Cobalt, I picked up a 1930 copy of "The wealth of Nations" a few years ago in a used book store. Ever read it? ohhhh, the pain! :-)
Here is a paragraph chosen at random...
"Both productive and unproductive labourers, and those who do not labour at all, are all equally maintained by the annual produce of the land and labour of the country. This produce, how great soever, can never be infinite, but must have certain limits. Accordingly, therefore, as a smaller or greater proportion of it is in any one year employed in maintainng unproductive hands, the more in the one case and the less in the other will remain for the productive, and the next year's produce will be greater or smaller accordingly; the whole annual produce, if we except the spontaneous productions of the earth, being the effect of productive labour."
Michael |
