First published in book form in 1981, this collection of essays
originally written between 1955 and 1966 contains ground-breaking
research and analysis on the study of wages and prices across seven
centuries, with particular reference to builder's wage rates and
the price of a bundle of the commodities on which these wages might
be spent. These seminal contributions to the economics of labour
and economic growth did much to fuel the debate surrounding the
problems of inflation, stability and changes in the purchasing
power of money upon the book's initial publication. These concerns
are every bit as relevant in today's post credit-crunch society and
this reissue will be welcomed by all students of economic history
and labour economics.
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