Increased Production
Increased Production
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In our eReader you can find the full English version of the book. Read Increased Production Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Increased Production
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The Census of Production (1907), which showed a very low output per individual worker, was the best commentary upon the facts disclosed in the Enquiry into the Earnings of Labour. There is a general consensus of opinion among economists and experienced business men that high wages promote the efficiency cf labour, and therefore increase the National Dividend, the source from which all wages, profits, and rents fiow. " The wages of labour, " declared Adam Smith in a famous passage, " are the enc...ouragement of industry, which, like every other human quahty, improves in proportion to the encouragement it receives. "* As Professor Marshall has pointed out : " It is only in our own generation that a careful study has begun to be made of the effects that high wages have in increasing the efficiency, not only of those who receive them, but also of their children and grandchildren. Highly -paid labour is generally efficient and therefore not dear labour ; a fact which is more full of hope for the future of the human race than any other that is known to ws.
What to read after Increased Production?
You can find similar books in the "Read Also" column, or choose other free books by E Ephraim Lipson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The Census of Production (1907), which showed a very low output per individual worker, was the best commentary upon the facts disclosed in the Enquiry into the Earnings of Labour. There is a general consensus of opinion among economists and experienced business men that high wages promote the efficiency cf labour, and therefore increase the National Dividend, the source from which all wages, profits, and rents fiow. " The wages of labour, " declared Adam Smith in a famous passage, " are the enc...ouragement of industry, which, like every other human quahty, improves in proportion to the encouragement it receives. "* As Professor Marshall has pointed out : " It is only in our own generation that a careful study has begun to be made of the effects that high wages have in increasing the efficiency, not only of those who receive them, but also of their children and grandchildren. Highly -paid labour is generally efficient and therefore not dear labour ; a fact which is more full of hope for the future of the human race than any other that is known to ws.
What to read after Increased Production?
You can find similar books in the "Read Also" column, or choose other free books by E Ephraim Lipson to read onlineMoreLess
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