The Principles of Political Economy Applied to the Condition, the Resources, and the Institutions of the American PeopleLittle, Brown, 1859 - 546 páginas |
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Página xiii
... effect 73 74 Influence of moral causes exemplified in Spain Three principal causes of the growth of capital Inherited qualities of race comparatively unimportant Security of property the indispensable prerequisite . The effects of ...
... effect 73 74 Influence of moral causes exemplified in Spain Three principal causes of the growth of capital Inherited qualities of race comparatively unimportant Security of property the indispensable prerequisite . The effects of ...
Página xvi
... Effects of unequal fertility of different soils • . 164 164 165 166 Of successive applications of capital Of unequal distances from market The result postponed by agricultural improvements 167 • 167 168 The theory illustrated by Malthus ...
... Effects of unequal fertility of different soils • . 164 164 165 166 Of successive applications of capital Of unequal distances from market The result postponed by agricultural improvements 167 • 167 168 The theory illustrated by Malthus ...
Página xvii
... effect of the depopulation of Ireland on wages there Irish misery the effect of free trade with England Effect of Irish competition on American labor The field for employing industry contracted . Ruinous effects of abandoning the ...
... effect of the depopulation of Ireland on wages there Irish misery the effect of free trade with England Effect of Irish competition on American labor The field for employing industry contracted . Ruinous effects of abandoning the ...
Página xix
... Effects of a rise in the value of money • Cattle once used as money The division of labor increases the need of money ... Effect of quickening or retarding the circulation " Rapidity of circulation " explained More business requires more ...
... Effects of a rise in the value of money • Cattle once used as money The division of labor increases the need of money ... Effect of quickening or retarding the circulation " Rapidity of circulation " explained More business requires more ...
Página xx
... Effect of an excess of money on prices . 315 Rate of interest not dependent on abundance of money 316 Causes and effects of low prices 317 How " accounts current " economize money 318 Explanation of bills of exchange 319 The course and ...
... Effect of an excess of money on prices . 315 Rate of interest not dependent on abundance of money 316 Causes and effects of low prices 317 How " accounts current " economize money 318 Explanation of bills of exchange 319 The course and ...
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Términos y frases comunes
acre Adam Smith agricultural already America amount annual average Bank of England banks bills bills of exchange Britain bullion bushels capital capitalists cause cent Circulating Capital circulation circumstances civilized coin commercial commodities competition consequence consumed consumption cost cultivation currency debt demand depreciation diminished dollars effect employed employment England English equal evil exchange expense exports extent fact flour foreign former grain greater hands increase industry Ireland issue J. S. Mill labor land less loans Malthusians manufactures Massachusetts means ment merchant millions natural nearly necessary obtain operations paper money payment persons Political Economy population portion pound sterling precious metals produce proportion purchase quantity rate of interest rate of profit rent rise savings says seigniorage sell soil specie speculation subsistence supply theory tion trade value of money wages wealth whole
Pasajes populares
Página 136 - In two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thousand years the difference would be almost incalculable.
Página 126 - 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 59 - In the first fire-engines, a boy was constantly employed to open and shut alternately the communication between the boiler and the cylinder, according as the piston either ascended or descended. One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Página 34 - With many a weary step, and many a groan, Up the high hill he heaves a huge round stone; The huge round stone, resulting with a bound, Thunders impetuous down, and smokes along the ground.
Página 91 - Thirdly, and lastly, commerce and manufactures gradually introduced order and good government, and with them the liberty and security of individuals, among the inhabitants of the country, who had before lived almost in a continual state of war with their neighbours, and of servile dependency upon their superiors.
Página 229 - The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 237 - In every society the price of every commodity finally resolves itself into some one or other, or all of those three parts; and in every improved society, all the three enter more or less, as component parts, into the price of the far greater part of commodities.
Página 223 - The counsellor at law who, perhaps, at near forty years of age, begins to make something by his profession, ought to receive the retribution, not only of his own so tedious and expensive education, but of that of more than twenty others who are never likely to make any thing by it. How extravagant soever the fees of counsellors at law may sometimes appear, their real retribution is never equal to this.
Página 28 - Capital is kept in existence from age to age not by preservation, but by perpetual reproduction: every part of it is used and destroyed, generally very soon after it is produced, but those who consume it are employed meanwhile in producing more.
Página 251 - In a country fully stocked in proportion to all the business it had to transact, as great a quantity of stock would be employed in every particular branch as the nature and extent of the trade would admit. The competition, therefore, would everywhere be as great, and consequently the ordinary profit as low as possible.