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" What supports and employs productive labour, is the capital expended in setting it to work, and not the demand of purchasers for the produce of the labour when completed. "
The Principles of Economics: A Fragment of a Treatise on the Industrial ... - Page 127
by William Stanley Jevons - 1905 - 273 pages
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Blackwood's Magazine, Volume 64

England - 1848 - 788 pages
...their money for profit. "What supports and employs productive labour," says Mr Mill, (vol. ip 97,) " is the capital expended in setting it to work, and not the demand of purchases for the produce of the labour when completed. Demand for commodities is not demand for labour....
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Principles of Political Economy: With Some of Their Applications ..., Volume 1

John Stuart Mill - Business & Economics - 1848 - 622 pages
...respecting Capital, which is, perhaps, oftener overlooked or misconceived than even any of the foregoing. What supports and employs productive labour, is the...the produce of the labour when completed. Demand for * Infra, book iv. chap. iv. v. VOL. I. commodities is not demand for labour. The demand for commodities...
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Blackwood's Edinburgh Magazine, Volume 64

England - 1848 - 802 pages
...their money for profit. " What supports and employs productive labour," says Mr Mill, (vol. ip 97,) " is the capital expended in setting it to work, and not the demand of purchases for the produce of the labour when completed. Demand for commodities is not demand for labour....
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Blackwood's Edinburgh Magazine, Volume 64

Scotland - 1848 - 798 pages
...their money for profit. " What enpports and employs productive labour," says Mr Mill, (vol. ip 97,) " is the capital expended in setting it to work, and not the demand of purchases for the produce of the labour when completed. Demand for commodities is not demand for labour....
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Principles of Political Economy: With Some of Their Applications ..., Volume 1

John Stuart Mill - Economics - 1849 - 638 pages
...respecting Capital, which is, perhaps, oftener overlooked or misconceived than even any of the foregoing. What supports and employs productive labour, is the...labour and capital shall be employed , it determines * Infra, book iv. chap. Ir. v. VOL. I. H in producing certain things instead of other things. The demand...
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Principles of Political Economy: With Some of Their Applications ..., Volume 1

John Stuart Mill - Economics - 1852 - 672 pages
...respecting Capital, which is, perhaps, oftener overlooked or misconceived than even any of the foregoing. What supports and employs productive labour, is the...the produce of the labour when completed. Demand for * Infra, book iv. chap. iv. v. VOL. I. commodities is not demand for labour. The demand for commodities...
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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1853 - 282 pages
...increasing their quantity. Mr. JS Mill states it as a fundamental theorem in respect to capital, " that what supports and employs productive labour is the...the labour when completed. Demand for commodities,' ' he adds, " is not demand for labour. The demand for commodities determines in what particular branch...
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A Manual of Political Economy

Erasmus Peshine Smith - Economics - 1853 - 284 pages
...demand of purchasers for the produce of the labour when completed. Demand for commodities," he adds, " is not demand for labour. The demand for commodities determines in what particular branch of labour and production the labour and capital shall be employed; it determines the direction of the...
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Principles of Political Economy: With Some of Their Applications ..., Volume 1

John Stuart Mill - Economics - 1857 - 632 pages
...even any of the foregoing. What supports and employs productive labour, is the capital expended in_ setting it to work, and not the demand of purchasers...the labour when completed. Demand for commodities is mot demand for lahnnr The demand for commodities determines in what particular branch of produc,tion...
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Principles of Political Economy: With Some of Their Applications to Social ...

John Stuart Mill - Economics - 1862 - 632 pages
...respecting Capital, which is, perhaps, oftener overlooked or misconceived than even any of the foregoing. What supports and employs productive labour, is the...for commodities determines in what particular branch the production of labour and capital shall be employed ; it determines the direction of the labour...
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