Political EconomyD. Appleton, 1888 - 134 Seiten |
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Seite 21
... employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be much more useful in old age , when even necessaries and ordinary comforts may be difficult to obtain . All wealth is produced in ...
... employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be much more useful in old age , when even necessaries and ordinary comforts may be difficult to obtain . All wealth is produced in ...
Seite 22
... employment . Tradespeople favour these notions , because it is obvious that , the more a milliner or draper can persuade his customer to buy , the more profit he makes thereby . The customers , too , are quite inclined to think the ...
... employment . Tradespeople favour these notions , because it is obvious that , the more a milliner or draper can persuade his customer to buy , the more profit he makes thereby . The customers , too , are quite inclined to think the ...
Seite 35
... employment to another , and if this happens frequently , he is likely to become lazy . In the third place , Smith asserted that the division of labour leads to the invention of machines which abridge labour , because men , he thought ...
... employment to another , and if this happens frequently , he is likely to become lazy . In the third place , Smith asserted that the division of labour leads to the invention of machines which abridge labour , because men , he thought ...
Seite 38
... employment just suited to each person's powers ; clever workmen do the work which no one else can do ; they have common labourers to help them in things which require no skill ; foremen plan out the work , and allot it to the artisans ...
... employment just suited to each person's powers ; clever workmen do the work which no one else can do ; they have common labourers to help them in things which require no skill ; foremen plan out the work , and allot it to the artisans ...
Seite 40
... employment in making and putting together the parts of a piano ; there are about forty trades engaged in watchmaking ; in the cotton business . there are more than a hundred occupations . But new trades are frequently created ...
... employment in making and putting together the parts of a piano ; there are about forty trades engaged in watchmaking ; in the cotton business . there are more than a hundred occupations . But new trades are frequently created ...
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Adam Smith advantage APPLETON arises BALFOUR STEWART banker barristers become beef benefit better bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton deal difficult division of labour doubt earn employed employers employment England exchange factory fallacy farm farmer give gold increase Indirect Taxes invention iron Iron puddlers JAMES JOHONNOT John Smith kind land laws of supply less limited in supply live lockout machinery machines manage means ment metal natural agent paid payment pearls person plenty political economy poor pounds present Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen