| Adam Smith - 2004 - 260 стор.
...smaller number than would otherwise be disposed to enter into them, occasions a very important inequality in the whole of the advantages and disadvantages of the different employments of labour and stock .... Thirdly, the policy of Europe, by obstructing the free circulation of labour and stock both from... | |
| John F. Monagle, David C. Thomasma - 2005 - 648 стор.
...et al. (Indianapolis, Ind.: Liberty Classics, l978), i.l4, v.l42. l4. This is because. Smith argues, "the whole of the advantages and disadvantages of the different employments of labour and stock ... be either perfectly equal or continually tending to equality" ( The Wealth of Nations, Ixal). l5.... | |
| Loek Groot - 2004 - 164 стор.
...old as modern economic science itself. Adam Smith, the founding father of this idea, described how '...the whole of the advantages and disadvantages of the different employments of labor and stock must, in the same neighborhood, be either perfectly equal or continually tending toward... | |
| Glyn Lloyd-Hughes - 2005 - 412 стор.
...the competition beyond what it naturally would be, occasions another inequality, of an opposite kind, in the whole of the advantages and disadvantages of the different employments of labour and stock. In professions such as law and physic, if an equal proportion of people were educated at the public... | |
| Jerry Evensky - 2005 - 364 стор.
...Smith describes the natural dynamics of flows of labor and stock under perfect liberty as follows: The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in... | |
| Richard Layard, P. Richard G. Layard, S. J. Nickell, Richard Jackman - 2005 - 678 стор.
...traditional view of the wage structure derives from Adam Smith's theory of compensating wage differentials: The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in... | |
| Humberto Barreto, Frank Howland - 2006 - 810 стор.
...answer (from the previous question) is even farther away from 7 percent. What is going on? References The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in... | |
| Neri Salvadori - 2006 - 458 стор.
...in natural rates are usually common to all sectors. Granted the condition of 'perfect liberty' and the 'whole of the advantages and disadvantages of the different employments of labour and stock' (Wealth, Book I, Chapter X), this implies that at any moment there is a single 'ordinary or average'... | |
| Martin Bronfenbrenner - 1971 - 506 стор.
...labor theory of value; his exposition applies to the rate of profit equally with the wage structure:41 The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighborhood, be either perfectly equal or continually tending to equality. If in... | |
| Adam Smith - 2007 - 513 стор.
...and well known, the competition reduces. them to the level of other trades. SBCONIILV, This equality in the whole of the advantages and disadvantages of the different employments of labour and ftock, can take place Only in the ordinary, or what may be called the natural Rate of thofe employments.... | |
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