Principles of Political Economy: Deduced from the Natural Laws of Social Welfare and Applied to the Present State of Britain |
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Page 141
DEFINITION OF CAPITAL . 141 We should therefore define capital as that portion of moveable stock which is employed , or reserved for employment , in production , -to which we would add in order to exclude ambiguity as far as possible ...
DEFINITION OF CAPITAL . 141 We should therefore define capital as that portion of moveable stock which is employed , or reserved for employment , in production , -to which we would add in order to exclude ambiguity as far as possible ...
Page 142
a No labourer , we have said , can work at any . thing but with the aid of capital , either produced by himself , or procured from others . But production could advance only with the utmost slowness , convenient and more accordant with ...
a No labourer , we have said , can work at any . thing but with the aid of capital , either produced by himself , or procured from others . But production could advance only with the utmost slowness , convenient and more accordant with ...
Page 156
capital invested in them may be turned , perhaps , every twenty or fifty years . If then the terms fixed and circulating capital are to be retained , I would confine the latter to such portions of capital as are renewed or repurchased ...
capital invested in them may be turned , perhaps , every twenty or fifty years . If then the terms fixed and circulating capital are to be retained , I would confine the latter to such portions of capital as are renewed or repurchased ...
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Contents
PRELIMINARY DISCOURSE On the Coincidence of | 1 |
Duty of a Government the securing | 28 |
PRINCIPLES OF POLITICAL ECONOMY DEDUCED | 40 |
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advantages afford agriculture amount arts benefit called capital carried cause circumstances comforts commodities condition consequently consumed continually corn cost cultivation demand desire determine direct distribution duties Economy effect employed employment enjoyment entire equally evident evils exchange exclusive existence expense extent fact fall foreign give greater hand happiness human important improvement increase individual industry injury institutions interest kind labour land least less limited maintain manufactures means measure ment monopoly natural necessary numbers object obtain occupation owner parties perhaps period persons political poor poor-law population portion possess possible present principle probably production profit proportion quantity raised reason remain rent result share skill society soil subsistence sufficient supply term things tion trade true wages wealth whole
Bibliographic information
| Title | Principles of Political Economy: Deduced from the Natural Laws of Social Welfare and Applied to the Present State of Britain Reprints of economic classics |
| Author | George Poulett Scrope |
| Edition | reprint |
| Publisher | A. M. Kelley, 1969 |
| ISBN | 067800563X, 9780678005637 |
| Length | 457 pages |
| Export Citation | BiBTeX EndNote RefMan |