About this book
Herbert Feis's The Settlement of Wage Disputes offers a sharp, historically grounded exploration of how wages are determined and how fair, durable settlements can be achieved in modern industry. Drawing on post–World War I America, Feis combines economic theory with empirical study to map the forces shaping wage levels—from market conditions and employer practices to organization, legislation, and social expectations.
Part analysis, part policy blueprint, this classic work of economics and political economy applies rigorous social science methods to the perennial problem of labor conflict. Feis outlines the industrial situation of his era, teases apart the factors that govern wage changes, and proposes principled mechanisms for resolving disputes that aim to prevent recurring unrest. Some chapters delve into technical economic analysis, while others translate theory into practical institutional recommendations.
Ideal for students of labor history, economists, policymakers, union leaders, and anyone interested in industrial relations, this audiobook offers clear, historically informed insight into wage policy and dispute resolution. Listen to gain a disciplined, practical framework for understanding and addressing wage disputes in any age.
