 | David Ricardo - Economics - 1821 - 566 pages
...as that they should be augmented by a rise in the rate of profits. It has been my endeavour to shew throughout this work, that the rate of profits can never be increased but by a fall in wages, and that there can be no permanent fall of wages but in consequence of a fall of the necessaries on... | |
 | Abraham John Valpy - Great Britain - 1826 - 600 pages
...the rate of wages, it will increase the rate of profit." It is a favorite doctrine of Mr. Ricardo, " that the rate of profits can never be increased but by a fall in wages, and that there can be no permanent fall of wages but in consequence of a fall of the necessaries on... | |
 | Thomas Robert Malthus - Classical school of economics - 1827 - 322 pages
...the science, upon the rise and fall in the value of wages. " It has been my endeavour," he says, " to show throughout this work, that the rate of profits can never be increased but by a fall of wages."* Again he observes, " Profits — it cannot be too often repeated — depend on wages ;... | |
 | Patrick James Stirling - Economics - 1846 - 416 pages
...ground to conclude that "there can be no rise in the value of labour without a fall of profits,"* and " that the rate of profits can never be increased but by a fall in wages. "f To recur to our former illustration, the value of a day's labour realized in the manufacture of... | |
 | 1847 - 574 pages
...ground to conclude that there can be no rise in the value of labour without a fall of profits, and that the rate of profits can never be increased but by a fall of wages." But let us return to our author, whose views on this and other parts of the science, we... | |
 | Henry Dunning Macleod - Economics - 1875 - 574 pages
...imagine that this doctrine would greatly perplex London traders. " It has been my endeavour to shew throughout this work, that the rate of profits can never be increased but by a fall in wages, and that there can be no permanent fall of wages but in consequence of the necessaries on which wages... | |
 | David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...countries, as that they should be augmented by a nee in the rate of profits. It has been my endeavour to show throughout this work, that the rate of profits can never be increased but by a fall in wages, and that there can be no permanent fall of wages but in consequence of a fall of the necessaries on... | |
 | George Gunton - Wages - 1887 - 426 pages
...no increase in wages is possible. This doctrine, together with the theory taught by these writers, " that the rate of profits can never be increased but by a fall in wages," f goes far to excuse if not sustain the charge " that the current political economy, instead of being... | |
 | GEORGE GUNTON - 1891 - 530 pages
...low wages. " It has been my endeavor to show throughout this work," says Ricardo, " that the ratio of profits can never be increased but by a fall in wages." In the days of hand labor and small factories, when the consumption of the upper and middle classes... | |
 | Connecticut. Bureau of Labor Statistics - Connecticut - 1893 - 424 pages
...exceptions. Conditions have changed since John Stuart Mill wrote his approval of the Ricardo rule " that the rate of profits can never be increased but by a fall in wages." Economy in production has resulted in a condition under which increased profits are often coincident... | |
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It has been my endeavour to show throughout this work, that the rate of profits can never be increased but by a fall in wages, and that there can be no permanent fall of wages but in consequence of a fall of the necessaries on which wages are expended. 
