Principles of political economy, deduced from the natural laws of social welfare, and applied to the present state of BritainLongman, 1833 - 457 pages |
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Page 72
... carried in some countries to an extraordinary extent ; and its effect in augmenting the general production , and con- sequently the wealth and comforts of all classes , is almost incalculable . Dr. Smith was the first writer who called ...
... carried in some countries to an extraordinary extent ; and its effect in augmenting the general production , and con- sequently the wealth and comforts of all classes , is almost incalculable . Dr. Smith was the first writer who called ...
Page 74
... carry every thing he produces to the place where it is to be consumed ? It is evident that , by these and many other con- trivances , there is not only effected a vast economy of time , but of power likewise , through the division of ...
... carry every thing he produces to the place where it is to be consumed ? It is evident that , by these and many other con- trivances , there is not only effected a vast economy of time , but of power likewise , through the division of ...
Page 75
... carried to so great an extent as in that of watch - making . In an examination before a committee of the House of Commons , it was stated , that there are a hundred and two dis- > tinct branches of this art , to each of which a boy may ...
... carried to so great an extent as in that of watch - making . In an examination before a committee of the House of Commons , it was stated , that there are a hundred and two dis- > tinct branches of this art , to each of which a boy may ...
Page 80
... , and so much esteemed ( that is , of such great intrinsic value ) , that small portions of them , easy to be carried about ( more especially of the two MONEY - COIN - CREDIT . 81 precious metals ) 80 POLITICAL ECONOMY .
... , and so much esteemed ( that is , of such great intrinsic value ) , that small portions of them , easy to be carried about ( more especially of the two MONEY - COIN - CREDIT . 81 precious metals ) 80 POLITICAL ECONOMY .
Page 83
... carried on a much larger amount of business than money , and indeed that , without it , commerce could have made but very little progress , cramped and fettered as it would have been by the disad- vantages incident to the use of ...
... carried on a much larger amount of business than money , and indeed that , without it , commerce could have made but very little progress , cramped and fettered as it would have been by the disad- vantages incident to the use of ...
Common terms and phrases
accumulated Adam Smith advantages afford agriculture amount arts benefit capital circulating circumstances comforts commerce commodities condition consequently consumed continually corn CORN-LAWS cost cultivation demand division of labour duce duction duties effect employed employment enjoyment equally evils exchange exclusive exertions existence expense extent favourable fertility foreign greater happiness human improvement increase individual industry injury interest invested Ireland labouring class land landlord less likewise limited machinery manufactures ment MIXED MATHEMATICS mode monopoly moral natural justice natural laws natural right necessary numbers object obtain occupation owner parishes parties perhaps persons Political Economy poor poor-law poor-rate population portion possession present principle procure production profit proportion proportionate purchase quantity raw produce rent skill society soil sumers supply surplus surplus labour taxation things tion tithe tivation trade value of money villeins wages wealth