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 48
... pieces the mo- ment they had breathed their last . Under this miserable government the palaces have been changed into cottages , and the cities into vil- lages . The long continued want of security has extinguished the very spirit of ...
... pieces the mo- ment they had breathed their last . Under this miserable government the palaces have been changed into cottages , and the cities into vil- lages . The long continued want of security has extinguished the very spirit of ...
Página 79
... piece of money of a certain denomination , should always be precisely equivalent to every other piece of money of the ... pieces of money and without the fifth quality , or comparative steadi- ness of value , money could not serve as a ...
... piece of money of a certain denomination , should always be precisely equivalent to every other piece of money of the ... pieces of money and without the fifth quality , or comparative steadi- ness of value , money could not serve as a ...
Página 168
... piece of timber , and a machine for manufacturing timber ; and though the original cost of this machine be but small , yet , as it is not liable to waste or decay , the capital vested in it will , at the end of a distant period , have ...
... piece of timber , and a machine for manufacturing timber ; and though the original cost of this machine be but small , yet , as it is not liable to waste or decay , the capital vested in it will , at the end of a distant period , have ...
Página 174
... pieces of gold and silver to market than formerly ; but he would obtain the same quantity of commodities in exchange for them . Whatever , therefore , may be the state of money wages in a country -whether they are Is . or 5s . a day ...
... pieces of gold and silver to market than formerly ; but he would obtain the same quantity of commodities in exchange for them . Whatever , therefore , may be the state of money wages in a country -whether they are Is . or 5s . a day ...
Página 180
... piece , endeavour , by increasing the quantity of their work , to obtain the means of purchasing a greater quantity of food . It is natural , there- fore , that the immediate effect of a rise of prices , should be to lower , not to ...
... piece , endeavour , by increasing the quantity of their work , to obtain the means of purchasing a greater quantity of food . It is natural , there- fore , that the immediate effect of a rise of prices , should be to lower , not to ...
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.