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Certainly, it is correct. But in this place of prof. Pigu criticises the offer,

Concerning sphere of a practical policy. And meanwhile this assumption Extremely far from reality; while Statistically registered unemployment in Great Britain has exceeded 2 Million people, i.e. When there is 2 million the people, wishing to work for Existing monetary wages, hardly cost-of-living growth on To the relation to the monetary wages, whatever it was moderated, has caused Care from a labour market it numbers of people, than these 2 million people

It is important to underline that all book of prof. Pigu is written proceeding from an assumption,

What is the life appreciation in relation to monetary wage

To the payment, whatever it was moderated, will cause care from a labour market it

Numbers of hired workers, than all cash number of the unemployed.

Besides, prof. Pigu does not notice that put forward by it in this place

(The decree. It., with. 75) arguments against the "secondary" employment arising in

Result of public works, appear owing to the same assumptions equally Fatal as well for the growth of "primary" employment following from same The policy. If the rate of real wages in branches, Making the goods acquired on wages, it is given, any

The employment increase in general is impossible differently, as at the expense of reduction

Consumption of these goods by the persons living on unearned incomes. New Workers in sphere of primary employment will increase, possibly, consumption The goods acquired on wages that will reduce the real wage

Payment also will result (under the assumption of the author) in care of a part of wage labour,

Before taken in "other" branches. However prof. Pigu, obviously, supposes

Possibility of growth of primary employment. Border between primary and secondary

Employment is, apparently, that psychological critical line, for

Which the common sense of the author ceases to get the best of its defective theory.

The distinction of the conclusions following from mentioned above distinctions in assumptions and in

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Business Icon Set Business Icon Set. A collection of all-purpose icons with various symbols for the business environment for use with your software or on your website.

Database Icon Set Database Icon Set brings you a variety of bright and colorful icons for database software development. The images are provided in all the typical icon sizes and file formats include ICO, BMP, PNG and GIF.

Standard Hotel Icons Developing software for hotel industry is quite a challenge, and there is often no time to design GUI for your project. With Standard Hotel Icons you will momentarily get all the graphics you need at an affordable price.

Space Icons Design scientific or space-oriented software with readily available graphics. Space Icons pack includes over 60 images dedicated to astronomy, including Astronaut, all planets of the solar system, Sun and Spacesuit.

Free 3D Social Icons Free 3D Social Icons is a free icon library well-suited for websites and applications associated with all types of social networks. The pack contains images for various communication technologies and web-sites.