Concept恩格斯的停顿

Engels' Pause

A concept in economic history referring to the phenomenon during the British Industrial Revolution in which real wages of British workers grew markedly more slowly than output per capita. It was estimated by economic historian Robert Allen and others using the 'subsistence wage basket' method to describe the lag between productivity gains and labor compensation.

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Oct 31

Allen's estimates show that from the late 18th century to the mid-19th century, British workers' real wage growth was far slower than per capita output growth, a finding known as the "Engels' Pause."

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Allen's estimates show that from the late 18th century to the mid-19th century, British workers' real wage growth was far slower than per capita output growth, a finding known as the "Engels' Pause."

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