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 147
What gives value in exchange to labour ? Only that no one will , under a free system , give his labour for nothing , and consequently those who require the labour of others must pay for it . But the same cause gives value to time .
What gives value in exchange to labour ? Only that no one will , under a free system , give his labour for nothing , and consequently those who require the labour of others must pay for it . But the same cause gives value to time .
Page 351
And to cal ] forth his full energies , he must have , not a mere temporary tenure of his allotment — but such a permanent hold of it , as will give him a complete conviction of the undisputed enjoyment of all its improved produce ...
And to cal ] forth his full energies , he must have , not a mere temporary tenure of his allotment — but such a permanent hold of it , as will give him a complete conviction of the undisputed enjoyment of all its improved produce ...
Page 384
To give an artificial preference to its production from our home soils is only to require its production by a greater sacrifice of the capital and labour of the community than would be sufficient to obtain it by importation .
To give an artificial preference to its production from our home soils is only to require its production by a greater sacrifice of the capital and labour of the community than would be sufficient to obtain it by importation .
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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