Three Lectures on the Rate of Wages: Delivered before the University of Oxford, in Easter Term, 1830: with a Preface on the Causes and Remedies of the Present Disturbances

Three Lectures on the Rate of Wages: Delivered before the University of Oxford, in Easter Term, 1830: with a Preface on the Causes and Remedies of the Present Disturbances

Three Lectures on the Rate of Wages: Delivered before the University of Oxford, in Easter Term, 1830: with a Preface on the Causes and Remedies of the Present Disturbances

Three Lectures on the Rate of Wages: Delivered before the University of Oxford, in Easter Term, 1830: with a Preface on the Causes and Remedies of the Present Disturbances

Excerpt

The following Lectures contain little that is not well known to many of my readers, and still less that is peculiarly and exclusively appropriate to the present emergency. They were written and delivered in a period of profound tranquillity; but we are now in a state which may require the exer- tions of every individual among the educated classes, and many may have to assist in executing, or even in originating measures for the relief of the labour- ing population, who are not yet sufficiently familiar with the principles according to which that relief is to be afforded.

Under such circumstances, it has appeared to me that advantage might be derived from a short explanation of the ambiguities and fallacies which most obscure the subject of wages--the most difficult and the most important of all the branches of political economy.

My principal object, however, has been to draw attention to the elementary proposition, that the rate . . .

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