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
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
Webster's New International English Dictionary. Новый международный словарь английского языка Webster. 2012