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" The increase of stock, which raises wages-, tends to lower profit. When the stocks of many rich merchants are turned into the same trade, their mutual competition naturally tends to lower its profit; and when there is a like increase of stock in all the... "
Thoughts on a few subjects of political economy. [With] - Strona 86
autor: John Cazenove - 1859 - Liczba stron: 54
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Tom 1

Adam Smith - 1789 - Liczba stron: 526
...raifes wages, tends to lower profit. When the ftocks of many rich merchants are turned into the fame trade, their mutual competition naturally tends to lower its profit; and when there is a like increafe of ftock in all the different trades carried K 3 "on B °;° K on in the fame fociety,...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Tom 1

Adam Smith - 1809 - Liczba stron: 372
...other very differently. The increase of stock, which raises wages, tends to T ::r,..^ lower profit. When the stocks of many rich merchants are turned...naturally tends to lower its profit ; and when there is a like increase of stock in all the .different trades carried on in the same society, the same competition...
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - 1812 - Liczba stron: 520
...raifes wages, tends to lower profit. When the ftocks of many rich merchants are turned into the fame trade. their mutual competition naturally tends to lower its profit ; and when there is a like increafe of ftock in all the different trades carried BOOK on in the fame fociety, the fame...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - 1812
...raifes wages, tends to lower profit. When the ftocks of many rich merchants are turned into the fame trade, their mutual competition naturally tends to lower its profit; and when there is a like increafe of ftock in all the different trades carried K 3 on BOOK on in the fame fociety, the...
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On the Principles of Political Economy, and Taxation

David Ricardo - 1821 - Liczba stron: 560
...capital will employ. "The increase of stock," he says, " which raises wages, tends to lower profit. When the stocks of many rich merchants are turned...naturally tends to lower its profit ; and when there is a like increase of stock in all the different trades carried on in the same society, the same competition...
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Political Economy: An Inquiry Into the Natural Grounds of Right to Vendible ...

Samuel Read - 1829 - Liczba stron: 444
...the same time. " The increase of stock," says Dr Smith, " which raises wages, tends to lower profit. When the stocks of many rich merchants are turned...naturally tends to lower its profit ; and when there is a like increase of stock in all the different trades carried on in the same society, the same competition...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Tom 1

Adam Smith - 1835 - Liczba stron: 486
...economy, can truly suppose that he has mastered that science, even in its present imperfect state. into the same trade, their mutual competition naturally tends to lower its profit; and when there is a like increase of stock in all the different trades carried on in the same society, the same competition...
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An Essay on the Distribution of Wealth

George Ramsay - 1836 - Liczba stron: 510
...the " Wealth of Nations." He says, " The increase of stock which raises wages tends to lower profit. When the stocks of many rich merchants are turned into the same trade, their mutual competition tends to lower its profit, and when there is a like increase of stock in all the different trades carried...
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The English Review, Tomy 5-6

1846 - Liczba stron: 1050
...Smith, that the accumulation of capital was the immediate cause of the fall of profits. " When (he says) the stocks of many rich merchants are turned into the same trade, their mutual competition tends to lower its profit; and when there is the like increase of stock in all the different trades...
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Principles of Political Economy: With Some of Their Applications to ..., Tom 2

John Stuart Mill - 1849 - Liczba stron: 588
...sort of competition Adam Smith had here in view. His words in the chapter on Profits of Stock* are, " When the stocks of many rich merchants are turned...their mutual competition naturally tends to lower its profits ; and when there is a like increase of stock in all the different trades carried on in the...
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