A Project of Empire: A Critical Study of the Economics of Imperialism, with Special Reference to the Ideas of Adam SmithMacmillan, 1909 - 284 páginas |
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Página 52
... applied in determin- ing the relative advantages of other kinds of foreign trade . The near trade , e.g. trade with France , is more advantageous than the distant trade , e.g. with India or America . And finally the pure carrying trade ...
... applied in determin- ing the relative advantages of other kinds of foreign trade . The near trade , e.g. trade with France , is more advantageous than the distant trade , e.g. with India or America . And finally the pure carrying trade ...
Página 62
... applied to new facts , but in the search for truth one great aid is to have guiding ideas . And whether true or false the ideas of Adam Smith have had a greater effect on the actual making of economic history than those of any other ...
... applied to new facts , but in the search for truth one great aid is to have guiding ideas . And whether true or false the ideas of Adam Smith have had a greater effect on the actual making of economic history than those of any other ...
Página 75
... applied to agriculture at very low rates of profit . § 10. Other Home Industries . Adam Smith also argues that as regards home industries generally , the natural preference is so strong that capital will not be sent abroad in any way ...
... applied to agriculture at very low rates of profit . § 10. Other Home Industries . Adam Smith also argues that as regards home industries generally , the natural preference is so strong that capital will not be sent abroad in any way ...
Página 91
... applied to the same extent to this form of industry ; and the proximate reason is that it does not obtain enough profit . Accordingly , the first condition for the restoration of the industry is that it shall be made profitable . The ...
... applied to the same extent to this form of industry ; and the proximate reason is that it does not obtain enough profit . Accordingly , the first condition for the restoration of the industry is that it shall be made profitable . The ...
Página 156
... applied in our own times , it ought to be applied not in the letter but in the spirit ; and before we seek to apply it at all , we ought to take account of the practical difficulties and of the cost ; and not only of the money or commer ...
... applied in our own times , it ought to be applied not in the letter but in the spirit ; and before we seek to apply it at all , we ought to take account of the practical difficulties and of the cost ; and not only of the money or commer ...
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Términos y frases comunes
Adam Smith agriculture Alexander Hamilton annual produce Book bounties Britain British capital British Empire capital employed carrying trade chap chapter commercial commodities considered consumer Corn Laws customs duties customs union defence difficulty economic effect employment of capital England equal example expense export trade favour foreign countries foreign trade freedom of trade greater high duties home country home industries home labour home market home producer home trade imperial federation imposed increase interests internal free trade kind labour and capital land and labour manufactures means mercantile system mercantilist merchants method monopoly Moral Sentiments mother country national advantage natural conditions Navigation Act necessary particular passage point of view political economy present principle productive labour prohibitions protectionist rate of profit realised regards retaliation revenue self-governing colonies society surplus taxation taxes theory tion towns trade of consumption United Kingdom unproductive wages Wealth of Nations whole
Pasajes populares
Página 266 - 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 209 - 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 118 - 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 116 - 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 14 - 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 186 - 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 iii - The rulers of Great Britain have, for more than a century past, amused the people with the imagination "that they possessed a great empire on the west side of the Atlantic. This empire, however, has hitherto existed in imagination only. It has hitherto been, not an empire, but the project of an empire; not a gold mine, but the project of a gold mine...
Página 109 - It is certainly not employed to the greatest advantage when it is thus directed towards an object which it can buy cheaper than it can make. The value of its annual produce is certainly more or less diminished, when it is thus turned away from producing commodities evidently of more value than the commodity which it is directed to produce.
Página 138 - 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 80 - 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.