The Elements of Economics
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In our eReader you can find the full English version of the book. Read The Elements of Economics 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 The Elements of Economics
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The student may have noticed that our discussion of the law of wages has proceeded upon the assumption that the family is the economic unit, and that the „ ^ •' _ ' The family is remuneration of any class of laborers must be the economic adequate to insure a future as well as a present supply of workers. Whenever the wife and children are able or wilhng to find employment, in the hope of increasing the earnings of the family, it usually happens that, before long, the remuneration of the father ...decreases. This is because it costs less to secure his services and to insure a future supply of workmen like him, when he is no longer obliged to support his entire family out of his earnings. We see here, also, a reason why the wages of women are likely to be less than those of men, even when they perform the same work.^ A woman, in a majority of cases, does not have the burden of supporting an entire family, and her services can consequently be obtained for less than men must, upon an average, receive.
What to read after The Elements of Economics?
You can find similar books in the "Read Also" column, or choose other free books by Bullock, Charles Jesse, 1869-1941 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The student may have noticed that our discussion of the law of wages has proceeded upon the assumption that the family is the economic unit, and that the „ ^ •' _ ' The family is remuneration of any class of laborers must be the economic adequate to insure a future as well as a present supply of workers. Whenever the wife and children are able or wilhng to find employment, in the hope of increasing the earnings of the family, it usually happens that, before long, the remuneration of the father ...decreases. This is because it costs less to secure his services and to insure a future supply of workmen like him, when he is no longer obliged to support his entire family out of his earnings. We see here, also, a reason why the wages of women are likely to be less than those of men, even when they perform the same work.^ A woman, in a majority of cases, does not have the burden of supporting an entire family, and her services can consequently be obtained for less than men must, upon an average, receive.
What to read after The Elements of Economics?
You can find similar books in the "Read Also" column, or choose other free books by Bullock, Charles Jesse, 1869-1941 to read onlineMoreLess
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