But the new economy has shown that all price is governed by proportional quantity of the producing labour, and by that only. Being itself once settled, then, ipso facto, price settles the fund out of which both wages and profits must draw their separate... The Logic of Political Economy - Page 204by Thomas De Quincey - 1844 - 260 pagesFull view - About this book
| Samuel Hollander - Business & Economics - 2008 - 455 pages
...referring to the notion that price, "governed by proportional quantity of the producing labour . . . settles the fund out of which both wages and profits must draw their separate dividends" (De Quincey 1970 [1844]: 258), in place of the "old superannuated doctrine" that the sum of profits... | |
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