Human Action, Part Four, Chapter XXI.Work and Wages && 7-9

Authors

Keywords
human action, work, wage

Summary
The self-sufficient man who works in economic isolation for the direct satisfaction of his own needs only, stops working at the point at which he begins to value leisure, the absence of labor's disutility, more highly than the increment in satisfaction expected from working more. Having satisfied his most urgent needs, he considers the satisfaction of the still unsatisfied needs less desirable than the satisfaction of his striving after leisure.

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Pages: 18
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