The Theory of Wages: And Its Application to the Eight Hours Question and Other Labour Problems (Classic Reprint)
Language: English
Published by Forgotten Books, 2019
- Hardcover
- New

Seller: PBShop.store UK, Fairford, GLOS, United KingdomPBShop.store UK
AbeBooks seller since June 11, 1999
Condition: New
US$ 39.76
Quantity: 15 available
Add to basketItem description from seller
New Book. Shipped from UK. Established seller since 2000.
Seller Inventory # LX-9780656358748
- Title
- The Theory of Wages: And Its Application to the Eight Hours Question and Other Labour Problems (Classic Reprint)
- Author
- Herbert M. Thompson
- Publisher
- Forgotten Books
- Publication year
- 2019
- Condition
- New
- Binding
- HRD
- Language
- English
- ISBN 10
- 0656358742
- ISBN 13
- 9780656358748
- Item weight
- 458 grams
Wages are shaped by more than hours worked, and this book lays out how to understand that reality.
This concise volume argues that the wage a worker receives comes from more than the daily tally of hours. It presents a unified view of how the total product of industry is shared among labor, capital, land, and organizing power, and how those shares move with supply and demand. The author surveys common theories and explains why the wage is not simply a fixed residue but part of a broader system of distribution.
Readers will get a clear outline of how wages interact with rent, profits, and the forces that determine the value produced by workers. The book also discusses practical ideas, including how different wage arrangements can influence productivity and living standards, and how profit-sharing might affect both workers and employers in real-world settings. It includes critical examinations of established doctrines and shows how to approach wage problems with careful analysis rather than guesswork.- A practical framework for analyzing how changes in production, demand, and employment affect wages
- A critique of traditional wage theories and an explanation of the “universal dividend” concept
- Discussion of rent, profits, interest, and how they relate to workers’ pay
- Considerations of wage mechanisms such as profit-sharing as potential complements to wages
- Guidance on applying economic ideas to real-world wage questions without overpromising outcomes
"Synopsis" may belong to another edition of this title.
PBShop.store UK
Fairford, GLOS, United Kingdom
AbeBooks seller since June 11, 1999
Shipping rates from United Kingdom to U.S.A.
| Item | 10 to 20 business days | 10 to 20 business days |
|---|---|---|
| First item | US$ 5.56 | US$ 5.56 |
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Hardbacks, PaperbacksSeller's business information
Pbshop.co.uk
Unit 22 Horcott Industrial Estate, Horcott Road
Fairford, United Kingdom GL7 4BX
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