Chapter I Issues that Depend on Distribution
For students, importance attaches to one economic problem —— that of …
There is a law according to which the income of society is divided into wages, interest and profits.
As the result of …, that which comes to wage-earners is the pay that employers give to them.
The amount of this pay fixes …
The money that a man earns may be thought of as potential well-being condensed into a material form; and if workers now get enough of it to put them on a high plane of comfort, their descendants will probably reach …
The amount … may seem to depend on …
The forces that control the … terms of wage contracts are those which determine the amount of that productive power.
The function of this natural law is to seperate A into B that are …
It causes the whole annual gains of society to distribute themselves into three great sums —— A, B, C.
It consists (entirely) in the establishing and maintaining of efficient relations between the agents of production.
