Salary is not compensation for labor What do people who work for a company consider their salary and bonus to be compensation for? Some may think it is the price for the pain of labor. Bu… 2023-03-20 Noriyuki Morimoto Procyclicality and emphasis on employment From the outset, the market principle embraces cyclicality. When prices fall, demand increases and prices stop falling. Such automatic adjustment of d… 2023-03-06 Noriyuki Morimoto