Economics and Ethics: A Treatise on Wealth and Life

Methuen & Company Limited, 1923 - 293 páginas

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Página 3 - Obey my voice and I will be your God, and ye shall be my people; and walk ye in all the ways that I have commanded you that it may be well unto you.' 1 ' What doth the Lord require of thee but to do justly and to love mercy, and to walk humbly with thy God.
Página 279 - purposes, will find that with small men no great thing can really be accomplished; and that the perfection of machinery to which it has sacrificed everything will in the end avail it nothing, for want of the vital power which, in order that the machine might work more smoothly, it has preferred to banish.
Página 218 - Consumption', wrote Adam Smith, ' 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. The maxim is so perfectly self-evident that it would be absurd to
Página 39 - Where then, ah! where shall poverty reside, To 'scape the pressure of contiguous pride? If to some common's fenceless limits strayed He drives his flock to pick the scanty blade, Those fenceless fields the sons of wealth divide, And e'en the bare worn common is denied.
Página 169 - to purchase or command. Labour therefore is the real measure of the exchangeable value of all commodities. The real price of everything, what every thing really costs to the man who wants to acquire it is the toil and trouble of acquiring it'.
Página 46 - The annual labour of every nation is the fund which originally supplied it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour or in what is purchased with that produce from other nations.'-
Página 279 - The worth of a State, in the long run, is the worth of the individuals composing it; and a State which postpones the interests of their mental expansion and elevation to a little more of administrative skill, ... in the details of business; a State which dwarfs its men, in order that they may be more docile instruments in its hands, even for
Página 54 - that' the man whose whole life is spent in performing a few simple operations generally becomes as stupid and ignorant as it is possible for a human creature to become'.
Página 26 - The greatest improvement in the productive powers of labour and the greater part of the skill, dexterity, and judgment with which it is anywhere directed or applied seem to have been the

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