Principles of the Economic Philosophy of Society, Government, and Industry: With an Introd. for the Garland Ed

Front Cover
Cassell, 1888 - Economics - 782 pages
 

Other editions - View all

Common terms and phrases

Popular passages

Page 452 - The certainty of what each individual ought to pay is, in taxation, a matter of so great importance, that a very considerable degree of inequality, it appears, I believe, from the experience of all nations, is not near so great an evil as a very small degree of uncertainty.
Page 455 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.
Page 548 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Page 354 - The substitution of paper in the room of gold and silver money, replaces a very expensive instrument of commerce with one much less costly, and sometimes equally convenient. Circulation comes to be carried on by a new wheel, which it costs less both to erect and to maintain than the old one.
Page 130 - ... all men are created equal; and are endowed by their Creator with certain inalienable rights; and that among these are, life, liberty, and the pursuit of happiness...
Page 292 - The ordinance has been well described as having been a pillar of cloud by day and of fire by night in the settlement and government of the Northwestern States.
Page 237 - On the common principles of supply and demand, no rent could be paid for such land, for the reason stated why nothing is given for the use of air and water, or for any other of the gifts of nature which exist in boundless quantity.
Page 237 - On the first settling of a country in which there is an abundance of rich and fertile land, a very small proportion of which is required to be cultivated for the support of the actual population, or indeed can be cultivated with the capital which the population can command, there will be no rent...
Page 380 - In short, sir, we have been too long subject to the policy of British merchants. It is time that we should become a little more Americanized; and instead of feeding the paupers and laborers of England feed our own, or else in a short time by continuing our present policy we shall all be rendered paupers ourselves.
Page 237 - Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.

Bibliographic information