bn:02385149n
Noun Concept
Categories: Classical economics, Economics laws, Ferdinand Lassalle, Labour economics
EN
iron law of wages  Brazen law of wages  Iron law of labor  subsistence theory of wages  Substinence wage
EN
The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. Wikipedia
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EN
The iron law of wages is a proposed law of economics that asserts that real wages always tend, in the long run, toward the minimum wage necessary to sustain the life of the worker. Wikipedia
Proposed law of Economics Wikidata