05/19/2017
What Henry Ford understood about wages
http://feeds.feedblitz.com/~/323773503/0/sethsblog~What-Henry-Ford-understood-about-wages.html
Every time Ford increased the productivity of car production (in one three-year period, he lowered labor costs by 66% per car), he also raised wages. Not merely because it's the right thing to do. He did it because well-paid workers...