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amongst amount of labour APPENDIX ascend Bateman beaver beaver-catching Bell Eobertson bestowed a quantity brought to market capitalist Carlyle civilisation cloth coat commodity concrete remedy corn cost of bringing deer deer-catching demand and supply diminished duction economic system Editor employers equivalent value exchange extent fallacy February forces Foundations of Political free labour goes in maintaining hats higher wages hour's digging human increase industrial inert labour Invisible Enemy irreligion labour expended labour in operation labour market labour supply lent value letter London & Felling-on-Tyne Lord Kelvin machinery maintained and renewed maintenance market value natural or equivalent natural price necessary owner of capital Pall Mall Gazette POLITICAL ECONOMY SELECTIONS purchaser quantity of labour received wages result of labour reward Ricardo Simple Economics Sisyphus slave labour SLAVERY OF LABOUR social society thing thinking Thomas Burt Trade Union unless value of labour WALTER SCOTT PUBLISHING whole
Page 23 - A man educated at the expense ; of much labour and time to any of those employments, which require extraordinary dexterity and ; skill, may be compared to one of those expensive 1 machines.
Page 18 - A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.
Page 18 - The market price of labour is the price which is really paid for it, from the natural operation of the proportion of the supply to the demand ; labour is dear when it is scarce, and cheap when it is plentiful. However much the market price of labour may deviate from its natural price, it has, like commodities, a tendency to conform to it.
Page 33 - Labour, like all other things which are purchased 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 necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Page 13 - If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver should naturally exchange for or be worth two deer.
Page 6 - A Hair perhaps divides the False and True; Yes; and a single Alif were the clue — Could you but find it — to the Treasure-house, And peradventure to THE MASTER too...
Page 19 - It is in this manner that the demand for men, like that for any other commodity, necessarily regulates the production of men — quickens it when it goes on too slowly, and stops it when it advances too fast.
Page 18 - Thus far at least seems certain, that, in order to bring up a family, the labor of the husband and wife together must, even in the lowest species of common labor, be able to earn something more than what is precisely necessary for their own maintenance; but in what proportion, whether in that above-mentioned, or many other, I shall not take upon me to determine.
Page 18 - If this demand is continually increasing, the reward of labour must necessarily encourage in such a manner the marriage and multiplication of labourers, as may ena'nij them to supply that continually increasing demand by a continually increasing population.