 | Electronic journals - 1887 - 732 pages
...different, Ricardo defined natural wages as "that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without either increase or diminution." 2 To its author this definition meant a great deal more than the words explicitly affirm. Saying nothing... | |
 | William Lee Rees - Cooperation - 1888 - 504 pages
...of labour." Ricardo says : " 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. The natural price of labour then depends on the price of the goods, necessaries, and conveniences required... | |
 | John Bates Clark, Franklin Henry Giddings - Competition - 1888 - 88 pages
...different, Ricardo defined natural wages as "that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without either increase or diminution." 2 To its author this definition meant a great deal more than the words explicitly affirm. Saying nothing... | |
 | John Bates Clark, Franklin Henry Giddings - Competition - 1888 - 88 pages
...so different, Ricardo denned natural wages as "that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without either increase or diminution."2 To its author this definition meant a great deal more than the words explicitly affirm.... | |
 | Josef Maria Baernreither - Fraternal organizations - 1889 - 500 pages
...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...their race, without either increase or diminution " ; whilst the market price of labour, according to his view, is " the price which is really paid for... | |
 | American Academy of Political and Social Science - Political science - 1890 - 788 pages
...Natural Price of Labor," Ricardo says that it " is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution." Thus defined, the natural price of labor is a definite amount of certain commodities, chiefly food,... | |
 | Emory Adams Allen - Agricultural laborers - 1891 - 558 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 to perpetuate their race without either increase or diminution However much the market price of labor may deviate trom its natural price, it has like commodities... | |
 | Yves Guyot - Economics - 1892 - 340 pages
...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...without either increase or diminution . . . . The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences... | |
 | Lester Frank Ward - Civilization - 1892 - 406 pages
...contrary, while he treated psy1 " The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to...their race, without either increase or diminution." — DAVID R1CARDO : Principles of Political Economy and Taxation, p. ~o. " Like other contracts, wages... | |
 | Lester Frank Ward - Civilization - 1892 - 400 pages
...contrary, while he treated psy1 " 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."—DAVID RICARDO : Principles of Political Economy and Taxation, p. 70. " Like other contracts,... | |
| |
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. 
