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Douglas on Wages and the Supply of Labor

From 1918, when his first published article appeared, until his election to the Senate in 1948, Paul H. Douglas was a prolific contributor to economic literature. I shall not attempt to review all of his contributions here. The companion article by Paul Samuelson will cover his contributions to the theory of production, but even in the remaining area, substantial exclusions are necessary. I exclude the work outside of labor economics, such as his work on street railways and on the measurement of consumption, and most of the work that is clearly policy oriented, such as his work on family allowances and unemployment insurance. What remains forms two major contributions to economic science-the first in the theory and measurement of wages and the second in the measurement of labor supply.