Political EconomyD. Appleton, 1888 - 134 Seiten |
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Seite 8
... spend his wealth for the benefit of his relatives , friends , and the public generally , they proceed to condemn the science of wealth . But these complainers misunderstand the purpose of a science like political economy . They do not ...
... spend his wealth for the benefit of his relatives , friends , and the public generally , they proceed to condemn the science of wealth . But these complainers misunderstand the purpose of a science like political economy . They do not ...
Seite 9
... spend it in luxurious living like a spendthrift . There is absolutely nothing in the science to dissuade the rich man from spending his wealth generously and yet wisely . He may prudently help his relatives and friends ; he may ...
... spend it in luxurious living like a spendthrift . There is absolutely nothing in the science to dissuade the rich man from spending his wealth generously and yet wisely . He may prudently help his relatives and friends ; he may ...
Seite 20
... spend the labour in manu- facturing other things . Secondly , we must always try to produce things with the least possible labour ; for labour is painful exertion , and we wish to undergo as little pain and trouble as we can . Thus , as ...
... spend the labour in manu- facturing other things . Secondly , we must always try to produce things with the least possible labour ; for labour is painful exertion , and we wish to undergo as little pain and trouble as we can . Thus , as ...
Seite 21
... spend all his wages when trade is brisk , because he will want some of it much more when trade becomes slack , and he is out of employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be ...
... spend all his wages when trade is brisk , because he will want some of it much more when trade becomes slack , and he is out of employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be ...
Seite 22
William Stanley Jevons. If uncommon to hear people say that they ought to spend money freely in order to encourage trade . every person were to save his money instead of spend- ing it , trade , they think , would languish and workmen ...
William Stanley Jevons. If uncommon to hear people say that they ought to spend money freely in order to encourage trade . every person were to save his money instead of spend- ing it , trade , they think , would languish and workmen ...
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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