subsistence wages

  • 51wage theory — ▪ economics       portion of economic theory that attempts to explain the determination of the payment of labour.       A brief treatment of wage theory follows. For full treatment, see wage and salary.       The subsistence theory of wages,… …

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  • 52Southern Africa — Introduction       southernmost region of the African continent, comprising the countries of Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe. The island nation of Madagascar is excluded… …

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  • 53Thomas Malthus — infobox economist school tradition= Classical economics color = #B0C4DE image caption = Thomas Robert Malthus name = Thomas Robert Malthus birth = birth date|1766|2|13 (Surrey, England) death = death date and age|1834|12|23|1766|2|13 (Bath,… …

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  • 54Overpopulation Theories —     Theories of Population     † Catholic Encyclopedia ► Theories of Population     Down to the end of the eighteenth century, very little attention was given to the relation between increase of population and increase of subsistence. Plato (De… …

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  • 55History of economic thought — The history of economic thought deals with different thinkers and theories in the field of political economy and economics from the ancient world to the present day. British philosopher Adam Smith is cited by many as the father of modern… …

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  • 56Political Economy —     Political Economy     † Catholic Encyclopedia ► Political Economy     SCIENCE OF POLITICAL ECONOMY (ECONOMICS).     I. DEFINITIONS     Political economy (Greek, oikonomia the management of a household or family, politike pertaining to the… …

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  • 57Anarchist communism — Not to be confused with Libertarian communism or Libertarian Communism (journal) . Part of a series on Anarcho C …

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  • 58The Wealth of Nations — An Inquiry into the Nature and Causes of the Wealth of Nations is the magnum opus of the Scottish economist Adam Smith. It is a clearly written account of economics at the dawn of the Industrial Revolution, as well as a rhetorical piece written… …

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  • 59Ricardo, David — born , April 18/19, 1772, London, Eng. died Sept. 11, 1823, Gatcombe Park, Gloucestershire British economist. The son of a Dutch Jew, he followed his father into the London stock exchange, where he made a fortune before turning to the study of… …

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  • 60Indonesia — /in deuh nee zheuh, sheuh, zee euh, doh /, n. 1. See East Indies (def. 1). 2. Republic of. Formerly, Netherlands East Indies, Dutch East Indies. a republic in the Malay Archipelago consisting of 13,677 islands, including Sumatra, Java, Sulawesi,… …

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