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Books Books 1 - 10 of 73 on The natural price of labour, therefore, depends on the price of the food, necessaries,....
" The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family. "
The Elements of Political Economy - Page 167
by Francis Wayland - 1878 - 403 pages
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On the Principles of Political Economy, and Taxation

David Ricardo - Classical school of economics - 1821 - 538 pages
...essential to him from habit, which that money will purchase. The natural price of labour, therefore, depends on the price of the food necessaries, and conveniences required for the support of the labourer and his family. With a rise in the price of food and necessaries, the natural price of labour...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - Grain - 1826 - 150 pages
...natural price, and infers from these premises that the actual money price of labour will deF pend upon the price of the food, necessaries, and conveniences required for the support of the labourer and his family. In a word, he assumes that the real wages, that is, the quantity of food,...
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Price of corn and wages of labour, with observations upon dr. Smith's, mr ...

Edward West (sir.), Adam Smith - 1826
...natural price, and infers from these premises that the actual money price of labour will de65 pend upon the price of the food, necessaries, and conveniences required for the support of the labourer and his family. In a word, he assumes that the real wages, that is, the quantity of food,...
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The Philosophy of Trade: Or, Outlines of a Theory of Profits and Prices ...

Patrick James Stirling - Economics - 1846 - 380 pages
...is one of the fundamental errors of Mr Ricardo's system. " The natural price of labour," he says, " depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family" (On Political Economy and Taxation, 3d edition, p. 86), and the price of food...
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The Distribution of Wealth: Or, The Economic Laws by which Wages and Profits ...

Rufus Cope - Economics - 1890 - 364 pages
...subject of wages, says, "The natural price of labor depends on the price of food, necessaries, and the conveniences required for the support of the laborer;...food and necessaries the price of labor will rise, and with a fall in the price the natural price of labor will fall." Dr. Wayland says, " By free competition...
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A Short History of Political Economy in England: From Adam Smith to Arnold ...

Langford Lovell Price - Economics - 1891 - 201 pages
...his theory of the incidence of the various forms of taxation rests on the same basis. Wages depend on the "price of the food, necessaries and conveniences required for the support of the labourer and his family"; and, " with a rise in the price of food and necessaries, the natural price...
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Principles of Social Economy, Volume 20

Yves Guyot - Economics - 1892 - 305 pages
...perpetuate their race, without either increase or diminution . . . . The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family." l This is somewhat different from what Lassalle puts into his mouth ; but,...
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The American Magazine of Civics, Volume 7

Andrew J. Palm, Henry Randall Waite - Social sciences - 1895
...NOMINAL. — What is known euphemistically as "the iron law of wages," is based on Ricardo's doctrine that the " natural price of labor depends on the price...conveniences required for the support of the laborer. With a rise in the price of food and necessaries, the price of labor will rise ; with a fall in their...
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The First Six Chapters of the Principles of Political Economy and Taxation ...

David Ricardo - Economics - 1895 - 118 pages
...essential to him from habit, which that money will purchase. The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family. With a rise in the price of food and necessaries, the natural price of labour...
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Principles of Scientific Socialism

Charles Henry Vail - Socialism - 1899 - 237 pages
...perpetuate their race, without either increase or diminution. . . . The natural price of labor, therefore, depends on the price of the food, necessaries, and...conveniences required for the support of the laborer and his family." These necessities vary in different countries and at different periods, but as Marx...
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