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 43
... Wealth no certain mea- sure of happiness . — Test proposed . WEALTH , then , in its relation to happiness , is the subject of the investigations of Political Economy ; and by wealth we profess to understand all the necessaries ...
... Wealth no certain mea- sure of happiness . — Test proposed . WEALTH , then , in its relation to happiness , is the subject of the investigations of Political Economy ; and by wealth we profess to understand all the necessaries ...
Page 44
... wealth , on the ground that they are immaterial . Inasmuch as they are habitually bought and sold , I should consider them comprehended in the definition of wealth given above . I can see no essential distinction between the services ...
... wealth , on the ground that they are immaterial . Inasmuch as they are habitually bought and sold , I should consider them comprehended in the definition of wealth given above . I can see no essential distinction between the services ...
Page 54
... wealth in the world ; but will any one recom- mend it as a means of augmenting the mass of human happiness ? No ! wealth may be pur- chased at too high a price , if that price be the degradation and suffering of those who produce it .
... wealth in the world ; but will any one recom- mend it as a means of augmenting the mass of human happiness ? No ! wealth may be pur- chased at too high a price , if that price be the degradation and suffering of those who produce it .
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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accumulated acquired Adam Smith advantages afford agriculture amount arts benefit capital capitalists circulates circulating capital circumstances claim common condition consequently consumed continually corn CORN-LAWS cost cultivation demand disposal distribution division of labour duce duction ductiveness economists employed employment enabled England enjoyment equal equitable exchange exclusive exertions existence expense favourable fertility greater gross profits human improvement increase individual industry injury interest INVESTMENTS Ireland labour landlord landowners less likewise machinery manufacturing means ment mode monopoly nations natural laws natural right necessary numbers object obtain occupation owner parties perhaps persons Political Economy poor-law population portion possession present principle produce profit proportion proportionately purchase quantity raised raw produce securing serf share skill society soil sovereign subsistence sumers superior supply surplus tenants things tion tithe tivation trade villeins wages waste land wealth