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Jun 9, 2006

8. Labor Market Superstitions

from Liberty and American Civilization Hosted by Thomas J. DiLorenzo

There are labor market myths and there are labor union myths. The biggest myth is that capitalists always exploit the working class. Basic economics about marginal productivity theory contradicts this. Examples abound in all areas. Lecture 8 of 10 from the Steven Berger Seminar: Thomas DiLorenzo on Liberty and American Civilization.

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There are labor market myths and there are labor union myths. The biggest myth is that capitalists always exploit the working class. Basic economics about marginal productivity theory contradicts this. Examples abound in all areas.

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8. Labor Market Superstitions

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