Episode 32 - The Wealth of Nations 1.8 - Wages of Labor
Okay, Let Me Tell You Why You're Wrong: A Podcast for Understanding Economics
English - April 23, 2018 22:50 - 58 minutes - 66.9 MB - ★★★★★ - 17 ratingsEducation Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 31 - The Economics of Immigration
Next Episode: Episode 33 - Market Power
We're back to Adam Smith with The Wealth of Nations Book 1 Chapter 8: Of the Wages of Labor. We go through Adam Smith's thoughts on how wages are determined, as well as the importance of wages on the economy as a whole. If you feel like you're being underpaid, this episode is for you.
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