TY - BOOK AU - Hicks,John R. TI - The theory of wages AV - HD4909 .H5 1963 U1 - 331.21 PY - 1963/// CY - London PB - Macmillan KW - Wages KW - Labor economics KW - Unemployed KW - Labor unions N1 - Includes bibliographical footnotes and index N2 - 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 ER -