Adam Smith and Modern Sociology: A Study in the Methodology of the Social Sciences

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University of Chicago Press, 1907 - 247 pages

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Page 144 - It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.
Page 6 - THE annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Page 220 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Page 83 - The difference of natural talents in different men is, in reality, much less than we are aware of; and the very different genius which appears to distinguish men of different professions, when grown up to maturity, is not upon many occasions so much the cause, as the effect of the division of labour.
Page 81 - ... if we examine, I say, all these things, and consider what a variety of labour is employed about each of them, we shall be sensible that, without the assistance and co-operation of many thousands, the very meanest person in a civilized country could not be provided, even according to what we very falsely imagine the easy and simple manner in which he is commonly accommodated.
Page 220 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Page 81 - THIS division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence, of a certain propensity in human nature which has in view no such extensive utility ; the propensity to truck, barter, and 1 exchange one thing for another.
Page 183 - It would be too ridiculous to go about seriously to prove, that wealth does not consist in money, or in gold and silver ; but in what money purchases, and is valuable only for purchasing. Money, no doubt, makes always a part of the national capital ; but it has already been shown, that it generally makes but a small part, and always the most unprofitable part of it.
Page 195 - It is thus that every system which endeavours, either, by extraordinary encouragements, to draw towards a particular species of industry a greater share of the capital of the society than what would naturally go to it ; or, by extraordinary restraints, to force from a particular species of industry some share of the capital which would otherwise be employed in it; is in reality subversive of the great purpose which it means to promote.
Page 53 - Happily, there is nothing in the laws of Value which remains for the present or any future writer to clear up; the theory of the subject is complete...

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