Principles of Political Economy: book 1. Production. book 2. DistributionMacmillan and Company, 1893 |
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Página 6
... supposed to be implicit in common thought as to the nature of wealth . At once , however , the question arose : Does this defini- tion exclude or include more or less of the things which are as a matter of fact embraced in the popular ...
... supposed to be implicit in common thought as to the nature of wealth . At once , however , the question arose : Does this defini- tion exclude or include more or less of the things which are as a matter of fact embraced in the popular ...
Página 7
... final and total utility , they passed the extreme limits of popular phraseology and comprehension . 6 Again , as regards the characteristic of exchangeable value , which is supposed to be a simple and INTRODUCTION . 7 §
... final and total utility , they passed the extreme limits of popular phraseology and comprehension . 6 Again , as regards the characteristic of exchangeable value , which is supposed to be a simple and INTRODUCTION . 7 §
Página 8
Joseph Shield Nicholson. value , which is supposed to be a simple and obvious attri- bute of wealth , Adam Smith had already exposed one fundamental ambiguity , 1 and had lost his way in another ; 2 Ricardo had discovered and Mill had ...
Joseph Shield Nicholson. value , which is supposed to be a simple and obvious attri- bute of wealth , Adam Smith had already exposed one fundamental ambiguity , 1 and had lost his way in another ; 2 Ricardo had discovered and Mill had ...
Página 19
... supposed to start with particular facts and ascend to general principles . Here the danger is that the facts are accumulated without any rational system of classification , and that we never get beyond a collection of materials ...
... supposed to start with particular facts and ascend to general principles . Here the danger is that the facts are accumulated without any rational system of classification , and that we never get beyond a collection of materials ...
Página 23
... supposed to be only applied to things which are instrumental in rendering the more solid and important services . But in political economy a thing , which in ordi- nary language might be spoken of as useless in itself , 1 possesses ...
... supposed to be only applied to things which are instrumental in rendering the more solid and important services . But in political economy a thing , which in ordi- nary language might be spoken of as useless in itself , 1 possesses ...
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Términos y frases comunes
according accumulation Adam Smith adopted advantage agriculture amount applied bequest causes century chapter civilisation classes Compare competition considered cultivation custom diminishing return distribution of wealth division of labour duction economic rent effects elements employment England English equal especially example factory feudal freedom of contract give greater growth idea importance improvements increase industry interest kind labour and capital land land-owner law of diminishing limited machinery Malthus manufactures marginal utility means mediæval ment methods Mill Mill's modern moral natural necessary nomic observed obtained organisation owners ownership period political economy population practical present principle private property production profits quantity of labour question raw produce regards saving Scotland serfdom society supposed tenant term theory things tion trade usury utility various villein wages Wealth of Nations whilst whole
Pasajes populares
Página 108 - ... if we examine, I say, all these things, and consider what a variety of labour is employed about each of them, we shall be sensible that without the assistance and co-operation of many thousands the very meanest person in a civilized country could not be provided, even according to, what we very falsely imagine, the easy and simple manner in which he is commonly accommodated.
Página 404 - Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil.
Página 50 - Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to only so far as it may be necessary for promoting that of the consumer.
Página 107 - Observe the accommodation of the most common artificer or day-labourer in a civilized and thriving country, and you will perceive that the number of people of whose industry a part, though but a small part, has been employed in procuring him this accommodation, exceeds all computation. The woollen coat, for example, which covers the day-labourer, u coarse and rough as it may appear, is the produce of the joint labour of a great multitude of workmen.
Página 259 - These are the reasons which form the justification in an economical point of view, of property in land. It is seen, that they are only valid, in so far as the proprietor of land is its improver. Whenever, in any country, the proprietor, [Note omitted.] generally speaking, ceases to be the improver, political economy has nothing to say in defence of landed property, as there established. In no sound theory of private property was it ever contemplated that the proprietor of land should be merely a...
Página 369 - There is scarce a poor man in England of forty years of age, I will venture to say, who has not in some part of his life felt himself most cruelly oppressed by this ill-contrived law of settlements.
Página 121 - And the great cry that rises from all our manufacturing cities, louder than their furnace blast, is all in very deed for this, - that we manufacture everything there except men; we blanch cotton, and strengthen steel, and refine sugar, and shape pottery; but to brighten, to strengthen, to refine, or to form a single living spirit, never enters into our estimate of advantages.
Página 265 - Fourthly, by subjecting the people to the frequent visits and the odious examination of the taxgatherers it may expose them to much unnecessary trouble, vexation, and oppression; and though vexation is not, strictly speaking, expense, it is certainly equivalent to the expense at which every man would be willing to redeem himself from it.
Página 232 - We may say that the movement of progressive societies has hitherto been a movement from status to contract.
Página 186 - The immediate check may be stated to consist in all those customs and all those diseases which seem to be generated by a scarcity of the means of subsistence and all those causes independent of this scarcity, whether of a moral or physical nature, which tend prematurely to weaken and destroy the human frame.