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" 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 the same neighbourhood, there was any employment evidently... "
The Wages Question: A Treatise on Wages and the Wages Class - Сторінка 193
автори: Francis Amasa Walker - 1876 - 428 стор.
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David Ricardo: Critical Responses, Том 4

Terry Peach - 2003 - 370 стор.
...labourer ten times the amount necessary for the subsistence of a family. Adam Smith has laid down, that "the whole of the advantages and disadvantages of the different employments of labour and capital must, in the same neighbourhood, be either perfectly equal or continually tending...
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Compensation: Theory, Evidence, and Strategic Implications

Barry Gerhart, Sara Rynes - 2003 - 326 стор.
...attractiveness and that any short-run differences in attractiveness would disappear in the long run: 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...
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Basic Income, Unemployment and Compensatory Justice

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...neighborhood, be either perfectly equal or continually tending toward equality' (Smith 1982, 100). The theory of compensating or equalising wage differentials, as...
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Health Care Ethics: Critical Issues for the 21st Century

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...
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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - 260 стор.
...employment and from place to place. First, the policy of Europe occasions a very important inequality in the whole of the advantages and disadvantages of the different employments of labour and stock, by restraining the competition in some employments to a smaller number than might...
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Unemployment: Macroeconomic Performance and the Labour Market

P. Richard G. Layard, Richard Layard, S. J. Nickell, Richard Jackman - 2005 - 686 стор.
...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 the same neighbourhood, there was any employment evidently either more or less advantageous than the rest, so...
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Adam Smith's Moral Philosophy: A Historical and Contemporary Perspective on ...

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...
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The Squashed Philosophers

Glyn Lloyd-Hughes - 2005 - 412 стор.
...those of other people. CHAPTER X. OF WAGES AND PROFIT IN THE DIFFERENT EMPLOYMENTS OF LABOUR AND STOCK. The whole of the advantages and disadvantages of the different employments of labour and stock, must, in the same neighbourhood, continually tending to equality. Yet wages and profit...
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Unemployment: Macroeconomic Performance and the Labour Market

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...
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Economic Growth and Distribution: On the Nature and Causes of the Wealth of ...

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...
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