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 71
So long as exchanges are free and voluntary , so long it is evident that the benefit to the exchanging parties is mutual and equal , or each would not agree to them . The right to freedom of exchange is included in the right to a free ...
So long as exchanges are free and voluntary , so long it is evident that the benefit to the exchanging parties is mutual and equal , or each would not agree to them . The right to freedom of exchange is included in the right to a free ...
Page 74
It is evident that , by these and many other contrivances , there is not only effected a vast economy of time , but of power likewise , through the division of labour . Without it a man would be often employed in doing what a child ...
It is evident that , by these and many other contrivances , there is not only effected a vast economy of time , but of power likewise , through the division of labour . Without it a man would be often employed in doing what a child ...
Page 341
But so long as the gross produce of such expenditure is liable to a tax of 10 per cent . , it is evident that a complete bar is placed to all such employment of capital , however desirable in a national and economical point of view .
But so long as the gross produce of such expenditure is liable to a tax of 10 per cent . , it is evident that a complete bar is placed to all such employment of capital , however desirable in a national and economical point of view .
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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