On the record
Adam Smith had declared the source of value to lie in labor; and, at the moment of its deepest agony, there were men willing to point the moral of his tale.
Said by
Harold J. Laski
Source
gutenberg.orgHarold J. Laski: “Adam Smith had declared the source of value to lie in labor; and, at the moment of its deepest agony, there were men…”
Editor's note · Context
Laski reflects on Adam Smith's views on labor and value, emphasizing the moral implications of economic theories.
Share
More from Harold J. Laski
If no such news is at hand it will be manufactured.
The theory of a state of nature, with the rights therein implied, is the contribution, through Stoicism, of the Roman lawyers, and the great medieval contrast to Aristotle's experimentalism.
The contract is thus not general as with Hobbes but limited and specific in character.
That some sort of toleration was inevitable few, save a group of prejudiced irreconcilables, would have denied.
Other voices in this conversation
