Principles of Social Economy, Volume 20 |
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PRINCIPLES OF SOCIAL ECONOMY Yves 1843-1928 Guyot,C. H. D'Eyncourt Leppington No preview available - 2016 |
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Adam Smith advantage agricultural amount applied appropriated average Bank Bank of England Bank of France Bastiat Bonamy Price Book cent chap Charles Dunoyer circulating capital civilisation coal Colbert commerce commodities consumed consumption corn cost cotton demand Diagram economic science economists effort employed England English exchange exist facts fall fixed capital force France French give gold Government hectolitres human idea increase individual industry interest inverse ratio J. B. Say J. S. Mill kilogrammes kilomètre labour land less Louis Blanc Malthus manufacturers masters means millions nation natural agents object observed organisation over-consumption Paris persons phenomena physiocrats political economy population principles privileges production profit proportion proprietors Protectionists prove question railway raw material relation result rise sell social society statistics taxes theory things tion trade transport truth wages wealth workmen Yves Guyot
Popular passages
Page 174 - The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Page 42 - Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects : first, to provide a plentiful revenue or subsistence for the people, or, more properly, to enable them to provide such a revenue or subsistence for themselves ; and secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.
Page 188 - While industry is suspended, while the plough lies in the furrow, while the Exchange is silent, while no smoke ascends from the factory, a process is going on quite as important to the wealth of nations as any process which is performed on more busy days. Man, the machine of machines, the machine compared with which all the contrivances of the Watts and the Arkwrights are worthless, is repairing and winding up, so that he returns to his labours on the Monday with clearer intellect, with livelier...
Page 35 - The word value, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys.
Page 174 - It is not to be understood that the natural price of labour, estimated even in food and necessaries, is absolutely fixed and constant. It varies at different times in the same country, and very materially differs in different countries. 14 It essentially depends on the habits and customs of the people.
Page 218 - Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.
Page 124 - ... the human species would increase as the numbers, 1, 2, 4, 8, 16, 32, 64, 128, 256; and subsistence as 1, 2, 3, 4, 5, 6, 7, 8, 9. In two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thousand years the difference would be almost incalculable.
Page 50 - Secondly, of all those profitable buildings which are the means of procuring a revenue, not only to their proprietor who lets them for a rent, but to the person who possesses them and pays that rent for them; such as shops, warehouses, workhouses, farmhouses, with all their necessary buildings; stables, granaries, etc.
Page 123 - It may safely be pronounced, therefore, that population, when unchecked, goes on doubling itself every twenty-five years, or increases in a geometrical ratio.