Robert Kuttner: Wage

Robert Kuttner is American journalist. Explore interesting quotes on wage.

Robert Kuttner: 46 quotes 0 likes

“We are already well down the road toward a managed-trade regime. It would be far better to acknowledge that reality, and seek a set of reasonable rules, than to pretend that Ricardian trade is the norm and allow mercantilist states to overwhelm U. S. industry and ratchet down wages, in the name of free trade.”

Robert Kuttner

Source: The Economic Illusion (1984), Chapter 3, Trade, p. 124

Reality

“Why, then, should we have to lower our living standards? What is the mysterious source of the economic loss? If productivity is increasing, why should we sacrifice services and wages?”

Robert Kuttner

Epilogue: Politics, p. 272
The Economic Illusion (1984)

Loss

“Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.”

Robert Kuttner

Source: The Economic Illusion (1984), Chapter 4, Labor, p. 169

Cars , Sense

“In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor force will work for the lowest wage.”

Robert Kuttner

Source: The Economic Illusion (1984), Chapter 3, Trade, p. 102

World