 The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution.  Penn Monthly - עמוד 212נערך על ידי - 1872תצוגה מלאה - מידע על ספר זה
 | Van Buren Denslow - 1888 - 846 דפים
...increased or diminished in quantity, has iU natural and its market price. The natural price of labor is that price which is necessary to enable the laborers...with another to subsist and perpetuate their race wlthont either increase or diminution. " It is when the market price of labor exceeds its natural price... | |
 | Van Buren Denslow - 1888 - 854 דפים
...quantity, has its natural and its market price. The natural price of labor is that price which is neces>ary to enable the laborers one with another to subsist...their race without either increase or diminution. salary. If the wage for service rendered is blended with a profit. and is made contingent upon a risk,... | |
 | Elisha Benjamin Andrews - 1888 - 256 דפים
...unskilled workmen as employ no-rent lands or no-interest capital.2 ii That 'the natural price of labor is that price which is necessary to enable the laborers one with another to subsist and to perpetuate their race without increase or diminution,' according to the standard of comfort prevalent... | |
 | John Bates Clark, Franklin Henry Giddings - 1888 - 88 דפים
...term "natural" which Adam Smith had used in a sense so different, Ricardo defined natural wages as "that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without either increase or diminution." 2 To its author this definition meant... | |
 | John Borden - 1890 - 154 דפים
...apparently the opposite of that already given, namely, (Ricardo, chapter 5). "The natural price of labor is that price which is necessary to enable the laborers,...another, to subsist and perpetuate their race' without increase or diminution." This means labor as properly defined — not labor combined with knowledge... | |
 | American Academy of Political and Social Science - 1890 - 788 דפים
...of demand to its proper conclusion. II. Of "the Natural Price of Labor," Ricardo says that it " is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution." Thus defined, the natural price of... | |
 | Emory Adams Allen - 1891 - 558 דפים
...increased or diminished in quantity, has its natural and its market price. The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without either increase or diminution However much the market price of labor... | |
 | Nelson A. Dunning - 1891 - 824 דפים
...picture, and yet how true ! " The iron law of wages," says Ricardo, " is the natural price of labor which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race without increase or decrease." " Labor," says Karl Marx, "is bought at its... | |
 | Franklin Monroe Sprague - 1892 - 528 דפים
...1. Political Economists declare that such is the fact. Ricardo says, " The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution." * John Stuart Mill says that " this... | |
 | Richard Theodore Ely - 1893 - 826 דפים
...century as a corollary of the Malthusian law of population. Said Ricardo: " The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution." Granting the premises, the logic... | |
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