk to freedom" by Duncan Campbell, www.theguardian.com. February 24, 2001.

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• Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.

  James Surowiecki

  Immigration, Reform, Borders

  "Immigration Reform and the American Worker". www.newyorker.com. February 21, 2013.

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• What an economy really wants, after all, is not more investment per se but better investment. It wants capital to flow to companies that will create value - not in the form of a rising stock price but in the form of more goods for less cost, more jobs, and rising wages - by enhancing productivity.

  James Surowiecki

  Jobs, Cost, Rising

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• What does it say about a president's policies when he has to use a cartoon character rather than real people to justify his record?

  Mitt Romney

  Jobs, Real, School

  "CNN's Jim Acosta Plays Up Romney 'Falling off Message' on Obama and Treason". Interview with Jim Acosta, www.newsbusters.org. May 8, 2012.

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• Many of my students assume that government protection is the only thing ensuring decent wages for most American workers. But basic economics shows that competition between employers for workers can be very effective at preventing businesses from misbehaving.

  Christina Romer

  Government, Competition, Students

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• If increasing income equality is the goal, it might be wiser to put money into infrastructure than to subsidize manufacturing. Construction also pays good wages, but with lower educational requirements. And America's infrastructure needs are enormous.

  Christina Romer

  Educational, America, Goal

  "Do Manufacturers Need Special Treatment?" by Christina Romer, www.nytimes.com. February 4, 2012.

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• While prices of goods continue to rise, American worker's wages remain stagnant.

  Ed Pastor

  Reconstruction, Goods, Workers

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• The discovery of the North Pole is one of those realities which could not be avoided. It is the wages which human perseverance pays itself when it thinks that something is taking too long. The world needed a discoverer of the North Pole, and in all areas of social activity, merit was less important here than opportunity.

  Karl Kraus

  Perseverance, Opportunity, Reality

  9 Copy quote

• A journalist is the lookout on the bridge of the ship of state. He notes the passing sail, the little things of interest that dot the horizon in fine weather. He reports the drifting castaway whom the ship can save. He peers through fog and storm to give warning of dangers ahead. He is not thinking of his wages or of the profits of his owners. He is there to watch over the safety and the welfare of the people who trust him.

  Joseph Pulitzer

  Thinking, Fog, Bridges

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• Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages, and that the possible good to be achieved by such a law can exceed the possible harm only in proportion as its aims are mode.

  Henry Hazlitt

  Law, Numbers, Evil

  "Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics".

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• All wages are based primarily on productive power. Anything else would be charity.

  Elbert Hubbard

  Business, Would Be, Charity

  Elbert Hubbard (1922). “Selected Writings of Elbert Hubbard ...”

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• Economy: cutting down other people's wages.

  J. B. Morton

  Business, Cutting, People

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• It is but a truism that labor is most productive where its wages are largest. Poorly paid labor is inefficient labor, the world over.

  Henry George

  Business, World, Finance

  Henry George (1911). “perplexed philosopher [Herbert Spencer”

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• When a man says he wants to work, what he means is that he wants wages.

  Richard Whately

  Business, Mean, Men

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• The theory of the determination of wages in a free market is simply a special case of the general theory of value. Wages are the price of labour.

  Sir John Richard Hicks

  Determination, Business, Special

  Sir John Richard Hicks (1963). “The theory of wages”

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• The income men derive from producing things of slight consequence is of great consequence. The production reflects the low marginal utility of the goods to society. The income reflects the high total utility of a livelihood to a person.

  John Kenneth Galbraith

  Business, Men, Income

  John Kenneth Galbraith (1998). “The Affluent Society”, p.217, Houghton Mifflin Harcourt

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• Raising minimum wage doesn't just benefit the workers behind me, it creates a proven ripple effect that increases wages all the way up the scale. ... Let's get the facts straight, only 20 percent of people making the minimum wage are teenagers. The rest are hardworking adults, many of them with families, and I mean hardworking.

  Joe Biden

  Teenager, Mean, People

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• Somebody told me ... that he overheard a banker's wife saying her husband was working for free this year-this was 2009. What she meant was, he was just getting his basic salary of £300,000, and no bonus. Their sense of entitlement is, in the proper sense of the word, psychotic.

  John Lanchester

  Business, Husband, Years

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• In short, what the living wage is really about is not living standards, or even economics, but morality. Its advocates are basically opposed to the idea that wages are a market price-determined by supply and demand, the same as the price of apples or coal. And it is for that reason, rather than the practical details, that the broader political movement of which the demand for a living wage is the leading edge is ultimately doomed to failure: For the amorality of the market economy is part of its essence, and cannot be legislated away.

  Paul Krugman

  Essence, Ideas, Apples

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