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 158
But some portion of this is unquestionably of the nature of wages , the recompense of their perconal labour , skill and ingenuity . Another portion often consists of monopoly gains , arising from the possession of exclusive advantages ...
But some portion of this is unquestionably of the nature of wages , the recompense of their perconal labour , skill and ingenuity . Another portion often consists of monopoly gains , arising from the possession of exclusive advantages ...
Page 174
It is to this last portion only of the ordinary rent of land that the greater number of political economists have confined their attention ; and this exceedingly narrow and imperfect view of the nature of rent has necessarily led them ...
It is to this last portion only of the ordinary rent of land that the greater number of political economists have confined their attention ; and this exceedingly narrow and imperfect view of the nature of rent has necessarily led them ...
Page 196
When , however , only a portion of the entire supply is produced under a monopoly , the necessary cost of the article is not affected by such monopoly , but consists solely of the labour , time , and capital required to produce that ...
When , however , only a portion of the entire supply is produced under a monopoly , the necessary cost of the article is not affected by such monopoly , but consists solely of the labour , time , and capital required to produce that ...
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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