...extracts, because he will find, as he proceeds, that I base some of my calculations on this thesis : — " The annual labour of every nation is the fund which...is purchased with that produce from other nations. * * * " Whatever be the actual state of the skill, dexterity, and judgment with which labour is applied...

...extracts, because he will find, as he proceeds, that I base some of my calculationson this thesis : — "The annual labour of every nation is the fund which...always either in the Immediate produce of that labour, orín what is purchased with that produce from other nations. * * * " Whatever be the actual state...

...and Exchange The introduction to ADAM SMITH'S Wealth of Nations opens with the following passage : " The annual labour of every nation is the fund which...is purchased with that produce from other nations. " According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion...

...whole epoch in the science and is cited by everybody, commences as follows: : 1. "The annual labor of. every nation is the fund which originally supplies...consist always either in the immediate produce of that labor, or in what is purchased with that produce from other nations" ("Wealth of Nations," p. 1). 2....

...first sentence of the Wealth of Nations has often been criticised, but the meaning is plain enough. " The annual labour of every nation is the fund which...with all the necessaries and conveniences of life." Then again take the sentence : — " Labour was the first price, the original purchase money, that...

...adopt only that which is soundest and best. I submit that we are not being asked to do that at Vivant. The annual labour of every nation is the fund which...with all the necessaries and conveniences of life, and now the wealth of the nation is given to the workers more and more, and in better proportion to...

...first sentence of the Wealth of Nations has often been criticised, but the meaning is plain enough. " The annual labour of every nation is the fund which...with all the necessaries and conveniences of life." Then again take the sentence : — " Labour was the first price, the original purchase money, that...

..., 453 AN INQUIRY INTO THE NATURE AND CAUSES THE WEALTH OF NATIONS INTRODUCTION AND PLAN OF THE WORK THE annual labour of every nation is the fund which...is purchased with that produce from other nations. According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion...

...from his Introduction and the celebrated first book should make it plain to almost any reader : — The annual labour of every nation is the fund which...life which it annually consumes, and which consist either in the immediate produce of that labour, or in what is purchased with that produce from other...

...I, S. 49— 77. Hirst, Adam Smith, London 1905. 2) Wealth of Nations, I, p. 1: „The annual labor of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate...