Analysis of Mills Principles of Political Economy

Cover Analysis of Mills Principles of Political Economy
Analysis of Mills Principles of Political Economy
Lucian Robert Frederic Oldershaw
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Consequently the wages of each class have hitherto been regulated by the increase of its own population rather than of the general popula- tion of the country. Increased facilities of educa- tion, without any check to population, will probably tend to lower the wages of those just above the grade of labourers.
(iii) Subsidised competition tends to keep down wages in certain employments, e. G. , the numerous opportunities for free education for the Church crowd that profession and produce the wr
...etched wages of curates.
(iv) A similar effect is produced by the competi- tion of persons with independent means of support. This cause acts with, if it does not now take the place of, (iii) in the case of men of letters. There are other inducements than money to enter this career, and consequently it is often followed by persons who do not need its pecuniary fruits at all. This also applies sometimes to the clerical pro- fession, and provides the reason why those trades are generally the worst paid in which the wife and children of the artisan aid in the work.


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