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Wealth and Progress: A Critical Examination of the Wages Question
No preview available - 2018
aggregate average Black Death capital causes cents a day chapter commodities consequently consume consumption cost of living cost of production creased demand determined doctrine dollars economic law economists Edward III employed employer enforced idleness England fact factory fall fivepence force governed habits Hence Henry VIII higher History of Prices hours of labor hundred improved income increase India industrial and social laborer's laboring classes law of wages legislation less machinery manufacturers masses natural nomic nominal wages obtain operation paid permanent piece-work Political Economy population portion pounds price of labor price of wheat Principles of Political profits proportion prosperity rate of wages real wages reason reduced rent result rise of real rose says shillings shoes social character social condition social opportunities standard of living statute Statute of Laborers sudra supply tend theory tion towns trades true wage-receivers wages fund wages-fund wants Wealth of Nations week whole
Page 192 - By necessaries I understand not only the commodities which are indispensably necessary for the support of life, but whatever the custom of the country renders it indecent for creditable people, even of the lowest order, to be without.
Page 125 - Here they should feed on fat beef and mutton, till nothing but their fulness should stint their stomachs; yea, they should feed on the labours of their own hands, enjoying a proportionable profit of their pains to themselves ; their beds should be good, and their bedfellows better, seeing the richest yeomen in England would not disdain to marry their daughters unto them...
Page 36 - The condition of the class can be bettered in no other way than by altering that proportion to their advantage : and every scheme for their benefit, which does not proceed on this as its foundation, is, for all permanent purposes, a delusion.
Page 36 - If wages are higher at one time or place than at another, if the subsistence and comfort of the class of hired labourers are more ample, it is for no other reason than because capital bears a greater proportion to population.
Page 175 - That the percentage of outlay for lodging or rent, and for fuel and light, is invariably the same, whatever the income.