| Warren Edwin Brokaw - 1927 - 396 sider
...the normal basis of exchange is, not equivalence of results, but equivalence of work. Adam Smith said that "Every man is rich or poor according to the degree...enjoy the necessaries, conveniences, and amusements of human life." It is easy to see then, that, had that "original state of things" continued, our increased... | |
| James Bonar - 1922 - 472 sider
...is part of the national wealth. Wealth means consumable goods of every sort. " Every man is rich ot poor according to the degree in which he can afford to enjoy," etc., page 1-3. Unforttmately in the Wealth of Nations there is no complete theory of consumption ;... | |
| Adam Smith - 1922 - 522 sider
...NOMINAL PRICE OF COMMODITIES, OR OF THEIR PRICE IN LABOUR, AND THEIR PRICE IN MONEY Labour it I ."* VERY man is rich or poor according to the degree in which he the real 1 ^ can afford to enjoy the necessaries, conveniences, and amuse exchange incuts nf lnim.-iii... | |
| John Bowditch, Clement Ramsland - 1961 - 210 sider
...OF THE REAL AND NOMINAL PRICE OF COMMODITIES, OR OF THEIR PRICE IN LABOUR, AND THEIR PRICE IN MONEY Every man is rich or poor according to the degree...enjoy the necessaries, conveniences, and amusements of human life. But after the division of labour has once thoroughly taken place, it is but a very small... | |
| Phyllis Deane - 1978 - 260 sider
...the market : for it is this which is the ultimate measure of real income, of poverty or wealth. Eg Every man is rich or poor according to the degree...enjoy the necessaries, conveniences, and amusements of human life. But after the division of labour has once thoroughly taken place, it is but a very small... | |
| Hardy Hoover - 1980 - 228 sider
...topic sentence? What principle(s) of development do you find? Is this a well-integrated paragraph? 5. Every man is rich or poor according to the degree...enjoy the necessaries, conveniences, and amusements of human life. But after the division of lahour has once thoroughly taken place, it is hut a very small... | |
| 1850 - 902 sider
...is generally recognised. We pass forward to the use of money. " Every man," it has well been said, " is rich or poor according to the degree in which he can afford to possess the necessaries, conveniences, and amusements of life ;" but the far greater part of these... | |
| Thomas Robert Malthus - 1989 - 682 sider
...CHAPTER VI. OF THE DISTINCTION BETWEEN WEALTH AND VALUE. IT has been justly stated by Adam Smith thata man is rich or poor according to the degree in which...enjoy the necessaries, conveniences, and amusements of human life. And it follows a from this definition that, if the bounty of nature furnished all the necessaries,... | |
| Thomas Robert Malthus - 1989 - 518 sider
...both. In cd. 2 he added that in practice the third alternative generally happens. 1.337abc Adam Smith: 'Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, convcnicncics [sic], and amusements of human life.' (Wealth of Nations, Glasgow ed., I. vl) The substitution... | |
| Henry William Spiegel - 1991 - 904 sider
...further discussion and Smith turns at once to value in exchange. He develops the labor theory of value: Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life. But after the division of labor has once thoroughly taken... | |
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