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 160
This , however , is an extreme supposition , which can never really happen ; for if profits fall througlı the competition of increased capital , the inducement to save is weakened , while that to spend is increased , by the fall in cost ...
This , however , is an extreme supposition , which can never really happen ; for if profits fall througlı the competition of increased capital , the inducement to save is weakened , while that to spend is increased , by the fall in cost ...
Page 408
In the principal articles of foreign importation , viz . sugar , coffee , hemp , cotton , tallow , oil , timber , and tobacco , the fall had been near forty per cent . This relates to raw produce only . But the reduction in manufactured ...
In the principal articles of foreign importation , viz . sugar , coffee , hemp , cotton , tallow , oil , timber , and tobacco , the fall had been near forty per cent . This relates to raw produce only . But the reduction in manufactured ...
Page 411
And yet the argument we are contending against - viz . , that a fall in general prices , when occasioned by a general increase of productiveness , is no injury to the producing , that is , the debtor class - would strictly lead to this ...
And yet the argument we are contending against - viz . , that a fall in general prices , when occasioned by a general increase of productiveness , is no injury to the producing , that is , the debtor class - would strictly lead to this ...
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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