"The value which the workmen add to the materials, therefore, resolves itself in this case into two parts, of which the one pays their wages, the other the profits of the employer upon the whole stock of materials and wages which he advanced."
React to this quote
More by Adam Smith
See allResonant Thoughts
"No one can examine this record and escape the conclusion that in the great outline of its principles the Declaration was the result of the religious teachings of the preceding period. The profound phi…"
"Martyrs do not underrate the body, they allow it to be elevated on the cross. In this they are at one with their antagonists."
Explore Further
Related Quotes
"That general warrants, whereby any officer or messenger may be commanded to search suspected places without…"
— George Mason"The myths have always condemned those who "looked back." Condemned them, whatever the paradise may have bee…"
— Dag Hammarskjöld"Gallery of Milarepa Thangkas by Dharmapala Thangka Centre"
— Milarepa"Writers are not neccessarily articulate simply because poetry is their stock-in-trade."
— Dennis O'Driscoll"For many years, and like many British people, I had little feeling for the most expressive and roughest for…"
— Nicholas Serota"The magic of music is so strong, getting stronger, it should break any shackle of another art."
— E. T. A. Hoffmann
Related Thinkers
Related Topics
Deep Dives
- David Cay Johnston on art
- Norman Angell on art
- Bernard Lietaer on art
- David Cay Johnston on politics
- David Cay Johnston on time
- David Cay Johnston on justice
- David Cay Johnston on life
- David Cay Johnston on knowledge
- David Cay Johnston on philosophy
- David Cay Johnston on money
- knowledge & Beauty
- knowledge & Change