Political EconomyD. Appleton, 1889 - 134 Seiten |
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Seite 12
... able to explain clearly what wealth is . In fact it is not at all easy to decide the question . The popular idea is that wealth consists of money , and money consists of gold and silver ; the wealthy man , then , would be one who has an ...
... able to explain clearly what wealth is . In fact it is not at all easy to decide the question . The popular idea is that wealth consists of money , and money consists of gold and silver ; the wealthy man , then , would be one who has an ...
Seite 29
... able to wait and to do each kind of work at the best time , we must have enough capital to live upon in the meantime . 22. Work at the Best Place . Again , we should carry on every kind of work at the place III . ] 29 PRODUCTION OF WEALTH .
... able to wait and to do each kind of work at the best time , we must have enough capital to live upon in the meantime . 22. Work at the Best Place . Again , we should carry on every kind of work at the place III . ] 29 PRODUCTION OF WEALTH .
Seite 36
... able to forward a letter from any part of the kingdom to any other part for a penny or even a halfpenny . There are so many people sending and receiving letters , that a postman usually carries a great many , and often delivers half - a ...
... able to forward a letter from any part of the kingdom to any other part for a penny or even a halfpenny . There are so many people sending and receiving letters , that a postman usually carries a great many , and often delivers half - a ...
Seite 38
... able for it . We have already learnt ( sec . 22 , p . 29 ) that each kind of labour should be carried on where it is most productive ; but this cannot be done unless there be division of labour - so that while the French grow wine ...
... able for it . We have already learnt ( sec . 22 , p . 29 ) that each kind of labour should be carried on where it is most productive ; but this cannot be done unless there be division of labour - so that while the French grow wine ...
Seite 41
... able to do far more work than if they acted separately . 32. Disadvantages of the Division of Labour . There are ... able to build his own house , till the ground , tend his horse , and in a rough way , make his own carts , implements ...
... able to do far more work than if they acted separately . 32. Disadvantages of the Division of Labour . There are ... able to build his own house , till the ground , tend his horse , and in a rough way , make his own carts , implements ...
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Adam Smith advantage APPLETON arises ASTRONOMY banker barristers become beef benefit better Botany bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton difficult division of labour doubt earn employed employers employment England exchange factory fallacy farm farmer Geology give gold increase Indirect Taxes Introduction price invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage manufactured means ment metal natural agent paid payment pearls person plenty political economy poor Pound Sterling pounds 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