 | Samuel Bailey - Economics - 1823 - 424 pages
...individuals have saved from their incomes. To this representation the followers of Adam Smith reply, that " what is annually saved is as regularly consumed as what is spent ; and that the consumption, or demand, cannot be decreased by parsimony, although the consumers... | |
 | Francis Bowen - Economics - 1856 - 590 pages
...other person to do so, by lending it to him for an interest, that is, for a share of the profits." " What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. That portion of... | |
 | Ipswich series - 1856 - 748 pages
...they will, substitute "teetotaler " for "frugal man, " and "drunkard" for prodigal." He says : — What is annually saved is as regularly consumed, as what is annually spent, and nearly in the same time, too ; but it is consumed hy a different set of people. That portion of... | |
 | Charles Tennant - Taxation - 1857 - 510 pages
...into motion an additional quantity of industry, which gives an additional value to the annual produce. What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. That portion of... | |
 | Francis Bowen - Economics - 1859 - 576 pages
...other person to do so, by lending it to him for an interest, that is, for a share of the profits." " What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. That portion of... | |
 | Francis Bowen - Economics - 1859 - 586 pages
...other person to do so, by lending it to him for an interest, that is, for a share of the profits." " What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. That portion of... | |
 | Harvard University - 1873 - 732 pages
...5. How does Smith distinguish between productive laborers and unproductive ? 6. Explain the paradox that "what is annually saved is as regularly consumed as what is annually spent." 7. What is the error of Locke and Montesquieu as to the supposed connection between the depreciation... | |
 | Adam Smith - 1875 - 808 pages
...into motion an additional quantity of industry, which gives an additional value to the annual produce. What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. That portion of... | |
 | Jeremiah Joyce - 1877 - 260 pages
...Eogers here points out that Adam Smith recognised the accumula124 EVERY PRODIGAL A PUBLIC ENEMY. BOOK n. What is annually saved is as regularly consumed as -what is annually spent, but by a different set of people. What a rich man spends is consumed by idle guests, and menial servants.... | |
 | University of Oxford - Greek language - 1879 - 414 pages
...that of all other cultivated land. (2) Labour is the real measure of the value of all commodities. (3) What is annually saved is as regularly consumed as what is annually spent. 3. Explain why different rates of profit are expected by different trades. 4. What indications are... | |
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What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people. 
