A Project of Empire: A Critical Study of the Economics of Imperialism, with Special Reference to the Ideas of Adam Smith
Macmillan, 1909 - 284 páginas
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Adam Smith admitted advantage agriculture already applied argument Book Britain British capital carrying causes chap chapter colonies commerce commodities companies consideration considered consumer continuous cost customs defence depends difficulty direct duties economic effect empire employed employment encouragement England equal examined example exceptions expense export follows force foreign trade forms free trade freedom gain give given greater greatest growth home market ideas imperial importance imposed increase industry interests internal kind labour land laws less look manufactures means ment merchants method monopoly natural necessary never object obtained particular passage point of view political possible practical preferences present principle produce profit prohibitions protection question reason regards regulations relations retaliation revenue secure seems society supposed surplus taxation term things tion union United wealth whole
Página 264 - Act, which is similar, either in material, quality, texture, or the use to which it may be applied, to any article enumerated in this Act as chargeable with duty, shall pay the same rate of duty which is levied on the enumerated article which it most resembles in any of the particulars before mentioned...
Página 207 - To found a great empire for the sole purpose of raising up a people of customers, may at first sight appear a project fit only for a nation of shopkeepers.
Página 116 - 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 136 - I have never known much good done by those who affected to trade for the public good. It is an affectation, indeed, not very common among merchants, and very few words need be employed in dissuading them from it.
Página 114 - It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.
Página 12 - It is not impossible, therefore, that some of the regulations of this famous act may have proceeded from national animosity. They are as wise, however, as if they had all been dictated by the most deliberate wisdom. National animosity at that particular time aimed at the very same object which the most deliberate wisdom would have recommended, the diminution of the naval power of Holland, the only naval power which could endanger the security of England.
Página 170 - To expect, indeed, that the freedom of trade should ever be entirely restored in Great Britain, is as absurd as to expect that an Oceana or Utopia should ever be established in it.
Página 184 - The discovery of America, and that of a passage to the East Indies by the Cape of Good Hope, are the two greatest and most important events recorded in the history of mankind.
Página 136 - 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 fit to exercise it.
Página 78 - There may be good policy in retaliations of this kind, when there is a probability that they will procure the repeal of the high duties or prohibitions complained of. The recovery of a great foreign market will generally more than compensate the transitory inconveniency of paying dearer during a short time for some sorts of goods.