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" Those ten persons, therefore, could make among them upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if... "
Principles of Political Economy: With Some of Their Applications to Social ... - Page 147
by John Stuart Mill - 1848 - 566 pages
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Principles of Political Economy

Charles Gide - Economics - 1909 - 728 pages
...in a day. But if they bad all wrought separately and independently, and without any of them baring been educated to this peculiar business, they certainly...them have made twenty, perhaps not one pin in a day ; that is, certainly ant the two hundred and fortieth, perhaps not the forty-eight hundredth part of...
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1909 - 676 pages
...forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently, and without any of them havmg been educated to this peculiar business, they certainly could not each of them have made twenty,...
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Economics: A Practical Exposition of the Science of Business, with ...

Edward Sherwood Mead - Economics - 1913 - 512 pages
...eight hundred pins a day. But if they had all wrought separately and independently, and without an}' of them having been educated to this peculiar business,...each of them have made twenty, perhaps not one pin a day ; that is, certainly, not the two hundred and fortieth, perhaps not the four thousand eight hundredth...
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A Text-book of Economics

Milton Briggs - Economics - 1921 - 552 pages
...in a day. Each person . . . might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently,...them have made twenty, perhaps not one pin in a day ; that is, certainly, not the twohundred-and fortieth, perhaps not the four-thousand-eighthundredth...
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Readings in Economics

Thames Williamson - Economics - 1923 - 568 pages
...forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently,...them have made twenty, perhaps not one pin in a day; that is, certainly, not the two hundred and fortieth, perhaps not the four thousand eight hundredth...
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Chambers's Encyclopaedia: A Dictionary of Universal Knowledge, Volume 4

David Patrick, William Geddie - Encyclopedias and dictionaries - 1924 - 888 pages
...ten men could make about 48,000 pins in a day, whereas, if they worked separately and independently, they certainly could not each of them have made twenty, perhaps not one piu in a day. Adam Smith offers the following reasons why the division of labour secures greater efficiency...
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An Introduction to Economics for Canadian Readers

Duncan Alexander MacGibbon - Canada - 1917 - 224 pages
...forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently,...them have made twenty, perhaps not one pin in a day; that is, certainly not the two hundred and fortieth, perhaps not the four thousand eight hundredth...
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Steps in Industry

Edmond Earl Lincoln - Economics - 1926 - 240 pages
...the work, were able with only the crudest kind of machinery to make 48,000 pins in a day, he says : "But if they had all wrought separately and independently,...and without any of them having been educated to this particular business, they certainly could not each of them have made 20, perhaps not one pin in a day...
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Economic Principles: A Case Book

Homer Bews Vanderblue, Charles Insco Gragg - Economics - 1927 - 702 pages
...forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently,...them have made twenty, perhaps not one pin in a day; that is, certainly, not the two hundred and fortieth, perhaps not the four thousand eight hundredth,...
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Liberalism and the Economic Order

Ellen Frankel Paul, Fred Dycus Miller, Jeffrey Paul - Business & Economics - 1993 - 344 pages
...forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently,...them have made twenty, perhaps not one pin in a day. . . ,13 As even Smith recognized, however, such fragmentation of workplace tasks can exact a heavy...
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