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" Functional prices are those that encourage the largest volume of production and the largest volume of sales. Functional wages are those that tend to bring about the highest volume of employment and the largest real payrolls. "

Henry Hazlitt , Economics in One Lesson: The Shortest & Surest Way to Understand Basic Economics


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Henry Hazlitt quote : Functional prices are those that encourage the largest volume of production and the largest volume of sales. Functional wages are those that tend to bring about the highest volume of employment and the largest real payrolls.