The Principles of Political Economy: With Sketch of the Rise and Progress of the ScienceAlex. Murray and Son, 1870 - 360 páginas |
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Página 7
... exchange SECTION II . Classes among which the Produce of Industry is divided - Equality of Wages in all the Different Departments of Industry - Equality of Profits - Capitals of every degree of Durability . SECTION III . Cost of ...
... exchange SECTION II . Classes among which the Produce of Industry is divided - Equality of Wages in all the Different Departments of Industry - Equality of Profits - Capitals of every degree of Durability . SECTION III . Cost of ...
Página 9
... exchange- able value , it is meant that one or more individuals are disposed to give a certain quantity of labour , or a certain quantity of some other article or product , obtainable only by means of labour , in exchange for it . The ...
... exchange- able value , it is meant that one or more individuals are disposed to give a certain quantity of labour , or a certain quantity of some other article or product , obtainable only by means of labour , in exchange for it . The ...
Página 10
... exchange . But he did not always keep this distinction in view , and it has been very often lost sight of by sub- sequent writers . There can be no doubt , indeed , that the confounding together of these opposite qualities has been one ...
... exchange . But he did not always keep this distinction in view , and it has been very often lost sight of by sub- sequent writers . There can be no doubt , indeed , that the confounding together of these opposite qualities has been one ...
Página 11
... exchange ; and shall always use the word utility to express the power or capacity of an article to satisfy our wants , or gratify our desires . Political Economy has been frequently defined to be ' the science which treats of the ...
... exchange ; and shall always use the word utility to express the power or capacity of an article to satisfy our wants , or gratify our desires . Political Economy has been frequently defined to be ' the science which treats of the ...
Página 29
... exchange and ready money are the same , nothing but carriage and re - carriage being saved ? ' That money exported in trade is an increase to the wealth of the nation ; but spent in war , and payments abroad , is so much impoverishment ...
... exchange and ready money are the same , nothing but carriage and re - carriage being saved ? ' That money exported in trade is an increase to the wealth of the nation ; but spent in war , and payments abroad , is so much impoverishment ...
Términos y frases comunes
Adam Smith advantage agriculture balance of trade bullion bushel capital capitalists carried circumstances clipped money coined silver commerce commodities commodities produced compared consequence consumed consumption corn cost crown cultivation debts demand denomination diminished dities durable effect employed employment England exchangeable value exportation fall foreign four per cent greater Holland improvement increase industry interest labour required land less lessening Lowndes machinery machines manufactures means melted merchant milled money modities nation natural necessary obtain occasion ounce of silver paid pence pieces plain population portion principle proportion publick purchase quantity of labour quantity of silver quarters rate of profit rate of wages raw produce real value reason receive reduced regulated rent rise sell shillings society soils species standard silver subsistence supply suppose thing tillage tion trade value of money vent wealth Wealth of Nations weight weighty money wheat whilst worth yield
Pasajes populares
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.