Austin, Bertram H., and Lloyd, W.F. The Secret of High Wages. Dodd. 1926. 124 pp.
In 1925, at a time of great industrial depression in Britain, the authors, two English engineers, came to the United States in an effort to discover the secret of our unprecedented prosperity. Their inquiry was mainly concerned with the causes of high wages in industry combined with low cost of production. The book was originally a confidential report, but was published following a suggestion from the City Editor of the London Times.
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