If, in consequence of our skill in manufactures, any given portion of our labor and capital can, by working up cloth, obtain from Poland a thousand quarters of wheat, while it could raise, from our own soil, only nine hundred ; then, even on the agricultural... An Essay on the External Corn Trade - Page 334by Robert Torrens - 1826 - 416 pagesFull view - About this book
 | Great Britain - 1826 - 1126 pages
...Mr. Torrens says, " If, in consequence of our skill in manufactures, any given portion of our labor and capital can, by working up cloth, obtain from...agricultural theory, we must increase our wealth by beiiicr, to this extent, a manufacturing rather than an agricultural people." How extraordinary that... | |
 | Abraham John Valpy - Great Britain - 1826 - 596 pages
...exchanged its customers — rich customers of England, for poor ones of Poland. 12. Mr. Torrens says, '« If, in consequence of our skill in manufactures, any given portion of our labor and capital can, by working up cloth, obtain from Poland a thousand quarters of wheat, while... | |
 | Economics - 1911 - 704 pages
...Physiocratio doctrine and, in controverting the theory as to the sole productivity of agriculture, says : "If, in consequence of our skill in manufactures,...from Poland a thousand quarters of wheat, while it can raise, from their own soil, only nine hundred; then, even on the agricultural theory, we must increase... | |
 | Bernard Semmel - History - 2004 - 266 pages
...anticipatmg Ricardo, set forth the law of comparative advantage. If, because of British manufacturing skill, 'any given portion of our labour and capital can,...manufacturing, rather than an agricultural people ' . Our manufactures would, in this fashion, have increased the wealth of England, and have given England... | |
 | John Cunningham Wood - Economics - 1991 - 686 pages
...Physiocratic doctrine and, in controverting the theory as to the sole productivity of agriculture, says: "If, in consequence of our skill in manufactures,...from Poland a thousand quarters of wheat, while it can raise, from their own soil, only nine hundred; then, even on the agricultural theory, we must increase... | |
 | Robert William Dimand - Balance of payments - 2004 - 540 pages
...of comparison was made by Torrens in the External Corn Trade (1815, pp. 221-2; 1826, p. 334): "If. . .any given portion of our labour and capital can,...raise, from our own soil, only nine hundred ; then ... we must increase our wealth by being, to this extent, a manufacturing, rather than an agricultural... | |
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