The theory of wages /
Material type:
TextPublication details: London : Macmillan, c1963.Edition: 2nd edDescription: xix, 388 pSubject(s): DDC classification: - 331.21 HIC
- HD4909 .H5 1963
| Item type | Current library | Collection | Call number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
Monograph & others
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CBN HQ Library General Stacks | Non-fiction | 331.21 HIC (Browse shelf(Opens below)) | Available | 31008100134150 |
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Includes bibliographical footnotes and index.
The book anticipates a number of developments in distribution and growth theory and remains a standard work in labour economics.
Part I of the book takes as its starting point a reformulation of the marginal productivity theory of wages as determined by supply and demand in full competitive equilibrium of a free market economy. Part II considers regulated labour markets resulting from labour disputes, trade unions and government action. The 2nd edition (1963) includes a harsh critical review and, from Hicks, two subsequent related articles and an extensive commentary.
rpm 14/02/2018
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