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" 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. "
The Works of David Ricardo - Page 52
by David Ricardo, John Ramsay McCulloch - 1886 - 584 pages
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The British review and London critical journal

1817 - 522 pages
...which may be increased or diminished in quantity, has its natural and its market price ;" β€” that, " the natural price of labour is that price which is...their race, without either increase or diminution ; " β€” that " the power of the labourer to support himself and the family which may be necessary to...
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The Pamphleteer, Volume 17

Great Britain - 1820 - 606 pages
...of this subject. " The natural price of labor is that price which is necessary to enable laborers, one with another, to subsist, and to perpetuate their race, without either increase or diminution."' Though the wages of labor are paid in money, yet the natural price does not depend upon the quantity...
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - Economics - 1821 - 482 pages
...affect the Habits of the IAbouring Classes. MR. RICARDO has defined the natural price of labour to be " that price which is necessary to enable the labourers...their race, without either increase or diminution."* This price I should really be disposed to call a most unnatural price; because in a natural state of...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - Agriculture - 1826 - 188 pages
...Ricardo's definition of the natural price of labour agree with either of these definitions of the terms ? Is that " price which is necessary to enable the labourers one with another to subsist and perpetuate their race without either increase or diminution," the price to which the actual price of...
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Price of Corn and Wages of Labour, with Observations Upon Dr. Smith's, Mr ...

Sir Edward West - Agriculture - 1826 - 194 pages
...definition of the natural price of labour agree with either of these definitions of the terms ? Is that te price which is necessary to enable the labourers one with another to subsist and perpetuate their race without either increase or diminution," the price to which the actual price of...
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Lectures on the Elements of Political Economy

Thomas Cooper - Economics - 1826 - 302 pages
...therefore for food, not keeping pace with the supply. By Mr. Ricardo, the natural wages of labour, is that which is necessary to enable the labourers, one with another, to subsist and perpetuate their race, without encrcase or diminution. By Br. Malthus, the natural or necessary wages...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 444 pages
....suddenly became profit of stock ? Mr Ricardo defines the natural price (or wages) of labour to be " that price which is necessary to enable the labourers,...their race, without either increase or diminution."* But this definition could only be intended to apply to the very lowest description of labourers, whom...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - Economics - 1829 - 440 pages
...suddenly became profit of stock ? Mr Ricardo defines the natural price (or wages) of labour to be " that price which is necessary to enable the labourers,...perpetuate their race, without either increase or diminution.'1* But this definition could only be intended to apply to the very lowest description of...
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The Life of Sir Thomas Munro, Late Governor of Madras: With ..., Volume 2

George Robert Gleig - India - 1830 - 472 pages
...continuing for any length of time, either much above or much below their natural price." WAGES. P. 85. " The natural price of labour is that price which is...enable the labourers, one with another, to subsist and perpetuate their race, without either increase or diminution." P. 86. "The marketprice of labour is...
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β€œThe” Life of Major-General Sir Thomas Munro, Bart. and K.C.B ..., Volume 2

George Robert Gleig - Chennai (India) - 1830 - 478 pages
...continuing for any length of time, either much above or much below their natural price." WAGES. P. 85. " The natural price of labour is that price which is...enable the labourers, one with another, to subsist and perpetuate their race, without either increase or diminution." P. 86. "The marketprice of labour is...
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