David Ricardo: On the Principles of Political Economy and Taxation Year: 1817
Table of Contents
David Ricardo: On the Principles of Political Economyand Taxation
Chapter 1: On Value
Chapter 5: On Wages
https://doi.org/10.3735/9781961844230.book-part-020

  You don't have access to this content. Please try to log in with your institution. Sign In

Abstract

Money being a variable commodity, the rise of money-wages will be frequently occasioned by a fall in the value of money. 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.

Contents