...Of the real and nominal Price of Commodities, or of their Price in Labour, and their Price in Money. EVERY man is rich or poor according to the degree in which he can afford to enjoy the neceflaries, conveniencies, and amufements of human life. But after the divifion of labour has once...

...from which these conclusions were deduced, appeared to be almost self-evident and incontrovertible. ' Every man is rich or poor, according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life. ' * And, as it is conceded on all hands, that these necessaries...

...Of the real and nominal Price of Commodities, or of their Price in Labour, and their Price in Money. EVERY man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life. But after the division of labour has once thoroughly taken...

...CHAPTER XX. VALUE AND RICHES, THEIR DISTINCTIVE PROPERTIES. " A MAN is rich or poor," says Adam Smith, " according to the degree in which he can afford to...enjoy the necessaries, conveniences, and amusements of human life." Value, then, essentially differs from riches, for value depends not on abundance, but...

...AND RICHES, THEIR DISTINCTIVE PROPERTIES. " A MAN is rich or poor," says Adam Smith, " according ta the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life." Value, then, essentially differs from riches, for value depends not on abundance, but...

...alike relative terms ; and thus, Ad¿i Smith defines them most accurately when he says, that ' a tea? ' is rich or poor according to the degree in which he can effort ' to enjoy i he necessaries, conveniences, and amusement« о ' human life;' that is, according...

...nation, the richer or poorer for it? " A man is, and so a nation is, rich or poor," says Adam Smith, "according to the degree in which he can afford to enjoy the necessaries, conveniences, or amusements of life." What has been the effect of this system on the laborers of the country ? Has...

...therefore term its natural price. CHAPTER III. ON THE DISTINCTIVE PROPERTIES OF VALUE AND RICHES. A MAN is rich or poor, according to the degree in which...the necessaries, conveniences, and amusements, of human life. It follows, then, that value essentially differs from riches : for value depends not on...

...much importance to it. He agrees entirely with Adam Smith in the following definition of riches : " Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life."* And adds an observation in which I think he is quite...

...been our author's own opinion, had he kept by it, that it was not confined to material objects. Ha4 Dr. Smith but remembered his own aphorism, that "...probability never have heard of productive or unproductive labour. Every one must admire the acuteness and talent displayed in this essay. More than common discernment...