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… - William Stanley Jevons

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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.

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About William Stanley Jevons

William Stanley Jevons (1 September 1835 – 13 August 1882) was an English economist and logician.

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