...and quality of labour. Most of them will certainly go no further than Professor MARSHALL, who says that " an increase of wages, unless earned under unwholesome...conditions, almost always increases the strength, physical and mental, and even moral, of the coming generation." Are we then quite in the dark with respect to...

...increase of wages, unless earned General under unwholesome conditions, almost always increases the "" lon' strength, physical, mental and even moral of the coming...rate of growth; or, in other words, a rise in its demand-price increases the supply of it. If the state of knowledge, and of social and domestic habits...

...ii, 3. General conclusion. \ The influences of demand and supply on wages arecoordinat<>. I \ '• We conclude then that an increase of wages, unless...earnings that are to be got by labour increases its rate & of growth; or, in other words, a rise in its demand-price increases the supply of it. If the state...

...embodiment of material and moral progress. Their extent varies from age to age and from place to place. Most of that expenditure which is not strictly economical...rate of growth; or, in other words, a rise in its demand-price increases the supply of it.1 Standard of Life The term the standard of life is here taken...

...unless earned Generai under unwholesome conditions, almost always increases the conclusion. strengtn) physical, mental and even moral of the coming generation;...rate of growth; or, in other words, a rise in its demand-price increases the supply of it. If the state of knowledge, and of social and domestic habits...

...it is true, held a candle into this gloom with the dynamic view that — an Increase of wages » * * almost always Increases the strength, physical. mental, and even moral of the coming generation; and, other things beintc equal, an increase in the earnings * * * by labor increases its rate of growth...

...tends to be more elastic in relation to earnings in backward countries.67 The general conclusion is that an increase of wages, unless earned under unwholesome...rate of growth; or, in other words, a rise in its demand-price increases the supply of it. If the state of knowledge, and of social and domestic habits...

...Marshall argues that such improvement will have cumulative effects on the workforce: '. . . an increase in wages unless earned under unwholesome conditions,...strength, physical, mental, and even moral, of the coming generations' (p. 532). Marshall prescribes direct government intervention to achieve the abovestated...

...grand-children.' He believed that parents would spend higher pay on improving their children and 'an increase in wages, unless earned under unwholesome conditions,...physical, mental and even moral of the coming generation' (Marshall 1895: 1135). Remembering such alternative stories of what we may call social hysteresis is...

...efficiency. Higher real wages were even self-generating; the higher they went, the higher they would go: 'We conclude then that an increase of wages, unless...to be got by labour increases its rate of growth.'" Sources of higher real wages were better technique, additional capital, better education which increased...