 | Adam Smith - Economics - 1811 - 538 pages
...the Accumulation of Capital, or of Productive and Unproductive Labour. 1 HERE is one sort of labour which adds to the value of the subject upon which...bestowed; there is another which has no such effect. The fcrmer, as it produces a value, may be called productive, the latter, unproductive* labour. Thus the... | |
 | John Craig - Political science - 1814 - 408 pages
...distinguish between productive and unproductive labour. *« There is one sort of labour," he observes, '« which adds to the value of the subject upon '« which...another which " has no such effect. The former, as it produce* " a value, may be called productive, the latter «« unproductive, labour. Thus the labour... | |
 | Travers Twiss - Business & Economics - 1847 - 358 pages
...for the maintenance of productive hands, tends to increase the number of those hands, whose labour adds to the value of the subject upon which it is bestowed. It tends, therefore, to increase the exchangeable value of the annual produce of the land and labour... | |
 | Sir Travers Twiss - Economics - 1847 - 356 pages
...for the maintenance of productive hands, tends to increase the number of those hands, whose labour adds to the value of the subject upon which it is bestowed. It tends, therefore, to increase -the exchangeable value of the annual produce of the land and labour... | |
 | John Ramsay McCulloch - Economics - 1849 - 686 pages
...tendency to impoverish, not to enrich. But, to avoid the chance of misrepresentation, we shall give Smith's opinions in his own words. " There is one...it is bestowed ; there is another which has no such efiect. The former, as it produces a value, may be called productive ; the latter, unproductive labour.... | |
 | Charles Tennant - Taxation - 1857 - 510 pages
...destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. It tends, therefore, to increase the exchangeable value of the annual produce of the land and labour... | |
 | Tobias Michaël Carel Asser - Economics - 1858 - 306 pages
...bereitwlllige Anerken"nung und bewundernde Zustimmung." 1 Harm. Econ. p. 131. maarde woorden van Adam Smith , "which adds to the "value of the subject upon which...bestowed, there is "another which has no such effect The labour of a "manufacturer adds , generally, to the value of the mate"rials which he works upon , that... | |
 | Frédéric Bastiat - Economics - 1860 - 580 pages
...exchanged, accumulated, preserved, consequently in something material. " There is one sort of labour which adds * to the value of the subject upon which...There is another which has no such effect." " The labour of the manufacturer," he adds, " fixes and realizes itself in some particular subject or vendible... | |
 | Frédéric Bastiat - Economics - 1860 - 382 pages
...exchanged, accumulated, preserved, consequently in something material. " There is one sort of labour which adds * to the value of the subject upon which...There is another which has no such effect." " The labour of the manufacturer," he adds, " fixes and realizes itself in some particular subject or vendible... | |
 | English language - 1871 - 630 pages
...or to which it tempts, or whereby it is nourished." — Bishop Taylor. " There is one sort of labour which adds to the value of the subject upon which...it is bestowed ; there is another which has no such efl'ect. The former, as it produces a value, may be called productive, the latter unproductive, labour."... | |
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Parsimony, by increasing the fund which is destined for the maintenance of productive hands, tends to increase the number of those hands whose labour adds to the value of the subject upon which it is bestowed. 
