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" If he uses it as a stock reserved for immediate consumption, he acts the part of a prodigal, and dissipates in the maintenance of the idle, what was destined for the support of the industrious. "
The Parliamentary Debates from the Year 1803 to the Present Time - Σελίδα 729
των Great Britain. Parliament - 1816
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Die nationalökonomische Lehre vom Credit

Johann von Komorzynski - 1903 - 576 σελίδες
...schon bei Smith. „If he (der Credituehmer) uses it (the stock)", erklärt Smith, „for inimediate consumption, he acts the part of a prodigal and dissipates in the maintenauce of the idle, what was destined for the i) So Wagner in Rentzsch' „Handwörterbuch der...

An Inquiry Into the Nature and Causes of the Wealth of Nations, Τόμος 1

Adam Smith - 1904 - 480 σελίδες
...capital, and pay the interest, without alienating or encroaching upon any other source of revenue. If he uses it as a stock reserved for immediate consumption,...dissipates, in the maintenance of the idle, what was designed for the support of the industrious. He can, in this case, neither restore the capital nor...

Adam Smith: Critical Assessments, Τόμος 4

John Cunningham Wood - 1993 - 344 σελίδες
...consumption . . ."[4, p. 333]. He complained, however, that if the borrower chooses the latter use, "he acts the part of a prodigal, and dissipates in...the idle, what was destined for the support of the industrious"3 |4, p. 333|. Furthermore, Smith maintained that The man who borrows in order to spend...
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Financing the American Dream: A Cultural History of Consumer Credit

Lendol Calder - 2009 - 400 σελίδες
...capital and pay the interest without alienating or encroaching upon any other source of revenue. If he uses it as a stock reserved for immediate consumption,...what was destined for the support of the industrious. Smith doubted that the latter type of loan could ever become popular. He reckoned that credit for immediate...
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Wealth of Nations

Adam Smith - 2007 - 597 σελίδες
...capital and pay the interest without alienating or encroaching upon any other source of revenue. If he uses it as a stock reserved for immediate consumption, he acts the part of a prodigal, and dissipates tu the maintenance of the idle, what was destined for the support of the industrious. He can, in this...
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