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Capitalists have the tendency to move toward those countries in which there is plenty of labor available and at which labor is reasonable. And by the fact that they bring capital into these countries, they bring about a trend toward higher wage rates.

Ludwig von Mises

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Ludwig von Mises
Age: 92 †
Born: 1881
Born: September 29
Died: 1973
Died: October 10
Economist
Philosopher
University Teacher
Writer
Lemberg
Austria
Ludwig Heinrich Edler von Mises
Ludwig Heinrich Mises
Fact
Available
Wage
Moving
Rate
Trends
Facts
Countries
Capitalist
Country
Labor
Tendency
Toward
Capital
Move
Tendencies
Capitalists
Higher
Reasonable
Trend
Bring
Plenty
Rates

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