The proposition of Mr. Ricardo, which states that a rise in the price of labour lowers the price of a large class of commodities, has undoubtedly a very paradoxical air; but it is, nevertheless, true, and the appearance of paradox would vanish, if it were stated more naturally and correctly.
Thomas Robert Malthus (1836). “Principles of Political Economy: Considered with a View to Their Practical Application”, p.88
