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" ... any sort of action or operation, whether performed by man, the lower animals, machinery, or natural agents, that tends to bring about a desirable result! "
Principles of Political Economy - Page 143
by George Poulett Scrope - 1833 - 457 pages
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Principles of the Economic Philosophy of Society, Government, and Industry ...

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...
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History and Criticism of the Labor Theory of Value in English Political Economy

Albert Conser Whitaker - Economics - 1904 - 194 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...
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The Principles of Economics: A Fragment of a Treatise on the Industrial ...

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...
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David Ricardo: Critical Responses, Volume 4

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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