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 83
These are , first , that the entire commerce of Scotland , foreign and domestic , is carried on without the practical use of a single gold piece . Secondly , that , at the banker's clearing - house in London , exchange transactions are ...
These are , first , that the entire commerce of Scotland , foreign and domestic , is carried on without the practical use of a single gold piece . Secondly , that , at the banker's clearing - house in London , exchange transactions are ...
Page 161
If the two trades whose profits are compared , are not carried on in the same country , or under the same laws and government , then the variation in their gross profits may be still further swelled by the difference of the risk each is ...
If the two trades whose profits are compared , are not carried on in the same country , or under the same laws and government , then the variation in their gross profits may be still further swelled by the difference of the risk each is ...
Page 374
It is strange that those economists who deny that the commercial intercourse with a colony offers any advantages whatever beyond that carried on with independent states , should overlook this essential distinction between the two ...
It is strange that those economists who deny that the commercial intercourse with a colony offers any advantages whatever beyond that carried on with independent states , should overlook this essential distinction between the two ...
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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