The digital edition of all books may be viewed on our website before purchase. Excerpt from A Complete Analysis, or Abridgement, of Dr. Adam Smith's Inquiry Into the Nature and Causes of the Wealth of Nations (Classic Reprint)
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The nation will be supplied with its necessaries, according to the proportion which this produce bears to the number of its inhabitants ;which proportion is regulated ;(1.) By the skill and judgment with which its labour is applied. (2.) By the proportion between the number of those who are employed in useful labour, and of those who are not so employed. P. 2. Upon the former of these, the abundance, or scantiness of this supply seems principally to depend. For among savage nations of hunters and fishers, where all labour, there is the greatest want ;whereas in civilised states, though multitudes do not labour, all are oftea abundantly supplied.
(Typographical errors above are due to OCR software and don't occur in the book.)
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Paperback. Etat : New. Print on Demand. This book provides a groundbreaking analysis of the factors that influence the distribution of wealth in society, specifically focusing on the role of division of labor and its impact on the productive power of labor. The author argues that the division of labor is one of the main drivers of economic progress, enabling individuals to specialize in specific tasks and thereby increase their productivity. This increase in productivity leads to greater output and a lower cost of production, ultimately benefiting consumers and society as a whole. The book also explores the concept of the "natural" and "market" price of goods, and how the interaction between these prices determines the distribution of wealth. The author challenges traditional views on the role of labor in the economy, arguing that the value of labor is not simply determined by the cost of production but rather by the utility it provides to society. This book is essential reading for anyone interested in understanding the complexities of wealth distribution and the role of labor in economic growth. Its insights into the relationship between labor, productivity, and wealth provide a valuable framework for analyzing and addressing economic inequality. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330636091_0
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PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330636091
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Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330636091
Quantité disponible : 15 disponible(s)