 | Graham Wallas - Great Britain - 1898 - 490 pages
...(London, 1817), p. 90, says : " 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." In the same sense Place writes : " The real wages of the labourer in a redundant population are no... | |
 | James Walter Crook - Wages - 1898 - 134 pages
...is with Ricardo the natural price of labor,, a reward which is " necessary to enable the laborers, one with another, to subsist, and to perpetuate their race, without either increase or diminution," Any deviation from this rate, by the operation of supply and demand is called a " market " rate. The... | |
 | John Davidson - Wage bargaining - 1898 - 352 pages
...to think of natural wages alone, which were fixed at the amount " necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution. ' '-^Profits/Jiowever, arexfot xfSgarded as quite so demtftriyaetermiije<n The f theory of 'profits... | |
 | Charles Henry Vail - Socialism - 1899 - 266 pages
...Ricardo says: "Tie 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. . . . The natural price of labor, therefore, depends on the price of the food, necessaries, and conveniences... | |
 | Benjamin Wood - Labor - 1901 - 200 pages
...summarized thus : " 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. . . . The market price of labor is the price which is really paid for it, from the natural operation of the proportion... | |
 | Benjamin Kidd - Civilization - 1902 - 588 pages
...which — to quote Ricardo's definition of the natural price of labour — was "necessary to enable the labourers, one with another, to subsist, and to perpetuate their race without either decrease or diminution." 1 The remarkable conception which accompanied this theory, and which runs... | |
 | Legislator - Commercial policy - 1903 - 336 pages
...he lays down the dictum that "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." And then he pauses to show that the action of the population principle will make this natural wage... | |
 | Nicholas Paine Gilman - Arbitration, Industrial - 1904 - 464 pages
...Economy, oh. v. § 35, he says : " 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." Professor Gonner, in his edition of Ricardo in the Bohn Economic Library, explains this last clause... | |
 | Thomas Nixon Carver - Distribution (Economic theory) - 1904 - 318 pages
...producing laborers. {^ 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." >In his subsequent argument he considerably modified this rigid form of statement by showing that this... | |
 | John Ruskin - 1905 - 736 pages
...Economy, ch. v. ("On Wages") : "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." Ricardo adds, "The power of the labourer to support himself, and the family which may be necessary... | |
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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. 
