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" Wages are to be estimated by their real value, viz., by the quantity of labour and capital employed in producing them, and not by their nominal value either in coats, hats, money, or corn. "
Three lectures on the cost of obtaining money, and on some effects of ... - Page 97
by Nassau William Senior - 1830
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - 566 pages
...commodities, the quantity paid to the labourer and landlord would have increased in the proportion of 25 to 44. Wages are to be estimated by their real...corn. Under the circumstances I have just supposed, commodities would have fallen to half their former value, and if money had not varied, to half their...
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Two Lectures on Population: Delivered Before the University of Oxford, in ...

Nassau William Senior, Thomas Robert Malthus - 1828 - 500 pages
...the class of labourers and landlords, and a greater to " the class of capitalists, than had been gwen before. " We might find, for example, that though...corn. '' Under the circumstances I have just supposed, com" modities would have fallen to half their former value, " and if money had not varied, to half...
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Three Lectures on the Transmission of the Precious Metals from Country to ...

Nassau William Senior - 1828 - 320 pages
...corn pro" duced, if " The labourers had before ... 25 " The landlords 25 " And the capitalists . SO 100 " and if, after these commodities were double...corn. " Under the circumstances I have just supposed, com'' modules would have fallen to half their former value, " and if money had not varied, to half...
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Three Lectures on the Cost of Obtaining Money: And on Some ..., Volume 28

Nassau William Senior - 1830 - 308 pages
...one hundred " The labourers had only ... 22 " The landlords 22 " And the capitalists .... 56 106 " in that case I should say, that wages and rent had...corn. '' Under the circumstances I have just supposed, com" modities would have fallen to half their former value, " and if money had not varied, to half...
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An Examination of the Doctrines of Value: As Set Forth by Adam Smith ...

Charles Forster Cotterill - 1831 - 160 pages
...commodities, the quantity paid to the labourer and landlord would have increased in the proportion of 25 to 44. Wages are to be estimated by their real...corn. Under the circumstances I have just supposed, commodities would have fallen to half their former value, and if money had not varied, to half their...
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Political Economy

John BROADHURST - 1842 - 330 pages
...wages do not fall. But it is notorious that profits and wages do then fall. Wages, Mr. Ricardo says, are to be estimated by their real value ; viz. " by...nominal value either in coats, " hats, money, or corn." Thus, according to this writer, the real value of an article is not what it will fetch, but the amount...
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The Quarterly Review, Volume 147

1879 - 612 pages
...quantity paid to the labourer and landlord would have increased in the proportion of 25 to 44. Wages arc to be estimated by their real value, viz. by the quantity...corn. Under the circumstances I have just supposed, commodities would have fallen to half their former value, and, if money had not varied, to half their...
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The Works of David Ricardo

David Ricardo, John Ramsay McCulloch - 1886 - 688 pages
...commodities, the quantity paid to the labourer and landlord would have increased in the proportion of 25 to 44. Wages are to be estimated by their real...them, and not by their nominal value either in coats, hat#, money, or corn. Under the circumstances I have just supposed, commodities would have fallen to...
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The First Six Chapters of the Principles of Political Economy and Taxation ...

David Ricardo - 1895 - 166 pages
...commodities, the quantity paid to the labourer and landlord would have increased in the proportion of 25 to 44. Wages are to be estimated by their real...corn. Under the circumstances I have just supposed, commodities would have fallen to half their former value, and, if money had not varied, to half their...
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Het wijsgeerig-economisch stelsel van Karl Marx: Eene critische studie, Volume 2

Marie Willem Frederik Treub - 1903 - 464 pages
...the value of this produce, we should find that a less value had fallen to the class of labourers .... Wages are to be estimated by their real value, viz....nominal value either in coats, hats, money, or corn. If... . the wages of the labourer should be found to have fallen, it (would) not the less be a real...
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