![СМИТОВА ТЕОРИЈА НАДНИЦА И ЊЕН УТИЦАЈ НА ТЕОРИЈУ НАДНИЦА У 19. ВЕКУ](/api/image/getissuecoverimage?id=picture_2005_49477.png)
СМИТОВА ТЕОРИЈА НАДНИЦА И ЊЕН УТИЦАЈ НА ТЕОРИЈУ НАДНИЦА У 19. ВЕКУ
Adam Smith has not accepted subsistence theory of wages as an explanation of wages. He can be marked not only as a founder of wages-fund theory, but also of the bargaining theory of wages. Wage-fund doctrine dominated the next hundred years of English economics. Besides, Smith’s explanation of the differentials in wage rates among occupations were accepted by his succcessors for a century. That was the first step into direction of human capital theory.
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