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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. "
On the Principles of Political Economy, and Taxation - Page 86
by David Ricardo - 1821 - 538 pages
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The Works of John Ruskin, Volume 17

John Ruskin - Economics - 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 Works of John Ruskin, Volume 17

John Ruskin - 1905 - 726 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 Slavery of Labour: A Scientific Demonstration of the Identity of Free ...

William Bell Robertson - Economics - 1906 - 84 pages
..." (or equivalent value) " of labour," Bicardo goes on, " is that price which is necessary to enable the labourers, one with another, to subsist and to...their race, without either increase or diminution." Again, " The market price of labour is the price which is really paid for it, from the natural operation...
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The New International Encyclopaedia, Volume 20

Daniel Coit Gilman, Harry Thurston Peck, Frank Moore Colby - Encyclopedias and dictionaries - 1906 - 938 pages
...The natural price of labor Ricardo defines 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." This theory was adopted by the Socialists as a correct explanation of wages under a capitalistic regime,...
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The New International Encyclopaedia, Volume 20

Daniel Coit Gilman, Harry Thurston Peck, Frank Moore Colby - Encyclopedias and dictionaries - 1906 - 938 pages
...natu-ral price of labor Ricardo defines 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." This theory was adopted by the Socialists as a correct explanation of wages under a capitalistic regime,...
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Some Readings in Economics: Prepared for the Use of Students in Course I ...

Fred Manville Taylor - Economics - 1907 - 242 pages
...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. The power of the laborer to support himself, and the family which may be necessary to keep up the number of laborers,...
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Outlines of Economics

Richard Theodore Ely - Economics - 1908 - 746 pages
...Said Ricardo: "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." Granting the premises, the logic was incontrovertible: If wages 1 This figure was applied to the effect...
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The Distribution of Wealth

John Rogers Commons - Wealth - 1908 - 316 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...
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Om det ekonomiska fördelningen och kriserna: akademisk afhandling

Fritz Per Hansson Brock - Depressions - 1909 - 250 pages
...ställa sig vid hvad han kallar arbetets naturliga pris, dvs vid hvad, som är nödvändigt »to enable the labourers, one with another, to subsist and to...their race, without either increase or diminution.» Denna tendens hos lönen att ställa sig vid arbetets naturliga pris är det dock att märka, att han...
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The New International Encyclopæeia, Volume 20

Daniel Coit Gilman, Harry Thurston Peck, Frank Moore Colby - Encyclopedias and dictionaries - 1909 - 962 pages
...The natural price of labor Ricardo defines 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." This theory was adopted by the Socialists as a correct explanation of wages under a capitalistic regime,...
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