What’s in a Wage? A New Approach to the Justification of Pay
Faculti Editorial
Bentley University

Jeffrey Moriarty discusses three conceptions of wages; wage as a reward, an incentive and a price of labor. Moriarty shows that each conception of wages has its own normative logic. Image courtesy of Jeffrey Moriarty. Study

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What’s in a Wage? A New Approach to the Justification of Pay