| William Lee Rees - Cooperation - 1888 - 504 pages
...: " The produce of labour constitutes the natural recompense or wages of labour." Ricardo says : " 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 natural price of labour then depends... | |
| George Lacy - Economics - 1888 - 386 pages
...still believes in it. Ricardo is the author of the celebrated "iron law." It is to the effect that, " the natural price of labour is that price which is necessary to enable the labourer to subsist;"» and it cannot rise above this, because if it does the labourers are encouraged... | |
| VAN BUREN DENSLOW - 1888 - 826 pages
...its market price. The natural price of labor is that price which is necessary to enable the laborers one with another to subsist and perpetuate their race without either increase or diminution. " It is when the market price of labor exceeds its natural price that the condition of the laborer... | |
| Van Buren Denslow - Economics - 1888 - 854 pages
...its market price. The natural price of labor is that price which is neces>ary to enable the laborers one with another to subsist and perpetuate their race without either increase or diminution. salary. If the wage for service rendered is blended with a profit. and is made contingent upon a risk,... | |
| Josef Maria Baernreither - Fraternal organizations - 1889 - 500 pages
...Even Ricardo is not open to this charge. As is well known, he calls the " natural price of labour " that price " which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution " ; whilst the market price of labour,... | |
| Lester Frank Ward - Civilization - 1892 - 400 pages
...of prevision and the control of social phenomena. Spencer, on the contrary, while he treated psy1 " 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."—DAVID RICARDO : Principles of Political... | |
| Yves Guyot - Economics - 1892 - 340 pages
...Brassey's Foreign Work and English Wagee, p. 316). BUS c'c P _ „ J. ..... * r^~ Y «s OR K 10• 4^ 96! 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 . . . . The natural price of labour,... | |
| Yves Guyot - Socialism - 1894 - 314 pages
...Lassalle altered Ricardo's much less decided text. " The natural price of labour," says Ricardo,1 " 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. . . . The natural price of labour,... | |
| David Ricardo - Economics - 1895 - 166 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... | |
| F. U. Laycock - Depressions - 1895 - 408 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 necessary to enable the labourers, one with the other, to subsist and to perpetuate their race without either increase or diminution." This natural... | |
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