 Economists and Australian Wage policy Before World War IIKeith Hancock ()
Australian Journal of Labour Economics (AJLE), 2004, vol. 7, issue 4, 413-438 Abstract: Before the 1920s, Australian economics was virtually non-existent; but in the twenty years before World War II there was a conspicuous growth in the body of professional economists, located mainly in the universities. The system of wage fixation caught the attention of some of them. The paper discusses the economists’ commentaries on and contributions to wage policy in relation to (1) proposals in the 1920s for relating money wages to ‘productivity’, (2) emerging and somewhat novel ideas about the tariff, (3) the depression and (4) post-depression recovery. Although most of the economists’ ideas were worked out in local debate, the paper notes the comments on Australia’s wage policies by J.M. Keynes and the role of W.B. Reddaway in his brief sojourn in Australia. Keywords: History of Economic Thought since 1925; Wages, Compensation and labor costs: public policy (wage subsidies, minimum wage legislation); Economic history: labor and consumers, demography, education, income and wealth: Asia including Middle East (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ozl:journl:v:7:y:2004:i:4:p:413-438 Access Statistics for this article More articles in Australian Journal of Labour Economics (AJLE) from Bankwest Curtin Economics Centre (BCEC), Curtin Business School Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.