“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.” ValuesBusinessCasesSpecialTheoryDeterminationFinanceLabourWagesFree Market Book:The theory of wages Source: The theory of wages
“There is much of economic theory which is pursued for no better reason than its intellectual attraction; it is a good game. We have no reason to be ashamed of that, since the same would hold for many branches of mathematics.” ReasonGamesEconomicTheoryIntellectualEconomicsMathematicsAttractionBranchesAshamedNo ReasonPursuedEconomic Theory Author:Sir John Richard Hicks