Principles of Political Economy and Taxation |
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Common terms and phrases
abundance accumulation Adam Smith additional advantage afford agriculture alteration amount bounty Buchanan capital employed cause cent circulating capital circumstances cloth consequence consumer cost of production cultivation demand for labour diminished diminution dities duce duction effect employment England equal exchangeable value expense exportation farmer fixed capital foreign trade funds gold greater quantity importance improvements income increase interest labour necessary landlord lower machinery Malthus manufacturer market price ment modities money price natural price necessarily obtain paid payment Physiocratic population portion Portugal price of commodities price of corn price of labour price of raw principle profits of stock proportion purchase quantity of labour quarters raise the price rate of profits raw produce regulated relative value revenue Ricardo rich rise of wages says seignorage sell silver supply suppose taxation things tion value of commodities value of money variation wages of labour wealth wheat whilst whole wine