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Adam Smith afford agriculture ancient appear branch bullion capital and labour cause cent circumstances co-operation combination of labour commerce commodities common labour commonly competition consequence corn cultivated division of employments division of labour doctrine effect effectual demand employed endeavour England equal Europe exchangeable value France frequently gold coin greater improvement increase industry interest labour employments land less manner manufactures market price master means ment metal national wealth natural price never object observed occasion original parish particular perhaps person political economy pound weight pounds pounds sterling present price of labour principles produce profits of stock proportion purchase quantity of labour raise rate of profit regulated rent respect Scotland seems seignorage seldom shillings silver coin society sometimes subsistence sufficient superior supply supposed surplus Theory of Moral things tion town trade University of Glasgow wages of labour Wealth of Nations whole workmen
189 ページ - Such a difference of prices, which it seems is not always sufficient to transport a man from one parish to another, would necessarily occasion so great a transportation of the most bulky commodities, not only from one parish to another, but from one end of the kingdom, almost from one end of the world to the other, as would soon reduce them more nearly to a level. After all that has been said of the levity and inconstancy of human nature, it appears evidently from experience that a man is of all...
55 ページ - 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. We address ourselves, not to their humanity but to their self-love, and never talk to them of our own necessities but of their advantages.
1 ページ - THE annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
12 ページ - This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
134 ページ - 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.
xxxvii ページ - When we see a stroke aimed and just ready to fall upon the leg or arm of another person, we naturally shrink and draw back our own leg or our own arm...
144 ページ - The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market and the demand of those who are willing to pay the natural price of the commodity...
305 ページ - 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.