brazen law of wages

brazen law of wages

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Universalium. 2010.

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  • brazen law of wages — iron law of wages * * * Econ. See iron law of wages …   Useful english dictionary

  • iron law of wages — Etymology: intended as translation of German ehernes lohngesetz, literally, brazen law of wages : a statement in economics: wages naturally tend to fall to the minimum level necessary for subsistence called also brazen law of wages * * * Econ.… …   Useful english dictionary

  • iron law of wages — Econ. the doctrine or theory that wages tend toward a level sufficient only to maintain a subsistence standard of living. Also called brazen law of wages. [1895 1900] * * * …   Universalium

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