Quote#Wisdom
There is no such thing as absolute cost of labour; it is all a matter…
Quote byWilliam Stanley Jevons · 1835–1882
Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: The Theory of Political Economy (1871), Preface To The Second Edition, p. 31..
English (original)
There is no such thing as absolute cost of labour; it is all a matter of comparison. Every one gets the most which he can for his exertions; some can get little or nothing, because they have not sufficient strength, knowledge or ingenuity; others get much, because they have, comparatively speaking, a monopoly of certain powers.
— William Stanley Jevons
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