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absolutely Adam Smith adopted amount bank notes Bank of England banker Bills of Exchange Bills of Lading bullion called capital cause of Value circulation coin coinage commerce commodities conception Condillac consumed Consumption Credit currency debt debtor decimal definition of wealth distinct doctrine earth Economic Quantities Economists England equal exactly fundamental give gold and silver Hence human ideas Incorporeal Property increase J. B. Say land and labour Law of Value material products means measure merchant metal Mill nations Natural Philosophy nature object ounce payment person Pheidon phenomena Philosophy Physical Science Physiocrates Political Economy possess pound pound weight principles produce of land productive labourers profit purchase quantity of labour receive Ricardo Roman Law seignorage sell shew shewn shilling Smith species suppose term Theory things tion trade transfer true Wealth of Nations weight word writers
Сторінка 251 - Consumption is the sole end and purpose of all production ; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Сторінка 46 - But know, that in the soul Are many lesser faculties, that serve Reason as chief ; among these, fancy next Her office holds ; of all external things, Which the five watchful senses represent, She forms imaginations, airy shapes, Which reason, joining or disjoining, frames All what we affirm or what deny, and call Our knowledge or opinion ; then retires Into her private cell when nature rests.
Сторінка 249 - The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Сторінка 160 - The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Сторінка 263 - 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 effect.
Сторінка 264 - The labour of the menial servant, on the contrary, does not fix or realize itself in any particular subject or vendible commodity. His services generally perish in the very instant of their performance, and seldom leave any trace or value behind them, for which an equal quantity of service could afterwards be procured.
Сторінка 39 - ... which make those men that take their instruction from the authority of books and not from their own meditation to be as much below the condition of ignorant men as men endued with true science are above it.
Сторінка 308 - ... is to be counted into the bread we eat; the labour of those who broke the oxen, who digged and wrought the iron and stones, who felled and framed the timber employed about the plough, mill, oven, or any other utensils, which are a vast number, requisite to this corn, from its...
Сторінка 79 - Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects: first, to provide a plentiful revenue or subsistence for the people, or more properly to enable them to provide such a revenue or subsistence for themselves; and second, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.
Сторінка 134 - Fourthly, of the acquired and useful abilities of all the inhabitants or members of the society. The acquisition of such talents, by the maintenance of the acquirer during his education, study, or apprenticeship, always costs a real expense, which is a capital fixed and realized, as it were, in his person.