Charlie Maunders

58%
Flag icon
The produce of labour, in this case, pays not only its own wages and the profit of the stock which employs it, but the rent of the land too upon which it is employed. The labour of the English colonies, therefore, being more employed in the improvement and cultivation of land, is likely to afford a greater and more valuable produce than that of any of the other three nations, which, by the engrossing of land, is more or less diverted towards other employments.
An Inquiry into the Nature and Causes of the Wealth of Nations
Rate this book
Clear rating
Open Preview