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 140
When an individual consumes a certain quantity of his stock with no other aiin or result than the gratification of himself or his friends , the mass of wealth is pro tanto ... What is consumed in this way is usually said to be expended ...
When an individual consumes a certain quantity of his stock with no other aiin or result than the gratification of himself or his friends , the mass of wealth is pro tanto ... What is consumed in this way is usually said to be expended ...
Page 155
155 kinds of capital which are rapidly circulated — that is , consumed and replaced within brief periods , as a year for example , from capital of a more durable nature . But it may be surmised that except in the time during which they ...
155 kinds of capital which are rapidly circulated — that is , consumed and replaced within brief periods , as a year for example , from capital of a more durable nature . But it may be surmised that except in the time during which they ...
Page 170
Few objects are either sold or consumed at the same time and place where they are created . Nearly all articles require both more or less of time and labour , not merely to grow , prepare , and put them in marketable condition ...
Few objects are either sold or consumed at the same time and place where they are created . Nearly all articles require both more or less of time and labour , not merely to grow , prepare , and put them in marketable condition ...
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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