A History and Criticism of the Various Theories of Wages : Being the Whately Memorial Prize Essay for 1887William McGee, 1888 - 72 Seiten |
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A History and Criticism of the Various Theories of Wages W. D. McDonnell Keine Leseprobe verfügbar - 2017 |
A History and Criticism of the Various Theories of Wages: Being the Whately ... W. D. McDonnell Keine Leseprobe verfügbar - 2017 |
Häufige Begriffe und Wortgruppen
accumulation Adam Smith admits aggregate supply America amount of capital becomes more efficient benefit Cairnes capitalist cheapened cost of producing demand for labour determined doctrine duct earnings of management economic speculation efficiency of labour employed employer England entrepreneur fact fund improvement increment of capital industrial James Mill John Mill Karl Marx labour and capital labourer's labouring population land last increment Longfield margin of cultivation market rate Mill money wages national income natural agents natural price natural rate paid Political Economy principle productive power productiveness of labour Professor Jevons Professor Leslie Professor Rogers Professor Sidgwick Professor Walker proportion rate of interest rate of profit rate of wages reductio ad absurdum REESE LIBRARY regards remuneration rent Ricardian Ricardo says seems share skilled labour supposed surplus value theory of wages tion truth utility VARIOUS THEORIES wages depend wages of labour wages question wages will rise wages-fund theory workmen writers
Beliebte Passagen
Seite 21 - It deserves to be remarked, perhaps, that it is in the progressive state, while the society is advancing to the further acquisition, rather than when it has acquired its full complement of riches, that the condition of the labouring poor, of the great body of the people, seems to be the happiest and the most comfortable.
Seite 2 - Manchester, and compare it with what it was at the close of the last and the commencement of the present century, we shall find that at that period the useful and industrial arts were comparatively of little importance.
Seite 57 - That part of capital then, which is represented by the means of production, by the raw material, auxiliary material and the instruments of labour, does not, in the process of production, undergo any quantitative alteration of value.
Seite 14 - ... in preference, to such employments as hardly require any instruction. Hence the discrepancies that actually obtain in the rate of wages are confined within certain limits — increasing or Diminishing it only in so far as may be necessary fully to equalize the unfavourable or favourable circumstances attending any employment.
Seite 7 - It is complained that the quotient is too . . < ^ ;it small. Well, then, how many ways are there to make a quotient larger? Two ways. Enlarge your dividend, the divisor remaining the same, and the quotient will be larger : lessen your divisor, the dividend remaining the same, and the quotient will be larger.
Seite 35 - ... the wages of a working man are ultimately coincident with what he produces after the deduction of rent, taxes, and the interest of capital.
Seite 20 - The demand for those who live by wages, therefore, necessarily increases with the increase of the revenue and stock of every country, and cannot possibly increase without it. The increase of revenue and stock is the increase of national wealth. The demand for those who live by wages, therefore, naturally increases with the increase of national wealth, and cannot possibly increase without it.
Seite 41 - ... General Walker's Theory of Profits ; but there is, I think, a real though small difference between us. I do not regard the analogy between rent and the earnings of exceptional ability as confined to the task of business management. I hold that, whatever be a man's occupation, that part of his earnings " which he owes to his education may be regarded as a kind of profit on the capital invested in it ; that part which he owes to exceptional natural qualities may be regarded as a kind of rent, —...
Seite 15 - Partly from this cause and partly from the natural and artificial monopolies which will be spoken of presently, the inequalities of wages are generally in an opposite direction to the equitable principle of compensation erroneously represented by Adam Smith as the general law of the remuneration of labour. The hardships and the earnings, instead of being directly proportional, as in any just arrangements of society they would be, are generally in the inverse ratio to one another.
Seite 32 - The objection might indeed be raised that in this passage Longfield is not quite clear as to the exact relation between profits and wages. Of the truth of his fundamental proposition, however, he is assured. Wages are intimately connected with product. The true theory of wages, in other words, is...