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“Money is neither a material to work upon, nor a tool to work with.”
Money facilitates exchange and payment but is distinguished from the materials, tools, and subsistence that directly enable productive work.
Source note: The Wealth of Nations, Book II, Chapter II; Project Gutenberg #3300. Smith is explaining money as part of circulating capital rather than denying its practical usefulness.
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“Wages, profit, and rent, are the three original sources of all revenue, as well as of all exchangeable value.”
Smith separates major forms of income according to labour, stock, and land, providing a historical framework for how revenue is distributed.
Source note: The Wealth of Nations, Book I, Chapter VI; Project Gutenberg #3300. The statement is part of Smith’s eighteenth-century theory of price and income distribution.
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“The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.”
Smith distinguishes nominal money price from the labour and sacrifice required to acquire something, making cost broader than the number printed on a transaction.
Source note: The Wealth of Nations, Book I, Chapter V; Project Gutenberg #3300. This belongs to Smith’s labour-command discussion of real and nominal price.
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“America is the Land of Labour”
Franklin rejects European fantasies of effortless prosperity in eighteenth-century North America, emphasizing that newcomers should expect productive labor rather than automatic wealth or patronage.
Source note: Information to Those Who Would Remove to America, before March 1784; Founders Online. This is historical emigration advice written for Europeans and is not a claim about present-day U.S. labor or immigration conditions.
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“He that hath a trade hath an estate.”
Voice: Authorial persona / framed maxim · Poor Richard maxim, repeated through Father Abraham
A useful skill or trade is treated as a durable asset because it can keep producing value even when stored wealth is limited.
Source note: The Way to Wealth, where Father Abraham repeats maxims associated with Poor Richard.
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“life is the end and aim of consumption.”
Consumption is judged by what it ultimately does for human life, making economic activity a means rather than an end in itself within Ruskin’s argument.
Source note: Unto This Last, fourth essay; Project Gutenberg #36541. The line follows Ruskin’s distinction between production and consumption and retains the nineteenth-century political-economy setting.