| Adam Smith - Economics - 1822 - 522 pages
...can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for. As soon as stock has accumulated in the hands of particular...adds to the value of the materials. In exchanging the com. pletc manufacture either for money, for labour, or for other goods, over and above what may be... | |
| Adam Smith - Economics - 1838 - 476 pages
...can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for. As soon as stock has accumulated in the hands of particular...adds to the value of the materials. In exchanging Ute complete manufacture either for money, for labour, or for other goods, over and above what may... | |
| Dugald Stewart - 1877 - 488 pages
...Smith has given in a different chapter, of the component parts of the price of commodities : — " As soon as stock has accumulated in the hands of particular-...it in setting to work industrious people, whom they wiy supply with materials and subsistence, in order to make a profit by the sale of their work, or... | |
| Edwin Cannan - Economics - 1903 - 458 pages
...of labour. They are regarded as somehow the result of the fact that capitalists employ labour : — 'As soon as stock has accumulated in the hands of...work, or by what their labour adds to the value of the materials.'1 Employers would not employ labour at all if they did not expect some profit, some surplus... | |
| Adam Smith - Economics - 1904 - 480 pages
...can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for. As soon as stock has accumulated in the hands of particular persons, some of them will naturally em-l ploy it in setting to work industrious people, whom! they will supply with materials and subsistence,... | |
| Adam Smith - Economics - 1909 - 676 pages
...can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for. As soon as stock has accumulated in the hands of particular...work industrious people, whom they will supply with materiate and subsistence, in order to make a profit by the sale of their work, or by what their labour... | |
| Adam Smith - Economics - 1909 - 644 pages
...can regulate the quantity of labour which it ought commonly to purchase, command, or exchange for. As soon as stock has accumulated in the hands of particular persons, some of them wili naturally employ it in setting to work industrious people, whom they will supply with materials... | |
| Maurice Dobb - Business & Economics - 1975 - 308 pages
...regulate the quantity of labour which it ought commonly to purchase, command or exchange for."* But "as soon as stock has accumulated in the hands of...their labour adds to the value of the materials". In such circumstances, "the value which the workmen add to the materials resolves itself in this case... | |
| Patricia Apps - Business & Economics - 1981 - 152 pages
...one beaver should naturally exchange for or be worth two deer [p. 150]. and in contrast he observed: As soon as stock has accumulated in the hands of particular...what their labour adds to the value of the materials [p. 151]. The difference between the two economies, however, does not depend on the level of accumulation.19... | |
| James A. Caporaso, David P. Levine - Business & Economics - 1992 - 258 pages
...sell their labor in order to acquire the means to satisfy their needs. As Adam Smith put it in 1776: As soon as stock has accumulated in the hands of particular...profit by the sale of their work, or by what their labor adds to the value of the materials. (1937:78) We can look at this result in two importantly different... | |
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