 | Fred Manville Taylor - Economics - 1907 - 242 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. The power of the laborer to support himself, and the family which may be necessary to keep up the number... | |
 | Yves Guyot - Communi - 1910 - 350 pages
...value entirely upon labour, attempted to find a mean or standard for it. He says, somewhat vaguely, " 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,... | |
 | Institute of Bankers (Great Britain) - Banks and banking - 1910 - 720 pages
...the natural recompense as wages of labour." — (Adam Smith.) "The natural price of labour is that which is necessary to enable the labourers, one with another, to subsist and perpetuate their race." — (Eicardo.) Discuss these theories of wages, and state the more recent view of the principles which... | |
 | Lewis Henry Haney - Economics - 1911 - 598 pages
...subject is most ably illustrated 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 perpetuate their race, without either increase or diminution." It was this natural or necessary... | |
 | Albion W. Small, Ellsworth Faris, Ernest Watson Burgess - Social sciences - 1915 - 900 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... | |
 | History - 1918 - 382 pages
...is without foundation. The quality of labour is of no account, as all labour is equally necessary. The " natural price of labour is that price which...enable the labourers one with another to subsist and to perpetuate their race without either increase or diminution." " The market price for labour is the... | |
 | Mark Hovell - Chartism - 1918 - 400 pages
...is without foundation. The quality of labour is of no account, as all labour is equally necessary. The " natural price of labour is that price which...enable the labourers one with another to subsist and to perpetuate their race without either increase or diminution." " The market price for labour is the... | |
 | David Ricardo - Economics - 1919 - 526 pages
...population. " The natural price of labour," it is said, " is that price which is necessary to eri&ble the labourers one with another to subsist and perpetuate their race without either increase or diminution " (§ 35), but further on we hear that " it is not to be understood that the natural price of labour,... | |
 | Graham Wallas - Great Britain - 1919 - 444 pages
...July 19, 1826. 1 Ricardo, in his " Principles of Political Economy" (London, 1817), p. 90, 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."... | |
 | Charles Earle Raven - Christian socialism - 1920 - 420 pages
...which developed this principle into the ' 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 perpetuate their race, without either increase or diminution. . . . The market price is the price... | |
| |
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. 
