Inductive Political Economy, Volume 1 |
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Académie française Adam Smith alms artizans assessments barbarism bread called capitalists cashbox cause cent charity Cholesbury classes Cobden Club coin commodities condemn cost death demand depression of trade distress doctrine doubt duty earn economists employment England English essay exports facts farm farmers favour foreign France French Gifts of Nature give gold Herbert Spencer Human Productions hunger income income-tax increased Ireland Jack Cades Jacquerie Jeremy Bentham labour laissez-faire land late Little Sisters Malthus manufactures Maxime Du Camp means of living millions mills nation Not-Capital opinion pauperism persons philosophy political economy poor poor-law population present principle profit prussic acid quarter railways reduced relief rent retail retaliation rich Sargant self-maintenance servants settlements social sovereigns Spencer supply taxes things tion unfixed capital wages Wat Tylers wheat workhouse workmen
Popular passages
Page 271 - Breathes there the man, with soul so dead, Who never to himself hath said, This is my own, my native land ? Whose heart hath ne'er within him burned, As home his footsteps he hath turned, From wandering on a foreign strand...
Page 264 - There may be good policy in retaliations of this kind, when there is a probability that they will procure the repeal of the high duties or prohibitions complained of. The recovery of a great foreign market will generally more than compensate the transitory inconveniency of paying dearer during a short time for some sorts of goods.
Page 134 - The poverty of the incapable, the distresses that come upon the imprudent, the starvation of the idle, and those shoulderings aside of the weak by the strong, which leave so many "in shallows and in miseries," are the decrees of a large, far-seeing benevolence.
Page xvii - For words are wise men's counters, they do but reckon by them ; but they are the money of fools...
Page 65 - ... and in wrong or no definitions lies the first abuse, from which proceed all false and senseless tenets, which make those men that take their instruction from the authority of books and not from their own meditation to be as much below the condition of ignorant men as men endued with true science are above it.
Page 263 - The case in which it may sometimes be a matter of deliberation, how far, or in what manner it is proper to restore the free importation of foreign goods, after it has been for some time interrupted, is, when particular manufactures, by means of high duties or prohibitions upon all foreign goods which can come into competition with them, have been so far extended as to employ...
Page 264 - To judge whether such retaliations are likely to produce such an effect, does not perhaps, belong so much to the science of a legislator, whose deliberations ought to be governed by general principles which are always the same, as to the skill of that insidious .and crafty animal, vulgarly called a statesman or politician, whose councils are directed by the momentary fluctuations of affairs.
Page xli - A very poor man may be said, in some sense, to have a demand for a coach and six ; he might like to have it ; but his demand is not an effectual demand, as the commodity can never be brought to market in order to satisfy it.
Page 261 - If any of the provinces of the British empire cannot be made to contribute towards the support of the whole empire, it is surely time that Great Britain should free herself from the expense of defending those provinces in time of war, and of supporting any part of their civil or : military establishments in time of peace, and ,' endeavour to accommodate her future views/ and designs to the real mediocrity of her circumstances.
Page 135 - It seems hard that a labourer incapacitated by sickness from competing with his stronger fellows, should have to bear the resulting privations. It seems hard that widows and orphans should be left to struggle for life or death. Nevertheless, when regarded not separately, but in connection with the interests of universal humanity, these harsh fatalities are seen to be full of the highest beneficence — the same beneficence which brings to early graves the children of diseased parents, and singles...