The only subject which now remains for us to discuss is one that need give us very little trouble. All the principles, on which an examination of the effects of regulation in the field of hours and conditions must be based, have already been investigated in other connections. There is no need for us to go over yet again ground which is by now sufficiently well trodden. We may confine ourselves to making directly the necessary deductions, without discussing them in detail.1
KeywordsMonetary Policy Trade Union Real Wage Output Optimum Closed Community
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