Note 161-2 — Chapter III

Wolkoff zealously and rightly argues, that the minimum wages is not the taux naturel of wages. (Lectures, 118 ff., 284.) von Thünen also divides wages into two component parts—that which the workman must lay out in his support in order to continue able to work, and that which he receives for his actual exertion. (Isolirter Staat., II, 1, 92 seq.)