Fwd: Velocity of wages

Doug Henwood dhenwood at panix.com
Thu Oct 25 08:23:10 PDT 2001


[sent to me rather than the list]

X-From_: grantlee at iinet.net.au Wed Oct 24 23:44:28 2001 Reply-To: "Grant Lee" <grantlee at iinet.net.au> From: "Grant Lee" <grantlee at iinet.net.au> To: <lbo-talk-approval at lists.panix.com> Subject: Velocity of wages Date: Thu, 25 Oct 2001 11:44:22 +0800 MIME-Version: 1.0 X-Priority: 3 X-MSMail-Priority: Normal X-MimeOLE: Produced By Microsoft MimeOLE V5.50.4133.2400

Hi,

Can anyone recommend literature giving a historical perspective on the velocity of wages? (By which I mean the variables affecting the ratios of money supplies to national wages aggregates.) Marx briefly mentions this in "Value Price and Profit", but I haven't found much else, either before or after his time.

Regards,

Grant.



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