The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Wage Goods

  • Ingrid H. Rima
Reference work entry


The concept of ‘wage goods’ had socio-political as well as economic significance in the early history of distribution theory. The ‘necessaries’ that comprised the subsistence of workers set them apart, as a class, from landowners and capitalists who consumed luxuries and conveniences.

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Ingrid H. Rima
    • 1
  1. 1.