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 46
And in order to avoid confusion , it is desirable to confine this term labour , to such exertion as is productive of wealth . Men exert themselves for amusement , health , or recreation , and may fatigue themselves as much in so doing ...
And in order to avoid confusion , it is desirable to confine this term labour , to such exertion as is productive of wealth . Men exert themselves for amusement , health , or recreation , and may fatigue themselves as much in so doing ...
Page 67
The results of labour so accumulated , or provided beforehand for productive purposes , are called by the general term capital . It is thus made clear that labour can produce nothing , or scarce anything , without the aid both of ...
The results of labour so accumulated , or provided beforehand for productive purposes , are called by the general term capital . It is thus made clear that labour can produce nothing , or scarce anything , without the aid both of ...
Page 208
If the improvement is fitted only to last a certain term of years , as the lime - manuring of land , temporary farm - buildings , and improved rotations of crops , the increased return must be sufficient to replace the capital expended ...
If the improvement is fitted only to last a certain term of years , as the lime - manuring of land , temporary farm - buildings , and improved rotations of crops , the increased return must be sufficient to replace the capital expended ...
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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