Political EconomyAmerican Book Company, 1917 - 134 Seiten |
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Seite 34
... invention of a great number of machines , which facilitate and abridge labour , and enable one man to do the work of many . There can be no doubt as to the increase of dexterity , which arises from practice . Any one who has tried to ...
... invention of a great number of machines , which facilitate and abridge labour , and enable one man to do the work of many . There can be no doubt as to the increase of dexterity , which arises from practice . Any one who has tried to ...
Seite 35
... inventions have been made in this way . But , as a general rule , the division of labour leads to invention , because it enables ingenious men to make invention their pro- fession . The greatest inventors , such as James Watt , Bramah ...
... inventions have been made in this way . But , as a general rule , the division of labour leads to invention , because it enables ingenious men to make invention their pro- fession . The greatest inventors , such as James Watt , Bramah ...
Seite 37
... invention of printing , books used to be thus copied out , and manuscript books were therefore very expensive , besides being full of mis- takes . The whole of Shakespeare's Plays can now be bought for a shilling ; and any one of the ...
... invention of printing , books used to be thus copied out , and manuscript books were therefore very expensive , besides being full of mis- takes . The whole of Shakespeare's Plays can now be bought for a shilling ; and any one of the ...
Inhalt
INTRODUCTION | 7 |
UTILITY | 17 |
PRODUCTION OF WEALTH | 24 |
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Adam Smith American Book Company arises BALFOUR STEWART banker become beef better Brander Matthews bubble called capitalist carry cent cheaply circulating capital Cloth coal coins collapse commodity Company Cincinnati Chicago corn cost cotton division of labour earn employed employers employment England exchange factory farm farmer give gold increase Indirect Taxes invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage means ment metal natural agent paid payment pearls person plenty political economy poor pounds Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell sent prepaid shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen York American