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THE WORLD SPIRIT - Part 2:
Studies of Economic Change
BEGIN:
Preparation
Chapter 1:
Assumptions
Chapter 2:
Demography
Chapter 3:
Unemployment
Chapter 4:
Worst Case
Chapter 5:
Life Cycle
Chapter 6:
Wage Spiral
Chapter 7:
Labor Demand
Chapter 8:
Labor Market
Chapter 9:
Inequality
Goals and
Measures
Conclusion/
Others
Chapter 6:
Wage Spiral
» High Wages
» Graphic
SUBCHAPTER
INTRODUCTION
High Wages
» Graphic
» Explanation
Low Wages
» Graphic
» Explanation
SUMMARY
CONSEQUENCES
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High Wages
Maximum social welfare and a society of leisure time due to high wages
