 | Terry Peach - 2003 - Страниц: 378
...which may be increased or diminished in quantity. has its natural and its market price:”—that, “the natural price of labour is that price which...enable the labourers. one with another, to subsist and to perpetuate their race, without either increase or diminution;”—that “the power of the labourer... | |
 | Terry Peach - 2003 - Страниц: 256
...has rendered it necessary for him to look out for a natural price of labour, which he thus defines. “The natural price of labour is that price which...enable the labourers, one with another, to subsist and to perpetuate their race without either increase or diminution.” It is hardly possible to refrain... | |
 | Giovanni A. Caravale, Domenico A. Tosato - 2003 - Страниц: 280
...spirit — of Ricardo's text. In the Principles ((68), p. 93) Ricardo adopts the following definition: The natural price of labour is that price which is...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.' Hicks and Hollander (39) - strictly... | |
 | Anthony Wilden - 2001 - Страниц: 664
...a ‘struggle for existence' governed by Malthusian laws of starvation: The natural price of labor is that price which is necessary to enable the labourers,...with another, to subsist and perpetuate their race, without either increase or diminution (1817: quoted by Hardin, 1963: 282). The point to be made, of... | |
 | Bruce E. Kaufman, International Labour Office - 2004 - Страниц: 760
...level in the long run — termed the “iron law of wages”. Ricardo (1817: 90), for example, states, “The natural price of labour is that price which...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.” This prediction rests on the Malthusian... | |
 | David Ricardo, F. W. Kolthammer - 2004 - Страниц: 324
...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...enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution. The power of the labourer to support... | |
 | Denis Patrick O'Brien - 2004 - Страниц: 458
...Malthus's Essay. It provided him with a "cost of production" theory of wages. "The natural price of labor 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." 14 Wages will conform to this level.... | |
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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 perpetuate their race 
