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" The two extremes are obvious; and it follows that there must be some intermediate point. though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce and the will to consume, the... "
Free Trade and the League: A Biographic History of the Pioneers of Freedom ... - Page 164
by Alexander Somerville - 1853
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Principles of Political Economy Considered with a View to Their Practical ...

Thomas Robert Malthus - Economics - 1821 - 482 pages
...intermediate point. though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...ever for a moment doubted that the division of such * Book IV. c. iii. y. 250. immense tracts of land as were formerly in possession of rhe great feudal...
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Questions in Political Economy, Politics, Morals, Metaphysics, Polite ...

Samuel Bailey - Economics - 1823 - 424 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest." p. 8 and 9. The reader will find some curious speculations, connected with the subject before us, in...
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The Standard Library Cyclopaedia of Political, Constitutional ..., Volume 4

Economics - 1853 - 498 pages
...If every person was satisfied with the simplest food, the poorest clothing, and the meanest houses, it is certain that no other sort of food, clothing,...of land as were formerly in possession of the great fendal proprietors must be favourable to industry and production. It is equally difficult to doubt...
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Plutology ; Or, The Theory of the Efforts to Satisfy Human Wants

William Edward Hearn - Distribution (Economic theory) - 1863 - 500 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, when, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest." We may now perhaps attempt to ascertain this intermediate point with somewhat more precision than without...
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Issues in Contemporary Macroeconomics and Distribution

George R. Feiwel - Business & Economics - 1985 - 512 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where taking into consideration both the power to produce...consume, the encouragement to the increase of wealth is greatest (Malthus, 1936 [1820], pp. 6-7): inequality of income distribution (in favour of capital)...
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The Collected Scientific Papers of Paul A. Samuelson, Volume 2

Paul Anthony Samuelson - Business & Economics - 1966 - 1062 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where taking into consideration both the power to produce...consume, the encouragement to the increase of wealth is greatest.23 In England the followers of David Ricardo (particularly James Mill and JR McCulloch) made...
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Betting on Ideas: Wars, Invention, Inflation

Reuven Brenner - Business & Economics - 1989 - 266 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest, [quoted by Keynes 1936, p. 363; italics added] Keynes also quotes extensively from Gesell's and Hobson's...
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Theorists of Economic Growth from David Hume to the Present: With a ...

W. W. Rostow - Business & Economics - 1992 - 733 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest. DP O'Brien argues effectively that Malthus's is a post-Keynesian "stock-adjustment" model:56 . . ....
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The Growth of Economic Thought

Henry William Spiegel - Business & Economics - 1991 - 904 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest. In the light of Malthus's remarks about hoarding in the Essay, one might expect him to develop the...
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Labyrinths of Prosperity: Economic Follies, Democratic Remedies

Reuven Brenner - Business & Economics - 1994 - 316 pages
...intermediate point, though the resources of political economy may not be able to ascertain it, where, taking into consideration both the power to produce...encouragement to the increase of wealth is the greatest. (363; italics added) This is the broader context of Keynes's policies. He thought that governments...
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