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Nothing New under the Sun: The Prescience of W. S. Sanders' 1906 Fabian Tract

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  • David Metcalf

Abstract

In order to understand the impact of the national minimum wage (NMW) on pay, employment and other variables, the Low Pay Commission studies pay setting, coverage of the NMW, competitive versus monopsonistic labour markets, non-compliance, offsets and the interaction between the NMW and the social security system. But similar issues were analysed a century ago by Fabian and other writers. In particular, the 18-page 1906 Tract by W. S. Sanders - the first ever call for a "national" minimum wage - anticipated all the present debates. That tract is examined here. Copyright (c) Blackwell Publishing Ltd/London School of Economics 2009.

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  • David Metcalf, 2009. "Nothing New under the Sun: The Prescience of W. S. Sanders' 1906 Fabian Tract," British Journal of Industrial Relations, London School of Economics, vol. 47(2), pages 289-305, June.
  • Handle: RePEc:bla:brjirl:v:47:y:2009:i:2:p:289-305
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    1. Metcalf, David, 1999. "The Low Pay Commission and the National Minimum Wage," Economic Journal, Royal Economic Society, vol. 109(453), pages 46-66, February.
    2. William Brown, 2000. "Putting Partnership into Practice in Britain," British Journal of Industrial Relations, London School of Economics, pages 299-316.
    3. Brown, W., 2002. "The Operation of the Low Pay Commission," Cambridge Working Papers in Economics 0223, Faculty of Economics, University of Cambridge.
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