The spinning-jenny, and the skill of the cotton spinner, are not only the result of productive labour, but are themselves productively consumed. [Please select]
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If he saves any portion, this (unless it be merely hoarded) he intends to employ productively, and it will be productively consumed. [Please select]
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Unproductive expenditure of what was destined to be expended productively, they always characterise as a squandering of resources, and call it profusion and prodigality. [Please select]
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Skill, therefore, must be considered as wealth; and the labour and funds employed in acquiring skill in anything tending to the advantage or pleasure of mankind, must be considered to be productively employed and expended. [Please select]
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