Hours and Conditions

  • J. R. Hicks


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


Monetary Policy Trade Union Real Wage Output Optimum Closed Community 
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  1. 1.
    For a general study of the economics of hours-regulation, see Robbins, “Hours of Labour” (Econ. Jour., March, 1929).Google Scholar
  2. Cf. Clay, “Irresponsibility in Economic Life,” Political Quarterly, January, 1931.Google Scholar

Copyright information

© J. R. Hicks 1963

Authors and Affiliations

  • J. R. Hicks
    • 1
  1. 1.University of OxfordUK

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