American Political Economy1870 |
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Página 9
... circulation , ( I speak only of Massachusetts , ) do not rest there , but are , at this moment , circulating around us , driv- ing the wheels of our factories , supplying our mechanics with tools and our tradesmen with goods , building ...
... circulation , ( I speak only of Massachusetts , ) do not rest there , but are , at this moment , circulating around us , driv- ing the wheels of our factories , supplying our mechanics with tools and our tradesmen with goods , building ...
Página 30
... circulation of their works and inventions . The cloth of the manufacturer and the corn of the agriculturist are speedily consumed , and there is therefore a continual demand for fresh sup- plies of the same articles . Such , however ...
... circulation of their works and inventions . The cloth of the manufacturer and the corn of the agriculturist are speedily consumed , and there is therefore a continual demand for fresh sup- plies of the same articles . Such , however ...
Página 63
... circulation , or successive ex- changes , that it can yield him any profit . Such capitals , there- fore , may properly be called Circulating capitals . Secondly , it may be employed in the improvement of land , in the purchase of ...
... circulation , or successive ex- changes , that it can yield him any profit . Such capitals , there- fore , may properly be called Circulating capitals . Secondly , it may be employed in the improvement of land , in the purchase of ...
Página 145
... circulation is thus maintained , which sends the life - blood of capital into every part of the body politic . The faster the Population increases , the more rapidly does this corrective of the accumulation of property operate ; for the ...
... circulation is thus maintained , which sends the life - blood of capital into every part of the body politic . The faster the Population increases , the more rapidly does this corrective of the accumulation of property operate ; for the ...
Página 200
... , in some of the States of this country , an obstacle to the free circulation of labor is created by the poor - laws . A town or parish is bound to support those 66 paupers only who were born in it , or 200 DIFFERENCES OF WAGES .
... , in some of the States of this country , an obstacle to the free circulation of labor is created by the poor - laws . A town or parish is bound to support those 66 paupers only who were born in it , or 200 DIFFERENCES OF WAGES .
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Términos y frases comunes
accumulation Adam Smith advantage aggregate agriculture American amount annual average Bank of England bank-bills banks bills bills of exchange borrow capital capitalists cause cent Circulating Capital circulation coin commerce commodities consequence consumed consumption cost created currency demand Deposits depreciation diminished distribution dollars effect employed employment England English equal evil exchange exports flour foreign funds gold greater hand income increase industry investment issue J. S. Mill labor land legal tender less loans manufactures means ment merchant metals millions natural nearly necessary needed obtain old State banks operations paid Paper Money payment persons population portion pound sterling precious metals production proportion purchase quantity rate of interest rate of Profit received Rent revenue savings says sell silver specie supply taxation tion trade Treasury United value of money Wages wants wealth whole
Pasajes populares
Página 427 - 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.
Página 312 - And the children of Israel did so and gathered, some more, some less. And when they did mete it with an omer, he that gathered much had nothing over, and he that gathered little had no lack; they gathered every man according to his eating.
Página 491 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself...
Página 335 - no State shall coin money, emit bills of credit, or make anything but gold or silver coin a tender in payment of debts.
Página 52 - The difference of natural talents in different men is, in reality, much less than we are aware of; and the very different genius which appears to distinguish men of different professions, when grown up to maturity, is not upon many occasions so much the cause, as the effect of the division of labour.
Página 108 - The laws and conditions of the production of wealth, partake of the character of physical truths. There is nothing optional, or arbitrary in them. Whatever mankind produce, must be produced in the modes, and under the conditions, imposed by the constitution of external things, and by the inherent properties of their own bodily and mental structure.
Página 428 - Equality of taxation, therefore, as a maxim of politics, means equality of sacrifice. It means apportioning the contribution of each person towards the expenses of government, so that he shall feel neither more nor less inconvenience from his share of the payment than every other person experiences from his.
Página 427 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Página 218 - When the stocks of many rich merchants are turned into the same trade, their mutual competition naturally tends to lower its profit; and when there is a like increase of stock in all the different trades carried on in the same society, the same competition must produce the same effect in them all.
Página 491 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.