...from habit, which that money will purchase. The natural price of labour, therefore, depends on the price of the food necessaries, and conveniences required for the support of the labourer and his family. With a rise in the price of food and necessaries, the natural price of labour...

...price, and infers from these premises that the actual money price of labour will deF pend upon the price of the food, necessaries, and conveniences required for the support of the labourer and his family. In a word, he assumes that the real wages, that is, the quantity of food,...

...price, and infers from these premises that the actual money price of labour will de65 pend upon the price of the food, necessaries, and conveniences required for the support of the labourer and his family. In a word, he assumes that the real wages, that is, the quantity of food,...

...fundamental errors of Mr Ricardo's system. " The natural price of labour," he says, " depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family" ( On Political Economy and Taxation, 3d edition, p. 86), and the price of...

...race, without either increase or diminution." " The natural price of labor depends on the price of food, necessaries, and conveniences required for the support of the laborer and his family. With a rise in the price of food and necessaries, the natural price of labor will rise ; with a fall...

...which was for many years quite generally accepted, that " the natural price of labor depends on the price of the food, necessaries and conveniences required for the support of the laborer, so that with a rise in the price of food and necessaries, the price of labor will rise ; with a fall...

...absolute necessaries of life." Ricardo did say : ' ' The natural price of labor depends on the price of food, necessaries and conveniences required for the support of the laborer and his family." "Necessaries and conveniences" is quite a different thing from "the absolute necessaries of life."...

...from habit, which that money will purchase. The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family. With a rise in the price of food and necessaries, the natural price of labour...

...theory of the incidence of the various forms of taxation rests on the same basis. Wages depend on the "price of the food, necessaries and conveniences required for the support of the labourer and his family"; and, " with a rise in the price of food and necessaries, the natural price...

...without either increase or diminution . . . . The natural price of labour, therefore, depends on the price of the food, necessaries, and conveniences required for the support of the labourer and his family." l This is somewhat different from what Lassalle puts into his mouth ; but,...