Archive for F. A. Harper

Why Wages Rise: 10. Leisure and the Better Life

This article will deal with leisure and its relation to wage rates.

1Dec1956 | | 0 comments | Continued

A Seeming Paradox About Inflation

Dr. Harper is a member of the staff of the Foundation for Economic Education. “You say that it is inflationary for the government to sell its bonds in order to finance a deficit in its budget. But I have also heard it said that it is inflationary when the government buys bonds. How can that [...]

1Dec1956 | | 0 comments | Continued

Why Wages Rise: 9. Losing Pay Through Fringe Benefits

Dr. Harper is a member of the staff of the Foundation for Economic Education.       The previous article discussed the worth of a free hand in the spending of one’s own wage income. When you can’t use your income for things of your choice, its worth is lessened to you.       It [...]

1Nov1956 | | 0 comments | Continued

Some Observations At the Iron Curtain

Dr. Harper is a member of the staff of the Foundation for Economic Education. Here one may compare life in the planned society with that of comparatively free people. Berlin, Germany, August 31—Today I visited East Berlin. and there hangs an interesting and tragic story, in the opinion of this observer at least. The trip [...]

1Nov1956 | | 0 comments | Continued

Letters

Excerpts From Correspondence of Interest to Libertarians On Ownership Editor’s Note: Dr. H——, a retired missionary teacher, is writing a book on Christianity and free enterprise. The following letter was in response to his question about the origin of ownership. “Does the right of ownership to a thing depend on my having labored for it?” [...]

1Oct1956 | | 0 comments | Continued

Why Wages Rise: 8. The Cost of Being Governed

Dr. Harper is a member of the staff of the Foundation for Economic Education. In the preceding articles in this series, your wages have been spoken of as though they were entirely composed of money in the pay envelope which you could spend as you wish. They have been discussed as though each dollar could [...]

1Oct1956 | | 0 comments | Continued

Why Wages Rise: 7. Contracting For Progress

  Dr. Harper is a member of the staff of the Foundation for Economic Education. Money, the lubricant for exchange, was discussed in the previ­ous article in this series. Money makes widespread trade pos­sible. Without it our present high level of wages could hardly have come to be. Yet, serious inflation and deflation can cause [...]

1Sep1956 | | 0 comments | Continued

Why Wages Rise: 6. The Lubricant for Exchange

Dr. Harper is a member of the staff of the Foundation for Economic Education. In the market we find persons trading the fruits of their special abilities with one another. Each does whatever economic task he can do best. He creates a surplus beyond his own needs. He then trades this with others who are [...]

1Aug1956 | | 0 comments | Continued

Why Wages Rise: 5. Doing What You Can Do Best

Dr. Harper is a member of the staff of the Foundation for Economic Education. In the previous article it was shown how the rise in wages has been due in large measure to the aid of tools that use the stored energy from the sun. Energy used to assist each man-hour of labor has increased [...]

1Jul1956 | | 0 comments | Continued

Why Wages Rise: 4. Tools to Harness Energy

F. A. Harper is a member of the staff of the Foundation for Economic Education. The first two articles in this series dealt with the effect on wages of (1) union membership and (2) productivity. The third dealt with the division of the total product between pay for current effort and pay for the use [...]

1Jun1956 | | 0 comments | Continued

Why Wages Rise: 3. Dividing The Pie

Dr. Harper is a member of the staff of the Foundation ]or Economic Education. Real wages in the United States are about five times as high as they were a century ago. The first in this series of articles showed that this rise apparently is not, as commonly believed, due to the growth of labor [...]

1May1956 | | 1 comment | Continued

Why Wages Rise: 2. Productivity

Dr. Harper is a member of the staff of the Foundation for Economic Education. Editor’s Note: In the first article of this series (March 1956 issue) it was shown that unions have no perceptible influence on national wage rates, if we may judge from changes in union membership and wage rates over the last century. [...]

1Apr1956 | | 2 comments | Continued

Why Wages Rise: 1. Labor Unions?

Dr. Harper is a member of the staff of the Foundation ]or Economic Education. Wage rates are higher in the United States than in any other country. and they are about five times as high here as they were a century ago, in purchasing power. Many explanations of this phenomenal rise have been attempted. Dr. [...]

1Mar1956 | | 0 comments | Continued

The Graduated Gadinkus Tax

Dr. Harper is a member of the staff of the Foundation for Economic Education. It was New Year’s Day and Alonzo Brown had a headache. Not because he had imbibed too much, for he was a teetotaler. His head ached because he was making out his federal income tax return. The further he figured, the [...]

1Mar1956 | | 0 comments | Continued

A New Scheme

Dr. Harper is a member of the staff of the Foundation for Economic Education. A new scheme is afoot by which the people of the United States—rich and poor alike are likely to become trapped into financing national socialism abroad. This is the pattern: It all starts innocently enough. Private investors here would gladly pour [...]

1Feb1956 | | 0 comments | Continued

Why Pay For Things?

Dr. Harper is a member of the staff of the Foundation for Economic Education. “Why do we have to pay for things?” asked a five-year-old boy at dinner one evening. Probably his question was prompted by the suffering of privation endured by all small boys, with their many wants to be served by few pennies. [...]

1Jan1956 | | 0 comments | Continued

Roots Of Economic Understanding

Dr. Harper is a member of the staff of the Foundation for Economic Education. The game of economics in the United States is something like a ball game where the home team fails to score. The record shows a lack of economic understanding. Despite the abundance of material splendor parading before us in the show [...]

1Nov1955 | | 0 comments | Continued
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