...man the following definition of labour by Adam Smith : — •" The property which every man has is his own labour ; as it is the original foundation...property, so it is the most sacred and inviolable. The patrimony of a poor man lies in the strength and dexterity of his hands, and to hinder him from...

...appropriately, the ' Wealth ' of Nations ' as follows : — 'The property which every man has in his labour, as it is the original foundation of all other...property, so it is the most sacred and inviolable. The patrimony of the poor man lies in the strength and dexterity of his hands, and to hinder him from...

...oppressions of the corporation laws. " The property which every man has in his labour," he says, " as it is the original foundation of all other property, so it is the most sacred and inviolable. The patrimony of the poor man lies in the strength and 74 Life of Adam Smith CHAP. dexterity of his...

...subscribed to Locke's theory, and the reason for this is the following passage in The Wealth of Nations: 'The property which every man has in his own labour,...property, so it is the most sacred and inviolable.' 33 This does indeed sound very much like Locke - and very different from the spectator account of property...

...principle occurs in the chapter on 'Wages and Profit in the Different Employments of Labour and Stock'. The property which every man has in his own labour,...property, so it is the most sacred and inviolable. The patrimony of a poor man lies in the strength and dexterity of his hands, and to hinder him from...

...may say, are properly his. John Locke, Two Treatises of Government (1698), Book 2, Chapter 5, §27 The property which every man has in his own labour,...property, so it is the most sacred and inviolable. The patrimony of a poor man lies in the strength and dexterity of his hands ; and to hinder him from...

...of laissezfaire as well. As one decision stated: The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable. The patrimony of the poor man lies in the strength and dexterity of his own hands; and to hinder him...

...whom he quoted in his opinion: "The property which every man has in his own labor," says Adam Smith, "as it is the original foundation of all other property, so it is the most sacred and inviolable. The patrimony of the poor man lies in the strength and dexterity of his own hands; and to hinder him...

...liberty and justice is established partly by a Lockean-sounding argument about property and labor: "The property which every man has in his own labour,...property, so it is the most sacred and inviolable" (WN Ixci2). This appears to be a restatement of the famous claim, in Locke's chapter on property, that...

...distorted the market but also undermined the natural entrepreneurship that was the basis of property: "The property which every man has in his own labour,...original foundation of all other property, so it is most sacred and inviolable. The patrimony of the poor man lies in the strength and dexterity of his...