Wages And Capital - F W Taussig - Bog

Wages and Capital: An Examination of the Wages Fund Doctrine is a book written by economist F.W. Taussig in 1896. The book provides an in-depth analysis of the Wages Fund Doctrine, which was a popular economic theory in the 19th century. The theory stated that wages were determined by a fixed fund of capital that was set aside for the payment of labor. Taussig challenges this theory, arguing that wages are actually determined by the supply and demand of labor in the market. He also examines the role of capital in the economy and its impact on wages. The book is written in a clear and concise style, making it accessible to both students and scholars of economics. It is considered a classic work in the field of labor economics and remains relevant today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.