LAWS OF WAGES 



AN ESSAY IN STATISTICAL ECONOMICS 



By Henry Ludwell Moore 



Professor of Political Economy in 

 Columbia University 



Cloth, SI. 60, net. 



Extract from the Introduction: " In the following chapters 

 I have endeavored to use the newer statistical methods and 

 the more recent economic theory to extract, from data re- 

 lating to wages, either new truth or else truth in such new 

 form as will admit of its being brought into fruitful relations 

 with the generalizations of economic science." 



CONTENTS 



PAGE 



Introduction 1 



Chapter I 



Statistical Laws 



A Scatter Diagram 11 



Definition of Terms 15 



Characteristics of Statistical Laws 21 



Chapter II 



Wages, Means of Subsistence, and the Standard of Life 



Description of Data 26 



Wages and the Means of Subsistence 29 



Wages and the Standard of Life 33 



Wages of Skilled and of Unskilled Laborers 39 



Chapter III 



Wages and the Productivity of Labor 



Description of Data 45 



Fluctuations in the Rate of Wages and in the Value of the Product 46 



(over) 



