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Updated: May 26, 2025
Yes, say many political economists, if they save any part of their incomes, and employ them reproductively; because then an addition is made to the national capital, and the produce is a clear increase of the national wealth. But if the foreigner expends all his income unproductively, it is no benefit to the country, say they, and for the following reason.
Let us go farther yet: wages is the proportionality of the elements which compose wealth, and which are consumed every day reproductively by the mass of laborers.
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