Three Lectures on the Rate of Wages

The following Lectures contain little that is not well known to many of my readers and still less that is peculiarly and exclusively appropriate to the present emergency. They were written and delivered in a period of profound tranquillity; but we are now in a state which may require the exertions of every individual among the educated classes and many may have to assist in executing or even in originating measures for the relief of the labouring population who are not yet sufficiently familiar with the principles according to which that relief is to be afforded.Under such circumstances it has appeared to me that advantage might be derived from a short explanation of the ambiguities and fallacies which most obscure the subject of wages - the most difficult and the most important of all the branches of political economy.