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" 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... "
Systematic Education: Or Elementary Instruction in the Various Departments ... - Page 441
by William Shepherd, Jeremiah Joyce, Lant Carpenter - 1815
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A Theory of Universal Democracy: Beyond the End of History

L. Ali Khan - 2003 - 296 pages
...rephrases the Lockean idea of labor and connects it with the wealth of the nation: "The annual labor of every nation is the fund which originally supplies...conveniences of life which it annually consumes." The linkage between labor and wealth has intrigued scholars of diverse cultures and different times....
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The Enlightenment: A Sourcebook and Reader

Paul Hyland, Olga Gomez, Francesca Greensides - 2003 - 494 pages
...all the necessaries and conveniences ot li1e which it annuallv consumes, and which consist alwavs, either in the immediate produce of that labour, or in what is purehased with that produce lrom other nations. According therefore, as this produce, or what is purehased...
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Business and Economic Ethics: The Ethics of Economic Systems

Arthur Rich - 2006 - 736 pages
...The classical political economists, Adam Smith first of all, brought a complete reversal. For Smith, "the annual labour of every nation is the fund which...is purchased with that produce from other nations," as he maintains in the very first sentence of the Introduction to his epochal work, The Wealth of Nations.97...
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Adam Smith: Selected Philosophical Writings

Adam Smith - 2004 - 260 pages
...which originally supaplies it with all the necessaries and conveniences of life which it aannually consumes, and which consist always, either in the...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...
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Having: Property and Possession in Religious and Social Life

William Schweiker, Charles T. Mathewes - 2004 - 432 pages
...To understand the mistakenness you need merely to grasp the first sentence of The Wealth of Nations: "The annual labour of every nation is the fund which...necessaries and conveniences of life which it annually consumes."28 That is, people do not merely consume, as though manna were falling on them; they labor...
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The Wealth of Ideas: A History of Economic Thought

Alessandro Roncaglia - 2006 - 596 pages
...the size of the markets. These are the very first lines of The wealth of nations (Smith 1776, p. 10): 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...
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Critical Perspectives on Activity: Explorations Across Education, Work, and ...

Peter Sawchuk, Newton Duarte, Mohamed Elhammoumi - 2006 - 324 pages
...Theorizing learning as abstracted from :i The opening words of The Wealth of Nations: "The annual labor of every nation is the fund which originally supplies...which consist always either in the immediate produce from other nations, or in what is purchased with that produce from other nations. According therefore,...
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The Science of Political Economy

Henry George - 2006 - 453 pages
...word wealth which it is the business " of what is properly called political economy " to consider : The annual labour of every nation is the fund which...annually consumes, and which consist always either in tbe immediate produce of that labour, or in what is purchased with that produce from other nations....
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Economics Confronts the Economy

Philip A. Klein - 2006 - 428 pages
...of our attention in the first chapter, understood this simple point. He began with this assertion: The annual labour of every nation is the fund which...and conveniences of life which it annually consumes . . . According, therefore, as this produce, or what is purchased with it, bears a greater or smaller...
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Where is the Wealth of Nations?: Measuring Capital for the 21st Century

2006 - 212 pages
...development. 6. In An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith (1776) wrote: "The annual labour of every nation is the fund which...conveniences of life which it annually consumes." Smith recognized "the skill, dexterity, and judgment with which [. . .] labour is generally applied"...
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