This classic work of industrial economics, first published in 1920, offers a clear and insightful analysis of the causes and consequences of labor disputes. Pigou argues that such disputes arise from a failure of the market to accurately reflect the true costs and benefits of labor. He proposes a variety of methods for resolving disputes and promoting industrial peace, from government mediation to collective bargaining. This book remains a valuable resource for scholars, policymakers, and anyone interested in the economics of labor markets.

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