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 154
... owner of capital is not allowed to make what profit he can upon it by lending it to others , no one will accumulate more capital than he can use himself , and nearly all savings would thenceforward be hoarded in cellars and closets ...
... owner of capital is not allowed to make what profit he can upon it by lending it to others , no one will accumulate more capital than he can use himself , and nearly all savings would thenceforward be hoarded in cellars and closets ...
Page 177
... owners of most mines , fisheries , forests , & c . , enjoy a similar advantage of monopoly . Those which are naturally most prolific , or best situated for supplying the principal markets , afford the largest returns to their owner ...
... owners of most mines , fisheries , forests , & c . , enjoy a similar advantage of monopoly . Those which are naturally most prolific , or best situated for supplying the principal markets , afford the largest returns to their owner ...
Page 178
... owners to other parties at a rent . The value of any monopoly to its owner is measured by the superiority he enjoys over the least favourably situated of all his habitual competitors in the same market . These could not afford to ...
... owners to other parties at a rent . The value of any monopoly to its owner is measured by the superiority he enjoys over the least favourably situated of all his habitual competitors in the same market . These could not afford to ...
Contents
PRELIMINARY DISCOURSE ON the Coincidence of | 1 |
Primary Natural Rights1 To Personal | 13 |
Duty of a Government the securing | 28 |
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advantages afford agricultural amount arts benefit circulating circumstances colonies comforts commerce common condition consequently consumed continually corn CORN-LAWS cost cultivation demand division of labour duce duction duties effect employed employment England enjoyment equally evils exchange exclusive exertions existence expense extent favour fertility foreign greater happiness human improvement increase individual industry injury interest invested Ireland land landlord legislative less levied likewise limited machinery mankind manufactures means ment mode monopoly moral natural justice natural laws natural right necessary numbers object obtain occupation owner parish parties perhaps persons Political Economy poor poor-law poor-rate population portion possess present principle procure production profit proportion quantity raw produce rent serf skill society soil subsistence sumers supply surplus surplus labour taxation things tion tithe trade value of money villeins wages waste land wealth welfare