Principles of Wage Settlement

'Principles of Wage Settlement' is a comprehensive analysis of the theoretical and practical foundations of wage determination during a pivotal era of industrial development. Written by the esteemed economist Herbert Feis, this work explores the complex mechanisms through which wages are established, focusing on the intersection of economic principles and social justice. The text delves into the various factors that influence wage levels, including supply and demand, the cost of living, and the collective bargaining power of labor organizations.Feis examines the role of industrial arbitration and the ethical considerations involved in settling wage disputes, arguing for a more structured and equitable approach to labor relations. By evaluating historical precedents and contemporary economic theories, the book offers a detailed look at the evolution of wage policy and the challenges of achieving industrial peace. 'Principles of Wage Settlement' remains a significant contribution to the field of labor economics, providing valuable insights into the social and economic dynamics that shape the workforce. It serves as an essential resource for scholars of economic history and those interested in the foundational principles of employment policy and industrial relations.This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you may see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work.This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.