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 196
Though the parties concerned in the production of the remaining portion of the supply receive a monopoly profit , they do not thereby raise the price of their article . It is out of their power by refusing to produce , or by any other ...
Though the parties concerned in the production of the remaining portion of the supply receive a monopoly profit , they do not thereby raise the price of their article . It is out of their power by refusing to produce , or by any other ...
Page 227
Their property is not capital until it be realized : it is merely a debt secured by law upon the land , capital , or labour in the ownership of other parties . In whatever proportions the several classes of labourers , capitalists , and ...
Their property is not capital until it be realized : it is merely a debt secured by law upon the land , capital , or labour in the ownership of other parties . In whatever proportions the several classes of labourers , capitalists , and ...
Page 402
That medium must remain some time in the possession of one of the exchanging parties before he realizes or exchanges it in turn for goods . In the case supposed , of a doubling in its value between one day and another , the parties in ...
That medium must remain some time in the possession of one of the exchanging parties before he realizes or exchanges it in turn for goods . In the case supposed , of a doubling in its value between one day and another , the parties in ...
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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