Iron-law-of-wages


noun, Economics.
1.
the doctrine or theory that wages tend toward a level sufficient only to maintain a subsistence standard of living.

Read Also:

  • Iron-lung

    noun 1. a chamberlike respirator, formerly used in the treatment of poliomyelitis, that encloses the whole body except the head and in which alternate pulsations of high and low pressure induce normal breathing movements or force air into and out of the lungs. noun 1. an airtight metal cylinder enclosing the entire body up to […]

  • Iron-maiden

    noun 1. a medieval instrument of torture fashioned as a box in the shape of a woman, large enough to hold a human being, and studded with sharp spikes on the inside. noun 1. a medieval instrument of torture, consisting of a hinged case (often shaped in the form of a woman) lined with iron […]

  • Ironman

    HOLWG, DoD, Jan 1977, revised Jul 1977. Fourth of the series of DoD requirements that led to Ada. “Department of Defense Requirements for High Order Computer Programming Languages”, SIGPLAN Notices 12(12):39-54 (Dec 1977). “Revised Ironman Requirements for High Order Computer Programming Languages”, US Dept of Defense, Jul 1977. (See Strawman, Woodenman, Tinman, Steelman).

  • Iron-man

    noun 1. a person, as a worker or athlete, of great physical endurance who can be depended upon to perform a given task or job tirelessly. 2. a machine that performs a job formerly done by hand; robot. 3. Slang. a dollar bill or a silver dollar. [rip-kuh n] /ˈrɪp kən/ noun 1. Calvin Edward, […]

  • Ironmaster

    [ahy-ern-mas-ter, -mah-ster] /ˈaɪ ərnˌmæs tər, -ˌmɑ stər/ noun, Chiefly British. 1. the of a foundry or ironworks; a manufacturer of . /ˈaɪənˌmɑːstə/ noun 1. (Brit) a manufacturer of iron, esp (formerly) the owner of an ironworks


Disclaimer: Iron-law-of-wages definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.