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" The capital employed in agriculture, therefore, not only puts into motion a greater quantity of productive labour than any equal capital employed in manufactures, but in proportion too to the quantity of productive labour which it employs, it adds a much... "
An inquiry into the nature and causes of the wealth of nations. A careful ... - Страница 293
по Adam Smith - 1875
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The Papers of Alexander Hamilton, Том 13

Alastair Hamilton, Alexander Hamilton, Harold Coffin Syrett - 1966 - 656 страници
...capital employed in manufactures, but in proportion too to the quantity of productive labour which it employs, it adds a much greater value to the annual...to the real wealth and revenue of its inhabitants" (Smith, Wealth of Nations, I, 362). 137. H is referring to the following section in The Wealth of Nations:...
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Economic Theories in a Non-Walrasian Tradition

Takashi Negishi - 1985 - 230 страници
...capital employed in manufactures, but in proportion too to the quantity of productive labour which it employs, it adds a much greater value to the annual...it is by far the most advantageous to the society. (Smith 1976, pp. 363-64) To argue that agriculture is more productive than manufacture because there...
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Continuity, Chance and Change: The Character of the Industrial Revolution in ...

E. A. Wrigley, Edward Anthony Wrigley - 1990 - 160 страници
...produce, the effect must be permanent. A greater proportion 40 The capital employed in agriculture . . . adds a much greater value to the annual produce of...it is by far the most advantageous to the society.' Ibid., p. 385. See also p. 194. 41 Ibid., bk n. ch. 5. 42 Ibid., pp. 395-6. of that part of the produce...
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The Rise of Free Trade: Protectionism and its critics, 1815-1837

Cheryl Schonhardt-Bailey - 1997 - 420 страници
...capital employed in manufactures; but in proportion, too, to the quantity of productive labour which it employs, it adds a much greater value to the annual...it is by far the most advantageous to the society." 2 * Again: "After agriculture, the capital employed in manufactures, puts into motion the greatest...
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The Wealth of Nations: Books 1-3, Книги 1–3

Adam Smith - 1982 - 582 страници
...motion a greater quantity of productive labour than that of the farmer' - leading to the conclusion that 'Of all the ways in which a capital can be employed,...it is by far the most advantageous to the society.' (WN , II.v.12; 463.) Smith advanced two additional propositions which seem to follow from the argument...
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Social Mobility and Modernization: A Journal of Interdisciplinary History Reader

Robert I. Rotberg - 2000 - 369 страници
...capital employed in manufactures, but in proportion, too, to the quantity of productive labour which it employs, it adds a much greater value to the annual...be employed, it is by far the most advantageous to society." 7I The extent of the growth in industrial production was, in his view, geared to agricultural...
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The Invention of Capitalism: Classical Political Economy and the Secret ...

Michael Perelman - 2000 - 428 страници
...the arts the most beneficial to society" (Smith 1978, 522). He also insisted that agriculture "adds much greater value to the annual produce of the land...to the real wealth and revenue of its inhabitants" (1976, II.v.12, 364). He concluded, "Of all the ways in which a capital can be employed, it is by far...
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The Principles of Political Economy and Taxation

David Ricardo - 2002 - 336 страници
...capital employed in manufactures, but in proportion, too, to the quantity of the productive labour which it employs it adds a much greater value to the annual...employed, it is by far the most advantageous to the society."-Book II. chap. vp 15. Does nature nothing for man in manufactures? Are the powers of wind...
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Principles of Political Economy and Taxation

David Ricardo - 2005 - 372 страници
...capital employed in manufactures, but in proportion, too, to the quantity of the productive labor which it employs it adds a much greater value to the annual produce of the land and labor of the country, to the real wealth and revenue of its inhabitants. Of all the ways in which a...
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Aristotle and Hamilton on Commerce and Statesmanship

Michael D. Chan - 2006 - 249 страници
...equal capital employed in manufactures, but in proportion too to the quantity of productive labor which it employs, it adds a much greater value to the annual...it is by far the most advantageous to the society. In a similar vein, Jefferson wrote, "to the labor of the husbandman a vast addition is made by the...
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