Work and Welfare: The Social Costs of Labor in the History of Economic Thought
No Customer Reviews
This interesting work presents a unique perspective on the history of economic thought by showing that classical economists from Adam Smith to Alfred Marshall had sympathy for workers - for example, the theory of the subsistence wage echoed the theological call for a just wage that existed in the middle ages. It also describes how these thinkers promoted either a set of social obligations or a form of social insurance to assist workers. These economic thinkers of the past argued that a subsistence standard of living was important to maintain and improve workers' efficiency and to raise healthy families. The notion that these writers had an undeveloped theory of social costs that they applied to labor should appeal to economists and others concerned with the plight of workers as the modern economy restructures itself.
Format:Hardcover
Language:English
ISBN:0387547851
ISBN13:9780313297380
Release Date:February 1996
Publisher:Praeger
Length:240 Pages
Weight:1.13 lbs.
Dimensions:0.6" x 6.1" x 9.2"
Related Subjects
Business Business & Investing Economics Political Science Politics & Social SciencesCustomer Reviews
0 rating
Copyright © 2025 Thriftbooks.com
Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
