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Subject Area: Economics
Topic: General Treatises on Economics

THE PRICE OF LABOUR, - Thomas Robert Malthus, Definitions in Political Economy [1827]

Edition used:

Definitions in Political Economy (London: John Murray, 1827).

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THE PRICE OF LABOUR,

28. Has generally been understood to mean the average money-price of common day-labour, and is not therefore different from the rate of wages, except that it more specifically refers to money.