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
It is quite clear that if the 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 ...
It is quite clear that if the 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 ...
Page 177
The owners of most mines , fisheries , forests , & c . , enjoy a similar advantage of monopoly . ... afford the largest returns to their owner , after replacing the capital and paying the labour employed in working them .
The owners of most mines , fisheries , forests , & c . , enjoy a similar advantage of monopoly . ... afford the largest returns to their owner , after replacing the capital and paying the labour employed in working them .
Page 178
Some of these advantages may even be , and are occasionally , let out by their 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 ...
Some of these advantages may even be , and are occasionally , let out by their 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 ...
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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