The Principles of Political Economy: With Sketch of the Rise and Progress of the Science
Alex. Murray and Son, 1870 - 360 páginas
Comentarios de la gente - Escribir un comentario
No encontramos ningún comentario en los lugares habituales.
Términos y frases comunes
able advantage amount become bring brought bullion called capital carried cause cent circumstances classes clipped money coin commerce commodities compared consequence considerable considered continue corn cost crown cultivation debts demand denomination depend diminished effect employed employment enable England equal exchange exportation fall foreign give given gold greater half hands important improvement increase individual industry interest keep labour land less lessening manufactures means measure melted merchant milled natural necessary never obtain occasion ounce paid particular period pieces plain population portion present principle produce profit proportion publick purchase quantity quantity of labour quarters raised rate of wages reason receive reduced regulated rent respect rise sell shillings silver society soils species standard supply suppose thing tion trade true wages wealth weight worth yield
Página 74 - 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 211 - In the same class must be ranked, some both of the gravest and most important, and some of the most frivolous professions: churchmen, lawyers, physicians, men of letters of all kinds; players, buffoons, musicians, opera-singers, opera-dancers, &c.
Página 40 - Labour was the first price, the original purchasemoney that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased...
Página 179 - By necessaries I understand not only the commodities which are indispensably necessary for the support of life, but whatever the custom of the country renders it indecent for creditable people, even of the lowest order, to be without.
Página 28 - That there can be no trade unprofitable to the public; for if any prove so, men leave it off; and wherever the traders thrive, the public, of which they are a part, thrives also.
Página 138 - If among a nation of hunters, for example, it usually costs twice the labour to kill a beaver which it does to kill a deer, one beaver should naturally exchange for or be worth two deer. It is natural that what is usually the produce of two days or two hours labour should be worth double of what is usually the produce of one day's or one hour's labour.
Página 150 - The exchangeable value of all commodities, whether they be manufactured, or the produce of the mines, or the produce of land, is always regulated, not by the less quantity of labour that will suffice for their production under circumstances highly...
Página 84 - The capital employed in agriculture, therefore, not only puts into motion a greater quantity of productive labour than any equal capital employed in manufactures, but, in proportion too to the quantity of productive labour which it employs, it adds a much greater value to the annual produce of the land and labour of the country, to the real wealth and revenue of its inhabitants. Of all the ways in which a capital can be employed, it is by far the most advantageous to the society.
Página 35 - ... comes with us from the womb, and never leaves us till we go into the grave.
Página 86 - If this capital is divided between two different grocers, their competition will tend to make both of them sell cheaper, than if it were in the hands of one only ; and if it were divided among twenty, their competition would be just so much the greater, and the chance of their combining together, in order to raise the price, just so much the less.