Investing · Western classics
David Ricardo:On the Principles of Political Economy and Taxation, Excerpt 94
David Ricardo《On the Principles of Political Economy and Taxation》· On the Principles of Political Economy and Taxation · Investing
In both cases too the market price of labour will rise above its natural price; and in both cases it will have a tendency to conform to its natural price, but in the first case this agreement will be most speedily effected. The situation of the labourer will be improved, but not much improved; for the increased price of food and necessaries will absorb a large portion of his increased wages; consequently a small supply of labour, or a trifling increase in the population, will soon reduce the market price to the then increased natural price of labour.
Source:
https://www.gutenberg.org/ebooks/33310
Locator:Excerpt 94 · Verified:2026-10-19 · Verification:Short excerpt
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