...to be all their " own." In the beginning of his Chapter on Wages he expresses himself as follows : " The produce of " labour constitutes the natural recompense or " wages of labour. " In that original state of things, Which pre* cedes both the appropriation of land and the " accumulation...

...very same species, that have escaped his attempts, remain without any title to the term.—M. Gamier. The produce of labour constitutes the natural recompense or wages of labour. In that original state of things which precedes both the appropriation of land, and the accumulation of...

...LABOUR. THF produce of labour constitutes the natural recumpence or wages of labour. In that origin.il state of things which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer. He has neither landlord nor master to share...

...WAGES OF LABOUR. THE produce of labour constitutes the natural rccompence or wages of labour. In that original state of things which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer. He has neither landlord nor master to share...

...Adain Smith, for example, the great master of political economy. In Book i., cap 8, we find: " In that original state of things which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer. He has neither landlord nor master to share...

...economists as to what ought to constitute the labourers' share of joint produce. Adam Smith says, " the produce of labour constitutes the natural recompense or wages of labour;" Eicardo, that "that which is sufficient to place the workmen, one with the other, in a position to...

...economists as to what ought to constitute the labourers' share of joint produce. Adam Smith says, " the produce of labour constitutes the natural recompense or wages of labour;" Ricardo, that "that which is sufficient to place the workmen, one with the other, in a position te...

...been corrected by modern experience. 2. Explain the meaning of the following in Adam Smith:— (1) The produce of labour constitutes the natural recompense or wages of labour. (2) The progress of interest may lead us to form some notion of the progress of profit. (3) Among savages,...

...real price of all the different substances which it produces. CHAP. VIII.— Of the Wages of Labour. THE produce of Labour constitutes the natural recompense or wages of labour. In that original state of things, which precedes both the appropriation of land and the accumulation of...

...(Chapter VIII): " The produce of labor constitutes the natural recompense or wages of labor. In that original state of things which precedes both the appropriation of land and the accumulation of stock, the whole produce of labor belongs to the laborer. He has neither landlord nor master to share...