Select Chapters and Passages from the Wealth of Nations of Adam Smith, 1776Macmillan and Company, 1894 - 285 páginas |
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Página 159
... circulating capital . A man must be perfectly crazy who , where there is tolerable security , does not employ all the stock which he commands , whether it be his own or has been borrowed of other people , in some way or other of those ...
... circulating capital . A man must be perfectly crazy who , where there is tolerable security , does not employ all the stock which he commands , whether it be his own or has been borrowed of other people , in some way or other of those ...
Página 163
... circulating or changing masters . It consists chiefly of the four following articles : - First , of all useful machines and instruments of trade which facilitate and abridge labour : Secondly , of all those profitable buildings which ...
... circulating or changing masters . It consists chiefly of the four following articles : - First , of all useful machines and instruments of trade which facilitate and abridge labour : Secondly , of all those profitable buildings which ...
Página 163
... circulating capital ; of which the characteristic is , that it affords a revenue only by circulating or changing masters . It is composed likewise of four parts : - First , of the money by means of which all the other three are circulated ...
... circulating capital ; of which the characteristic is , that it affords a revenue only by circulating or changing masters . It is composed likewise of four parts : - First , of the money by means of which all the other three are circulated ...
Página 163
... circulating capital . All useful machines and instruments of trade are originally derived from a circulating capital , which fur- nishes the materials of which they are made , and the maintenance of the workmen who make them . They ...
... circulating capital . All useful machines and instruments of trade are originally derived from a circulating capital , which fur- nishes the materials of which they are made , and the maintenance of the workmen who make them . They ...
Página 163
... circulating capital to cultivate them ; and their produce re- places with a profit , not only those capitals , but all the others in the society . Thus the farmer annually replaces to the manufacturer the provisions which he had ...
... circulating capital to cultivate them ; and their produce re- places with a profit , not only those capitals , but all the others in the society . Thus the farmer annually replaces to the manufacturer the provisions which he had ...
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Términos y frases comunes
ADAM SMITH advantages afford altogether annual produce artificers and manufacturers augment cattle circulating capital commodities commonly competition consumed consumption corporation laws cultivation dealers declension different employments division of labour effectual demand endeavours equal quantities exchange expense farmer foreign trade frequently George III gold and silver high or low improvement increase industry interest justices of peace Kelp Kirkcaldy labour and stock land and labour landlord less maintain maintenance manner masters ment merchants metals money price nations natural price necessarily necessary neighbourhood never obliged occasion ordinary profits ordinary rate paid parish particular poor pounds price of labour produce of land productive labour profits of stock proportion purchase quantity of labour raise rate of profit regulate rent of land revenue rude produce Scotland seldom sell society sometimes sort Spanish West Indies subsistence sufficient surplus tion town wages and profit wages of labour wealth whole workmen
Pasajes populares
Página xi - It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest.
Página 48 - 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.
Página viii - ... without the assistance and co-operation of many thousands, the very meanest person in a civilized country could not be provided, even according to, what we very falsely imagine, the easy and simple manner in which he is commonly accommodated.
Página 55 - People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
Página 1 - Each animal is still obliged to support and defend itself, separately and independently, and derives no sort of advantage from that variety of talents with which nature has distinguished its fellows. Among men, on the contrary, the most dissimilar geniuses are of use to one another; the different produces of their respective talents, by the general disposition to truck, barter, and exchange, being brought, as it were, into a common stock, where every man may purchase whatever part of the produce...
Página x - But man has almost constant occasion for the help of 'his brethren, and it is in vain for him to expect it from their benevolence only.
Página 11 - the word Value has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called value in use; the other value in exchange.
Página ix - Compared, indeed, with the more extravagant luxury of the great, his accommodation must no doubt appear extremely simple and easy; and yet it may be true, perhaps, that the accommodation of an European prince does not always so much exceed that of an industrious and frugal peasant, as the accommodation of the latter exceeds that of many an African king, the absolute master of the lives and liberties of ten thousand naked savages.
Página 45 - If in the same neighbourhood, there was any employment evidently either more or less advantageous than the rest, so many people would crowd into it in the one case, and so many would desert it in the other, that its advantages would soon return to the level of other employments.
Página 17 - As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.