W

Wages

determination of, 271, 739, 783

iron law of, 20n, 601, 739

labor and, 589–593, 673

purchasing power argument of, 298–299

rates

expansion of production and, 298, 768

fixing, 811–812

gross and net, 598–600

historical explanation and regression theorem compared, 606

just price and, 620, 721, 722

market effect of, 619–620

minimum, 763–773

Prussian Historical School and, 603

real, 364, 546, 605

rise in, 550

subsistence and, 600–606

theory of, 601–606, 612, 672

work and, ch. 21, pp. 584–630

Waiting time, 490–496

Wallace, Henry, 236

Walras, Léon, 121

Want-satisfaction, 243, 389, 393, 408, 415, 476, 478, 481, 484, 496, 525, 672, 674see also, Action, human; Valuation

War

autarky and, 824–826

capitalism and, 824

causes of, 498–499, 680, 819–821, 827–828

Civil, American, 825

detrimental, 175

economics of, ch. 34, pp. 817–823

foreign trade and, 175, 662, 820, 824, 828

futility of, 827–828

history and, 645–646

interventionism and, 821

limited, 818

loans, 228–229

market economy and, 821–824

migration and, 820, 821, 828

peace and, 147–148, 680–684

production, 821

profits, 823

socialism and, 821–828

substitutes, 825

total, 168–169, 817–821

Wealth

constancy of, 511

changes in, 518n

division of, 293

evaluated, 310

income and inequality of, 285–286, 731–732, 836–847

total, 218

value of, 710see also, Capitalism; Money; Saving

Webb, Beatrice and Sidney, 272n, 618, 814n

Weber, Max, 30n, 126

Weber-Fechner law of psychophysics, 125–127

Welfare principle versus market principle, ch. 35, pp. 829–850

Wells, Herbert George, 662n

Wertfreiheit,47–8, 877–880

West versus East, 84, 495, 665, 836

Whately, Richard, 3n, 532n

Wicksell, Knut, 486

Wicksteed, Philip Henry, 103n

Wiese, Leopold, 169n

Wieser, Friedrich, 205, 207n

Wilson, Woodrow, 820

Wirtschaftliche Staatswissenschaften,62, 603, 755–756

Work

of animals and slaves, 624–631

wages and, ch. 21, pp. 584–630see also, Hours of work; Labor

World Council of Churches, 671n

World government, 682see also, International organization

World view

ideology and, 178–187

panmechanistic, 25

Wren, Sir Christopher, 850