The annual produce of the land and labour of the society, the real revenue of all its inhabitants.
Wealth of Nations, capitalism
The annual produce of the land and labour of the society, the real revenue of all its inhabitants.
Wealth of Nations, capitalism
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"The real recompence of labour, the real quantity of the necessaries and conveniencies of life which it can procure to the labourer, has, during the course of the present century, increased in a still …"
Controversial"The most sacred laws of justice, therefore, are those which guard the life and person of our neighbour; the next are those which guard his property and possessions; and last of all come those which gu…"
Humorous"The man whose whole life is spent in performing a few simple operations, of which the effects are perhaps always the same, or very nearly the same, has no occasion to exert his understanding or to exe…"
Controversial"The liberal reward of labour, therefore, as it is the necessary effect, so it is the natural symptom of increasing national wealth."
Controversial"Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is thei…"
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