There's a piece from Forbes a few years back which claims this thesis is bunk.  Might be a place for a student to begin.



On Thu, Apr 25, 2019 at 6:43 PM Scott McConnell <[log in to unmask]> wrote:

Does anyone have any recommendations on anything having to do with Ford paying his workers relatively well to incentivize demand? Asking for a student.

Thank you,

Scott McConnell
Scott McConnell, PhD.
Associate Professor of Economics
College of Business
210 Zabel Hall
Eastern Oregon University
One University Boulevard
La Grande, OR 97850
Tel.: (541) 962-3340
Fax: (541) 962-3898

Brian Eggleston, Ph.D.
Department of Economics
Augustana University
Sioux Falls, SD 57197

Expose yourself to your deepest fear; after that, fear has no power and the fear of freedom shrinks and vanishes.  You are free.      Jim Morrison (The Doors)