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" In exchanging the complete manufacture either for money, for labour, or for other goods, over and above what may be sufficient to pay the price of the materials, and the wages of the workmen, something must be given for the profits of the undertaker of... "
Capital and Interest: A Critical History of Economical Theory - Page 71
by Eugen von Böhm-Bawerk - 1890 - 431 pages
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The People's Science: The Popular Political Economy of Exploitation and ...

Noel W. Thompson - Business & Economics - 2002 - 266 pages
...of Nations, ed. RH Campbell, AS Skinner and WB Todd (2 vols., Oxford, Clarendon Press, 1976), p. 65. or for other goods, over and above what may be sufficient to pay the price of materials and the wages of the workmen something must be given for the profits of the undertaker of...
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David Ricardo: Critical Responses, Volume 3

Terry Peach - Economics - 2003 - 256 pages
...make a profit by the sale of their work, or by what their labour adds to the value of the materials. In exchanging the complete manufacture, either for...the undertaker of the work who hazards his stock in this adventure. The value which the workmen add to the materials, therefore, resolves itself, in this...
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Adam Smith: Selected Philosophical Writings

Adam Smith - Business & Economics - 2004 - 260 pages
...make a profit by the sale of their work, or by what their labour adds to the value of the materials. In exchanging the complete manufacture either for...the undertaker of the work who hazards his stock in this adventure. The value which the workmen add to the materials, therefore, resolves itself in this...
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Marx's Labor Theory of Value: A Defense

Hayashi Hiroyoshi - Labor theory of value - 2005 - 420 pages
...make a profit by the sale of their "work, or by "what their labour adds to the value of the materials. In exchanging the complete manufacture either for...undertaker of the "work "who hazards his stock in this adventure. The value "which the "workmen add to the materials, therefore, resolves itself in this...
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Adam Smith's Moral Philosophy: A Historical and Contemporary Perspective on ...

Jerry Evensky - Business & Economics - 2005 - 364 pages
...issue. The worker must receive a wage in order to survive and as an incentive to work, and so, too, "something must be given for the profits of the undertaker of the work who hazards his [accumulated] stock in this adventure" (WN, 66). Similarly, "[a]s soon as the land of any country has...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Business & Economics - 2007 - 513 pages
...their work, or by what their labour adds t» Ac value of the materials. In exchanging the com. plete manufacture either for money, for labour, or for other goods, over and above what may b? fufficient to pay the price of the materials, awl the wages of the workmen, ibmething muft be given...
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The Real Price of Everything: Rediscovering the Six Classics of Economics

Michael Lewis - Economic policy - 2007 - 1476 pages
...to the value of the materials. In exchanging the complete manufacture either for money, for labor, west class being not only overstocked with its own...the other classes, the competition for employment this adventure. The value which the workmen add to the materials, therefore, resolves itself in this...
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Progress and Profits in British Economic Thought, 1650-1850

G. S. L. Tucker - Economics - 1960 - 224 pages
...make a profit by the sale of their work, or by what their labour adds to the value of the materials. In exchanging the complete manufacture either for...the undertaker of the work who hazards his stock in this adventure. The value which the workmen add to the materials, therefore, resolves itself in this...
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Selected Titles From the Digest

186 pages
...the building be pulled down. And yet if. the owner of the soil sues for the building, and will not pay the price of the materials and the wages of the workmen, he can be met by the plea of fraud, at any rate if the builder did not know that the soil was another's,...
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