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" The pretence that corporations are necessary for the better government of the trade is without any foundation. The real and effectual discipline which is exercised over a workman is not that of his corporation, but that of his customers. It is the fear... "
New Social Teachings - Page 6
by Politicus (pseud.) - 1886 - 228 pages
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1789 - 526 pages
...government of the trade, is withput any foundation. The real and effectual difcipline which is exercifed over a workman, is not that of his corporation, but that of his cuftomers. It is the fear of lofing their employment which reftrains his frauds and .corrects his negligence....
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1809 - 372 pages
...government of the trade, is without any foundation. The real and effectual discipline which is exerosed over a workman, is not that of his corporation, but that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence. An exclusive corporation necessarily...
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An Inquiry Into the Nature and Causes of the Wealth of Nations, Volume 1

Adam Smith - Economics - 1811 - 452 pages
...that corporations are "necessary for the better government of the trade, is without any foundation. The real and effectual discipline which is exercised...but that of, his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence. An exclusive corporation necessarily...
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The Works of Adam Smith: The nature and causes of the wealth of nations

Adam Smith - Economics - 1812
...government of the trade, is without any foundation. The real and eflectual difcipline which is exercifed over a workman, is not that of his corporation, but that of his cuftomers. It is the fear of lofing their employment which reftrains his frauds and corrects his negligence....
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The Works of Adam Smith, LL.D. and F.R.S. of London and Edinburgh:: The ...

Adam Smith - Economics - 1812 - 520 pages
...government of the trade, is without any foundation. The real and effectual difcipline which is exercifed over a workman, is not that of his corporation, but that of his cuftomers. It is the fear of lofing their employment which reftrains his frauds and corrects his negligence....
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An Inquiry Into the Nature and Causes of the Wealth of Nations

Adam Smith - Economics - 1838 - 476 pages
...pretence that corporations are necessary for the better government of the trade, iwithout any foundation. The real and effectual discipline which is exercised...over a workman, is not that of his corporation, but thaï of his customers. It is the fear of losing thrir employment which restrains his frauds ami corrects...
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On distribution, consumption and taxation

Joseph Salway Eisdell - Economics - 1839 - 452 pages
...than any voluntary combination. Corporations are unnecessary for the good government of a trade. The effectual discipline which is exercised over a workman,...but that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence. An exclusive corporation weakens...
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The Eclectic review. vol. 1-New [8th]

1847 - 796 pages
...employments, the competition to a smaller number than otherwise might go into them, have the same tendency. The real and effectual discipline which is exercised...but that of his customers. It is the fear of losing their employment which restrains his frauds and corrects his negligence. An exclusive corporation necessarily...
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The Eclectic Review, Volume 22; Volume 86

Samuel Greatheed, Daniel Parken, Theophilus Williams, Josiah Conder, Thomas Price, Jonathan Edwards Ryland, Edwin Paxton Hood - English literature - 1847 - 806 pages
...employments, the competition to a smaller number than otherwise might go into them, have the same tendency. The real and effectual discipline which is exercised over a workman is not that.of his corporation, but that of his customers. It is the fear of losing their employment which...
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Scraps. [An anthology, ed.] by H. Jenkins

esq Henry Jenkins - 1864 - 800 pages
...pretence that corporations are necessary for the better government of the trade is without any foundation. The real and effectual discipline which is exercised...that of his corporation, but that of his customers. TILL after the middle of the fourteenth century, five marks, containing about as much silver as ten...
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