Principles of Political Economy: With Some of Their Applications to Social Philosophy |
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Page v
... exist , may be thought to require some explanation . It might perhaps be sufficient to say , that no existing treatise on Political Economy contains the latest improvements which have been made in the theory of the subject . Many new ...
... exist , may be thought to require some explanation . It might perhaps be sufficient to say , that no existing treatise on Political Economy contains the latest improvements which have been made in the theory of the subject . Many new ...
Page 6
... exist between nation and nation , and be- tween different ages of the world ; dif- ferences both in the quantity of wealth , and in the kind of it ; as well as in the manner in which the wealth existing in the community is shared among ...
... exist between nation and nation , and be- tween different ages of the world ; dif- ferences both in the quantity of wealth , and in the kind of it ; as well as in the manner in which the wealth existing in the community is shared among ...
Page 13
... exists in the operations of trade . The wholesale operations in deed are everywhere carried on by large capitals , where such exist ; but the retail dealings , which collectively oc- cupy a very great amount of capital , are sometimes ...
... exists in the operations of trade . The wholesale operations in deed are everywhere carried on by large capitals , where such exist ; but the retail dealings , which collectively oc- cupy a very great amount of capital , are sometimes ...
Page 14
... exist , they cannot arbitrarily determine how those institutions shall work . The con- ditions on which the power they possess over the distribution of wealth is depen- dent , and the manner in which the dis- tribution is affected by ...
... exist , they cannot arbitrarily determine how those institutions shall work . The con- ditions on which the power they possess over the distribution of wealth is depen- dent , and the manner in which the dis- tribution is affected by ...
Page 18
... exist in much greater abundance than would be ap- plied to present use even if they could be obtained gratis . Fisheries , in the sea , are in most cases a gift of nature practically unlimited in amount ; but the Arctic whale fisheries ...
... exist in much greater abundance than would be ap- plied to present use even if they could be obtained gratis . Fisheries , in the sea , are in most cases a gift of nature practically unlimited in amount ; but the Arctic whale fisheries ...
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Common terms and phrases
accumulation Adam Smith advantage agricultural amount capital capitalist causes circulating capital commodity competition condition considerable consumed consumption cost crease cultivation degree demand depend diminished division of labour duce duction ductive effect employment England equal exertion existing expense farmer favourable flax France funds greater human hundred quarters improvement increase individual industry Ireland kind labouring classes land landlord less limited mankind manufacture manure material means ment metayer mode nations natural agents necessary obtained occupation operations paid peasant peasant proprietors persons plough Political Economy Poor Law population portion possession present principle productive labourers productive power profit proportion quantity racter rate of profit remuneration render rent require saving small farms society soil subsistence sufficient sumers supply suppose surplus tained taxes things tical tion tivation tive unless unproductive wages wealth whole
Popular passages
Page 483 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Page 573 - Letting alone, in short, should be the general practice : every departure from it, unless required by some great good, is a certain evil.
Page 556 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Page 128 - If, therefore, the choice were to be made between Communism with all its chances, and the present state of society with all its sufferings and injustices; if the institution of private property...
Page 575 - Now any wellintentioned and tolerably civilized government may think without presumption that it does or ought to possess a degree of cultivation above the average of the community which it rules, and that it should therefore be capable of offering better education and better instruction to the people, than the greater number of them would spontaneously demand. Education, therefore, is one of those things which it is admissible in principle that a government should provide for the people.