Adam Smith — "The first duty of the sovereign, therefore, is that of protecting the society fr…"
The first duty of the sovereign, therefore, is that of protecting the society from the violence and invasion of other independent societies.
The first duty of the sovereign, therefore, is that of protecting the society from the violence and invasion of other independent societies.
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"The desire of appearing to be wealthy, may be called the great motive to industry and frugality, and the great cause of the accumulation of capital."
"The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is any where directed, or applied, seem to have been the effects o…"
"The poor, in order to obtain the means of subsistence, are obliged to undergo the drudgery and hardships of the meanest employments, and to expose themselves to the greatest dangers, in order to gain …"
"The wages of labour are the encouragement of industry, which, like every other human quality, improves in proportion to the encouragement it receives."
"The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution."
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