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" Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased; and its value, to those who possess it, and who want to exchange... "
Blackwood's Edinburgh Magazine - Page 172
1856
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A Discourse on the Rise, Progress, Peculiar Objects, and Importance, of ...

John Ramsay McCulloch - 1824 - 144 pages
...course to show that labour is the only source of wealth — to prove, in the words of Dr Smith, that " it was not by gold or by silver, but by labour, that...the wealth of the world was originally purchased."* This fundamental principle once established, it necessarily follows, that the great practical problem...
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The Principles of Political Economy: With a Sketch of the Rise and Progress ...

John Ramsay McCulloch - 1825 - 446 pages
...them satisfy his wants, and minister to his comforts and enjoyments. " Labour was the first price, the original purchase-money that was paid for all things....the wealth of the world was originally purchased. If we observe the progress, and trace the history of the human race in different countries and states...
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Outlines of Political Economy: Being a Republication of the Article Upon ...

John Ramsay McCulloch - 1825 - 204 pages
...minister to his comforts and enjoyments. " Labour was the first price, the original purchase money that was paid for all things. It was not by gold or...the wealth of the world was originally purchased." — (Wealth of Nations, Vol. I. p. 44. 8vo. edit.) If we observe the progress, and trace the history...
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Popular Political Economy: Four Lectures Delivered at the London Mechanics ...

Thomas Hodgskin - 1827 - 318 pages
...bodies." "Labour was the first price, the original purchase money that was paid for all things. It is not by gold, or by silver, but by labour that all the wealth of the world was orginally purchased."* Such language * Wealth of Nations, book i. 20 ALL WEALTH THE PRODUCE OF LABOUR....
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - 1827 - 522 pages
...Wealth of Nation*, book ic 5. On this point, Smith observes, that "labour was the first price, the original purchase-money, that was paid for all things. It was not by gold or silver, but by labour, that all the wealth of the world was originally purchased." I think I have succeeded...
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A Treatise on Political Economy: Or, The Production, Distribution and ...

Jean Baptiste Say - 1827 - 522 pages
...Wealth nf Nation*, book ic 5. 0n this point, Smith observes, that "labour was the first price, the original purchase-money, that was paid for all things. It was not by gold or silver, but by labour, that all the wealth of the world was originally purchased." I think I have succeeded...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - 1829 - 444 pages
...is supposed at the time to contain the value of an equal quantity. Labour was the first price, the original purchase-money that was paid for all things....wealth of the world was originally purchased ; and its value, to those who possess it, and who want to exchange it for some new productions, is precisely...
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Life of Dr. Adam Smith

William Draper - 1830 - 44 pages
...and origin of all wealth.! " Labour," says he, " was the first price,' the original purchase money that was paid for all things. It was not by gold or...wealth of the world was originally purchased ;" and the mode by which the labour of man can be rendered most productive to his use and happiness is the...
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Lives of Eminent Persons

Society for the Diffusion of Useful Knowledge (Great Britain) - 1833 - 584 pages
...source and origin of all wealth. " Labour," says he, " was the first price, the original purchase money that was paid for all things. It was not by gold or...wealth of the world was originally purchased ;" and the mode by which the labour of man can be rendered most productive to his use and happiness is the...
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Lives of eminent persons; consisting of Galileo, Kepler

Lives - 1833 - 588 pages
...source and origin of all wealth. " Labour," says lie, " was the first price, the original purchase money that was paid for all things. It was not by gold or...wealth of the world was originally purchased ;" and the mode by which the labour of man can be rendered most productive to his use and happiness is the...
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