 | 1817 - 522 pages
...conveniences which that money will purchase; " — that " the market price of labour is the price that is really paid for it, from the natural operation...labour is dear when it is scarce, and cheap when it is plentiful ; " — that " when the market price of labour is below its natural price, the condition... | |
 | David Ricardo - Classical school of economics - 1821 - 566 pages
...of labour, and by the increasing skill, both in science and art, of the producers. The market price of labour is the price which is really paid for it,...labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of labour may deviate from its natural price, it has, like... | |
 | Sir Edward West - Agriculture - 1826 - 194 pages
...passage, though he attempts to impugn the doctrine in others. " The market price of labour," says he,* " is the price which is really paid for it from the...operation of the proportion of the supply to the demand." In another passage,-} however, he says, " The opinion that the price of commodities depends solely... | |
 | Sir Edward West - Agriculture - 1826 - 188 pages
...passage, though he attempts to impugn the doctrine in others. " The market price of labour," says he,* " is the price which is really paid for it from the...operation of the proportion of the supply to the demand." In another passage,-} however, he says, " The opinion that the price of commodities depends solely... | |
 | Henry Dunning Macleod - Economics - 1858 - 636 pages
...rise ; with a fall in their price the natural price of labor will fall." " The market price of labor is the price which is really paid for it, from the...operation of the proportion of the supply to the demand; labor is dear when it is scarce, and cheap when it is plentiful. However much the market price of value... | |
 | Earl Thomas Brassey Brassey - Labor - 1872 - 316 pages
...in exact conformity with the law of wages as stated by Mr. Ricardo when he says : " The market price of labour is the price which is really paid for it, from the natural operations of supply and demand. Labour is dear when it is scarce, and cheap when it is plentiful."... | |
 | Henry Dunning Macleod - Economics - 1875 - 546 pages
...price of labour will fall." — " The 1 Principles of Political Economy, p. 86. 3rd Edit. market price of labour is the price which is really paid for it,...labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of labour may deviate from its natural standard, it has, like... | |
 | Henry Dunning Macleod - Economics - 1875 - 556 pages
...fall."—" The i Principles of Political Economy, p. 86. 3rd JSdit. market price of labour is tlie price which is really paid for it, from the natural...labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of labour may deviate from its natural standard, it has, like... | |
 | William Addison Phillips - Agricultural laborers - 1886 - 508 pages
...per|,etuatc their nice without either increase or diminution." IIe also says : " The market price of labor is the price which is really paid for it, from the...operation of the proportion of the supply to the demand." And again : " It is when the market price of labor exceeds its natural price that the condition of... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...labour, and by the increasing skill, both in science and art, of the producers. / The market price of labour is the price which is really paid for it....from the natural operation of the proportion of the suojjly to the demand ; labour is dear when it is scarce, and cheap when it is plentiful. However much... | |
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The market price of labour is the price which is really paid for it, from the natural operation of the proportion of the supply to the demand; labour is dear when it is scarce and cheap when it is plentiful. However much the market price of labour may... 
