...greater degree, to the accumulated capital of the community. He says : — There is one sort of labour, which adds to the value of the subject upon which...a value, may be called productive — the latter, unproductive1, labour. Thus, the labour of a manufacturer adds generally to the value of the materials...

...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends, therefore, to increase the exchangeable value of the annual produce of the land and labour...

...bereitwlllige Anerken"nung und bewundernde Zustimmung." 1 Harm. Econ. p. 131. maarde woorden van Adam Smith , "which adds to the "value of the subject upon...bestowed, there is "another which has no such effect The labour of a "manufacturer adds , generally, to the value of the mate"rials which he works upon , that...

...exchanged, accumulated, preserved, consequently in something material. " There is one sort of labour which adds * to the value of the subject upon which...There is another which has no such effect." " The labour of the manufacturer," he adds, " fixes and realizes itself in some particular subject or vendible...

...exchanged, accumulated, preserved, consequently in something material. " There is one sort of labour which adds * to the value of the subject upon which...There is another which has no such effect." " The labour of the manufacturer," he adds, " fixes and realizes itself in some particular subject or vendible...

...PRODUCTIVE AND UNPHODUCTIVE LABOUll. FT1HERE is one sort of labour which adds to the value of the _L subject upon which it is bestowed : there is another...of a manufacturer adds, generally, to the value of (he materials which he works upon, that of his own maintenance, and of his master's profit. The labour...

...arena. MR. STACR. Translate the following passage into Greek Prose : — There is one sort of labour which adds to the value of the subject upon which...which he works upon, that of his own maintenance and his master's profit. The labour of a menial servant, on the contrary, adds to the value of nothing....

...or to which it tempts, or whereby it is nourished." — Bishop Taylor. " There is one sort of labour which adds to the value of the subject upon which...it is bestowed ; there is another which has no such efl'ect. The former, as it produces a value, may be called productive, the latter unproductive, labour."...

...exactly the same error as he charged upon the Physiocrates. He says* — "There is one sort of labour which adds to the value of the subject upon which...upon that of his own maintenance, and of his master's profits." Smith then enlarges the term Productive Labour to include manufacturing and commercial labour...

...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends therefore to increase the exchangeable value of the annual produce of the land and labour...