Political Quotes

James Beck: “Everywhere the phenomenon has been observed that, with the highest wages known in the history of modern times, there has…”

On the record
Everywhere the phenomenon has been observed that, with the highest wages known in the history of modern times, there has been an unmistakable lessening of efficiency, and that with an increase in the number of workers, there has been a decrease in output.
Said by
James Beck
Republican · Pennsylvania

Editor's note · Context

Beck discusses the paradox of high wages leading to decreased productivity.

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