Practical Observations on Mr. Ricardo's Principles of Political Economy and Taxation (Classic Reprint) - Couverture souple

John Stuckey Reynolds

9781331317432: Practical Observations on Mr. Ricardo's Principles of Political Economy and Taxation (Classic Reprint)

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ISBN 10 : 1331317436 ISBN 13 : 9781331317432

Editeur : Forgotten Books, 2020

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Ov Mr. Ricardo sopinion that a rise in wages does not ijicrease the jice of commodities. In the following extracts, Mr. Ricardo has clearly defined the nature of wages :P age 86. Labour, like all other things which are purchased 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 necessary to 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 hiniselfj and the family which may be necessary to keep up the number of labourers, does not depend on the (juantity of money which he may receive for wages, but on the quantity of fond, necessaries, and conveniences become essential to This and the folluwiiv extracts ure made from tlie third edition.
(Typographical errors above are due to OCR software and don't occur in the book.)

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�diteurForgotten Books
Date d'�dition2020
ISBN 10 1331317436
ISBN 13 9781331317432
ReliureBroch�
Langueanglais
Nombre de pages108

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9785518809239: Practical observations on Mr. Ricardo's Principles of political economy and taxation

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ISBN 10 : 5518809239 ISBN 13 : 9785518809239
Editeur : Book on Demand Ltd., 2013
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Practical Observations on Mr (Classic Reprint)

John Stuckey Reynolds

Edit� par Forgotten Books, 2020

ISBN 10 : 1331317436 ISBN 13 : 9781331317432

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Paperback. Etat : New. Print on Demand. This book challenges prevailing economic theories regarding value and profit, particularly the long-held belief that a rise in wages leads to an increase in the price of commodities. The author argues that the natural value of a commodity is determined by the amount of fixed capital employed and the value of the necessities consumed by the laborers during its production and conveyance to market. The author provides compelling evidence to support the theory that a rise in wages will not automatically lead to higher prices for goods. This revolutionary perspective on economics debunks traditional assumptions and offers a fresh understanding of the relationship between wages, prots, and the value of commodities. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N� de r�f. du vendeur 9781331317432_0

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