Tag: Labor
Tariffs – Labor – Consumer
June 17, 2016
QUESTION: If Donald trump issues a tariff on countries like china will that cause the price of goods from china to go up in price?? Also is he correct by saying it...
Armstrong Economics 101 Q&AWhy Money Need Not Be “Tangible”
September 9, 2015
COMMENT: You said: “The wealth of a nation is the total productivity of its people. If I have gold and want you to fix my house, I give you the gold for...
Ancient Economies Basic Concepts Gold Q&AIt is Interesting How People Define Labor as Communistic
September 7, 2015
It is fascinating how some people interpret “total productive capacity” as only brute labor and thus, communistic. This becomes their argument for...
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