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On Wages And Combination

by Robert Torrens


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Book Description
In this treatise, Torrens analyzes the economic principles of wage determination and the effects of mechanization and combination (both of employers and labor) on wages with applications to controversies on limitation of working hours, increasing wages and abolition of the Corn Laws. It has been characterized as on the three works in which Torrens "ascended into the rarified air of pure theory" (J.A. Schumpeter History of Economic Analysis).

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