Excerpt from Practical Observations on Mr. Ricardo's Principles of Political Economy and Taxation In the following extracts, Mr. Ricardo has clearly defined the nature of wages: Pages 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." About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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