...discover}' ; it is simply the law stated by Ricardo, when he 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." But Lassalle invented the name, and that is often of as much importance...

...13. Say, in his " Principles of Political Economy," defining the natural price of labor, says: "It is that price which is necessary to enable the laborers,...another, to subsist and perpetuate their race without increase or diminution." There you have it, plump and plain. The fundamental principles of Say, Ricardo,...

...JB Say, in his " Principles of Political Economy," defining the natural price of labor, says: "It is that price which is necessary to enable the laborers,...another, to subsist and perpetuate their race without increase or diminution." There you have it, plump and plain. The fundamental principles of Say, Ricardo,...

...Ricardo's " Law of Wages." Ricardo expresses his law in these words : " 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." Ricardo has previously explained...

...Mr. Ricardo, a leading English political economist, lays it down 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 either increase or diminution. (Works, 1871, p. 50.) It is difficult...

...call the "iron law of wages" enunciated by Ricardo, who taught that the natural rate of wages is " that price which is necessary to enable the laborers one with another to subsist, and to perpetuate their race without increase or diminution." It is true that Ricardo qualified this law...

...condition of the body politic. Ricardo, in his writings on wages, says: "The natural price of labor U that price which is necessary to enable the laborers, one with another, to subsist and to per|,etuatc their nice without either increase or diminution." IIe also says : " The market price...

...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...

...sink, and spread a ruin round. "The iron law of wages," says Eicardo, " 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," gays Karl Marx, " is bought at its...

...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...their race without either increase or diminution. " It is when the market price of labor exceeds its natural price that the condition of the laborer...