"Profits depend on high or low wages, wages on the price of necessaries, and the price of necessaries chiefly on the price of food."
— David Ricardo
Profits Depend On High Or Low
Profits depend on high or low wages, wages on the price of necessaries, and the price of necessaries chiefly on the price of food.
economics food wages
Source
Principles of Political Economy and Taxation, Chapter 6 (1817)
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