Instant Download Solution Manual For Essentials of Statistics 5th Edition Mario F Triola PDF Scribd
Instant Download Solution Manual For Essentials of Statistics 5th Edition Mario F Triola PDF Scribd
Instant Download Solution Manual For Essentials of Statistics 5th Edition Mario F Triola PDF Scribd
The produce of labour and capital, after rent has been paid, is
divided between the labourer and the capitalist, under the names of
Wages and Profits.
Where there are two shares, each determines the other, provided
they press equally upon one another.
The increase of the supply of labour, claiming reward, makes the
pressure in the present case unequal, and renders wages the
regulator of profits.
The restriction of the supply of food causes the fall of both profits
and wages.
The increased expense of raising food enhances its price: labour,
both agricultural and manufacturing, becomes dearer, (without
advantage to the labourer:) this rise of wages causes profits to fall;
and this fall brings after it a reduction of the labourer’s share, or a fall
of wages.
The fall of profits and wages is thus referrible to the same cause
which raises rent;—to an inequality in the fertility of soils.
A Tale.
BY
HARRIET MARTINEAU.
LONDON:
CHARLES FOX, 67, PATERNOSTER-ROW.
1833.
CONTENTS.
Chapter I.
VINE-GROWING.