...He says, somewhat vaguely, " The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to...race, without either increase or diminution . . . The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences...

...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 fall below this level of subsistence,...

...of existence : ' The natural price of labour is the price which is necessary to enable the labourers to subsist and to perpetuate their race without either increase or diminution.' Similar views were held by many of his brother economists of the classical school, such as Senior,...

...by Colonel Torrens." Q this : " The natural price of labor is the price which is necessary to enable the labourers, one with another, to subsist and to...their race, without either increase or diminution." It was this natural or necessary price that chiefly concerned Ricardo. Now labor, he would have said,...

...the amount paid in wages is obviously considerably more than is " necessary to enable the laborers to subsist and to perpetuate » their race, without either increase or diminution." Ricardo himself did not give to the " minimum of subsistence " the fiied and rigid meaning which some...

...of different employments. (c) The natural price of labour ia that price which ia necessary to enable the labourers, one with another, to subsist and to...their race without either increase or diminution. (ii) The laws and conditions of the production of wealth partake of the character of physical truths....

...labour is equally necessary. The " natural price of labour is that price which is necessary to enable the labourers one with another to subsist and to perpetuate...race without either increase or diminution." " The market price for labour is the price which is really paid for it. ... However much the market price...

...labour is equally necessary. The " natural price of labour is that price which is necessary to enable the labourers one with another to subsist and to perpetuate...race without either increase or diminution." " The market price for labour is the price which is really paid for it. ... However much the market price...

...says : " The natural price of labour is that price which is necessary to enable the labourers, oue with another, to subsist, and to perpetuate 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...

...iron law.' ' The natural price of labour,' he maintained, ' is that price which is necessary to enable the labourers, one with another, to subsist and to...race, without either increase or diminution. . . . The market price is the price which is really paid for labour, from the natural operation of the proportion...