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.
David Ricardo Quotes
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money.
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| Birth: | 18th April, 1772 |
| Death: | 11th September, 1823 |
| Nationality: | British |
| Profession: | Economist |
About
David Ricardo was born in London. He was a British political economist, stock trader, and author. He was often credited with systematising economics, and was one of the most influential of the classical economists, along with Thomas Malthus, Adam Smith, and John Stuart Mill.
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