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Three Lectures on the Rate of Wages

  • Three Lectures on the Rate of Wages by Nassau Senior
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Tags PricesProduction TheoryValue and Exchange

01/08/1966Nassau W. Senior

The labourers form the mass of every community. The inquiry into the causes affecting wages is, therefore, the most important branch of political economy. In the following Lectures the author proposes, first, to explain some ambiguities in the terms high and low wages; secondly, to state the proximate cause which regulates the amount of wages; and lastly, to expose some prevalent errors respecting that cause; leaving the remoter causes, the cause of the proximate cause, for discussion in a subsequent course.

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References

Augustus M. Kelley Publishers, New York, 1966