| 1818 - 638 pages
...use the words of Dr Smithj are not only indispensably necessary for the support of life, but which the custom of the country renders it indecent for...creditable people even of the lowest order to be without, consists in this, that the former is altogether a tax on profits, and is entirely paid by the employers... | |
| John Ramsay McCulloch - Economics - 1825 - 446 pages
...words of Dr Smith, such a rate as will enable the labourer to obtain " not only the commodities that are indispensably necessary for the support of life,...people, even of the lowest order, to be without." Now it is plain, from this definition, that there neither is nor can be any absolute standard of natural... | |
| Samuel Read - Economics - 1829 - 440 pages
...character of necessaries. " By necessaries," says Dr Smith, " I understand not only the commodities which are indispensably necessary for the support...a necessary of life. The Greeks and Romans lived, I suppose, very comfortably, though they had no linen. But, in the present times, through the greater... | |
| Samuel Read - Economics - 1829 - 444 pages
...which are indispensably necessary for the " This of course includes the meaning no* to marry without. support of life, but whatever the custom of the country...a necessary of life. The Greeks and Romans lived, I suppose, very comfortably, though they had no linen. But, in the present times, through the greater... | |
| 1835 - 858 pages
...increased economy ; nor can a rise in the price of necessaries, — that is, of those commodities " which the custom of the country renders it indecent for...people, even of the lowest order, to be without," -{• — be compensated by an immediate corresponding rise of wages. The labourer is, in this respect,... | |
| Maurice Cross - 1836 - 434 pages
...increased economy ; nor can a rise in the price of necessaries, <— that is, of those commodities " which the custom of the country renders it indecent for...people, even of the lowest order, to be without," -j—be compensated by an immediate corresponding rise of wages. The labourer is, in this respect,... | |
| Adam Smith - 1839 - 448 pages
...commodities are either necessaries or luxuries. By necessaries I understand, not only the commodities which are indispensably necessary for the support...a necessary of life. The Greeks and Romans lived, I suppose, very comfortably, though they had no linen. But in the present times, through the greater... | |
| Joseph Salway Eisdell - Economics - 1839 - 456 pages
...a variety of circumstances. It must comprise, in the words of Adam Smith, "not only such things as are indispensably necessary for the support of life,...people, even of the lowest order, to be without." The quantity and kind of these things depend, not only on the habits and customs of the people. but... | |
| University magazine - 1845 - 776 pages
...such a rate as may enable them to obtain not only the commodities which are indispensably neceseary for the support of life, but whatever the custom of...creditable people, even of the lowest order, to be without. In this there is an obvious confusion between cause and effect. Custom renders it discreditable to... | |
| John Ramsay McCulloch - Economics - 1849 - 686 pages
...words of Adam Smith, such a rate as will enable the labourer to obtain, "not only the commodities that are indispensably necessary for the support of life,...people, even of the lowest order, to be without." Now it is plain, from this definition, that there can be no absolute standard of natural or necessary... | |
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