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Quote#Wisdom

The value which the workmen add to the materials, therefore, resolves…

Quote byAdam Smith · 1723–1790

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Book I, Chapter VI, p. 58..

English (original)

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.

— Adam Smith

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