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" The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. "
β€œThe” Life of Major-General Sir Thomas Munro, Bart. and K.C.B., Late ... - Page 287
by George Robert Gleig - 1830
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The British review and London critical journal

1817 - 522 pages
...which may be increased or diminished in quantity, has its natural and its market price ;" β€” that, " the natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution ; " β€” that " the power of the labourer...
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On the Principles of Political Economy, and Taxation

David Ricardo - Classical school of economics - 1821 - 566 pages
...and sold, and which may be increased or diminished in quantity, has its natural and its market price. The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. The power of the labourer to support...
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - Economics - 1821 - 482 pages
...affect the Habits of the IAbouring Classes. MR. RICARDO has defined the natural price of labour to be " that price which is necessary to enable the labourers one with another to subsist, and to perpetuate their race, without either increase or diminution."* This price I should really be disposed...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - Agriculture - 1826 - 188 pages
...has rendered it necessary for him to look out for a natural price of labour, which he thus defines. " The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race without either increase or diminution." It is hardly possible to refrain from...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - Agriculture - 1826 - 194 pages
...has rendered it necessary for him to look out for a natural price of labour, which he thus defines. " The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race without either increase or diminution." It is hardly possible to refrain from...
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Lectures on the Elements of Political Economy

Thomas Cooper - Economics - 1826 - 302 pages
...therefore for food, not keeping pace with the supply. By Mr. Ricardo, the natural wages of labour, is that which is necessary to enable the labourers, one with...another, to subsist and perpetuate their race, without encrcase or diminution. By Br. Malthus, the natural or necessary wages of labour, 3s that which in...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 444 pages
....suddenly became profit of stock ? Mr Ricardo defines the natural price (or wages) of labour to be " that price which is necessary to enable the labourers, one with another, to subsist, and to perpetuate their race, without either increase or diminution."* But this definition could only be...
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The Political Text Book: Comprising a View of the Origin and Objects of ...

William Carpenter - Great Britain - 1833 - 270 pages
...necessaries and conveniences required for the support of the labourer and his family ; or that quantity which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution." Whatever may be the truth of the...
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - Economics - 1836 - 520 pages
...Habits of the Labouring Classes. THE natural price of labour has been defined by Mr. Ricardo to be " that price which is necessary to enable the labourers one with another to subsist, and to perpetuate their race, without either increase or diminution.''* This price I should really be disposed...
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The Laws of Wages, Profits and Rent, Investigated

George Tucker - Economics - 1837 - 206 pages
...the price of labour be raised by the diminished supply. "The natural price of labour, they maintain, is that price which is necessary to enable the labourers,...their race, without either increase or diminution." It is indeed desirable that this should be the limit beyond which the price of labour should not pass,...
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