Political EconomyAmerican Book Company, 1886 - 134 Seiten |
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Seite 15
... course scarcity alone will not create value . There are many scarce metals , or minerals , of which only a few little bits have ever yet been seen ; but such substances are not valuable , unless some special use has been found for them ...
... course scarcity alone will not create value . There are many scarce metals , or minerals , of which only a few little bits have ever yet been seen ; but such substances are not valuable , unless some special use has been found for them ...
Seite 29
... course we ought to do things when it is most easy to do them , and when we are likely to get most produce for our labour . The angler goes to the river in the early morning or the evening , when the fish will bite ; the farmer makes hay ...
... course we ought to do things when it is most easy to do them , and when we are likely to get most produce for our labour . The angler goes to the river in the early morning or the evening , when the fish will bite ; the farmer makes hay ...
Seite 30
... course not , because there would be no result . No one is so foolish as to spend his labour in a place where it would be wasted alto- gether . In other cases it is a question of degree ; there may be some produce here , but there would ...
... course not , because there would be no result . No one is so foolish as to spend his labour in a place where it would be wasted alto- gether . In other cases it is a question of degree ; there may be some produce here , but there would ...
Seite 46
... course require three times as much capital , or ninety pounds worth ; ten men will need three hundred pounds worth , and so on in proportion . But in grow- ing vines it is necessary to wait several years after the vines are planted ...
... course require three times as much capital , or ninety pounds worth ; ten men will need three hundred pounds worth , and so on in proportion . But in grow- ing vines it is necessary to wait several years after the vines are planted ...
Seite 47
... course he may do so . But , as a general rule , he cannot do this without working for a length of time , waiting till the produce is finished and sold . In order to do this he wants something more than his labour , namely , his food in ...
... course he may do so . But , as a general rule , he cannot do this without working for a length of time , waiting till the produce is finished and sold . In order to do this he wants something more than his labour , namely , his food in ...
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Häufige Begriffe und Wortgruppen
Adam Smith advantage APPLETON arises BALFOUR STEWART banker become beef benefit better bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton difficult division of labour earn employed employers employment England English English Language 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 machinery machines manage means ment metal paid payment pearls peasant person plenty political economy poor pounds Primer produce profits quantity railways rate of interest rate of wages Reader receive rent requisites of production rich sell shares shillings silver slavery sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen
Beliebte Passagen
Seite 59 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and fifthly, the probability or improbability of success in them.
Seite 129 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Seite 130 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.
Seite 34 - ... the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Seite 130 - Every tax ought to be so contrived as both to take out and keep out of the pockets of the people as little as possible over and above what it brings into the public treasury of the State.
Seite 128 - The subjects of every State ought to contribute towards the support of the government, as nearly as possible in proportion to their respective abilities ; that is, in proportion to the revenue they respectively enjoy under the protection of the State .... In the observation or neglect of this maxim, consists what is called the equality 'or inequality of taxation.
Seite 58 - Secondly, the wages of labour vary with the easiness and cheapness, or the difficulty and expense of learning the business. When any expensive machine is erected, the extraordinary work to be performed by it before it is worn out, it must be expected, will replace the capital laid out upon it, with at least the ordinary profits.