| Van Buren Denslow - Economics - 1888 - 854 pages
...life over • mlized. '. K. HcCuOoch, in his notes to Adam Smith, p. 435, defines labor as " any tort of action or operation, whether performed by man, the lower animals, machinery, or nsraral agents, that tends to bring about any desirable result. In so far, however, as u is done by... | |
| Albert Conser Whitaker - Economics - 1904 - 240 pages
...illustrate to what extremes the labor theory could be carried : " Labour may properly be defined to be any sort of action or operation, whether performed...machinery, or natural agents, that tends to bring about any desirable result." ' The distinction between the operations of men and those of machinery and natural... | |
| William Stanley Jevons - Economics - 1905 - 322 pages
...error when he said that labour consisted of "any sort of action or operation, whether performed by the lower animals, machinery, or natural agents, that tends to bring about any desirable result." * To mix 1 Traiti, liv. i. chap, vii., ad init. " Le travail est 1'nction des... | |
| Terry Peach - Economics - 2003 - 370 pages
...that 'the effects of capital may be called the effects of labour; and labour may be properly defined any sort of action or operation, whether performed...agents, that tends to bring about a desirable result!' We only ask, if labour and capital, as well as profits and wages, are convertible terms, let us convert... | |
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