If the high price of corn were the effect, and not the cause of rent, price would be proportionally influenced as rents were high or low, and rent would be a component part of price. But that corn which is produced by the greatesl quantity of labour is... The Foreign Review - Page 3941829Full view - About this book
| David Ricardo - Economics - 1821 - 560 pages
...proportional quantity of labour, and where consequently the progress of rent is slow. -S If the high price of corn were the effect, and not the cause of rent, price would be proportionally in-/ fluenced as rents were high or low, and rent would be a component part of price. But that corn... | |
| Great Britain - 1826 - 1138 pages
...to be, not to retard the progress of rent, but to promote it. But that corn which is produced with the greatest quantity of labour is the regulator of the price of corn. — Ricardo. p. 67. Adam Smith, therefore, cannot be correct in supposing that the original rule which... | |
| J. C. Ross - Economics - 1827 - 486 pages
...would not diminish the quantity of labour necessary to raise corn, and other raw produce ; therefore that corn, which is produced by the greatest quantity of labour, is the regulator of the price, and of its exchangeable value. The original rule, therefore, which regulates the exchangeable value... | |
| Adam Smith - Economics - 1835 - 494 pages
...quantity of labour, and where consequently the ' progress of rent is slow. ' If the high price of com were the effect, and ' not the cause of rent, price would be proportion' ally influenced as rents were high or low, and rent ' would be a component part of price.... | |
| Alexander Somerville - Free trade - 1853 - 676 pages
...proportional quantity of labour, and where consequently the progress of rent is slow. " If the high price of corn were the effect and not the cause of rent, prices would be proportionally influenced as rents were high or low, and rent would be a component... | |
| Henry Dunning Macleod - Economics - 1872 - 730 pages
...the worst quality of land upon which labour may be bestowed without paying rent. Ricardo says — " That corn which is produced by the greatest quantity...of labour, is the regulator of the price of corn." We say it is exactly the reverse, and — That the price of corn indicates the greatest cost which... | |
| Henry Dunning Macleod - Economics - 1872 - 712 pages
...which labour may be bestowed without paying rent. Ricardo says — " That corn which is produced by tho greatest quantity of labour, is the regulator of the price of corn." We say it is exactly the reverse, and — That the price of corn indicates the greatest cost which... | |
| David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 pages
...the proportional quantity of labour, and where consequently the progress of rent is slow. If the high price of corn were the effect, and not the cause of...part of price. But that corn which is produced by the greatesl quantity of labour is the regulator of the price of corn ; and rent does not and cannot enter... | |
| David Ricardo - Economics - 1895 - 166 pages
...the proportional quantity of labour, and where consequently the progress of rent is slow. If the high price of corn were the effect, and not the cause of...were high or low, and rent would be a component part The pressure of the atmosphere and the elasticity of steam, which enable us to work the most stupendous... | |
| Herbert Joseph Davenport - Economics - 1896 - 438 pages
...take place in the price of corn although landlords should forego the whole of their rent. If the high price of corn were the effect and not the cause of rent, prices would be proportionally influenced as lands were high or low, and rent would be a component... | |
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