Excerpt from The Bargain Theory of Wages
Something like an apology seems due from a writer who ventures to add an essay on the Wages Question to the already enormous number of essays and treatises on that well-worn subject; but the writer has found the lack, for the purposes of teaching advanced students, of such a book as he has endeavored to prepare. There is no treatise presenting in a fairly compact form the problems of wages which it seems desirable to bring before the attention of such students. The systematic treatises and text-books in economics necessarily give but scant treatment to the problem of the evolution of the theory of wages; and the monographs on the wages question are, in general, too polemical and one-sided to be suited even for advanced class work.
The present essay is the outcome of the attempts of the writer, during five years, to analyze the wages question, historically as well as theoretically.
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