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 71
... commodities , and to exchange all that he produces beyond his consumption with others who in their turn do the same ... commodity ; and , likewise , to ac- quire by the force of habit and undivided attention a high degree of skill in the ...
... commodities , and to exchange all that he produces beyond his consumption with others who in their turn do the same ... commodity ; and , likewise , to ac- quire by the force of habit and undivided attention a high degree of skill in the ...
Page 80
... commodity . The first of these methods of facilitating exchanges is that of credit , the second of money . Both were ... commodities that have been , and in some instances still are , in use as money by different nations , we may ...
... commodity . The first of these methods of facilitating exchanges is that of credit , the second of money . Both were ... commodities that have been , and in some instances still are , in use as money by different nations , we may ...
Page 82
... commodity , for no other purposes than that which their credit , if unques- tionable , would answer equally well . On the other hand , the drawback to the use of credit , as a me➡ dium of exchange , is its insecurity . Every one may ...
... commodity , for no other purposes than that which their credit , if unques- tionable , would answer equally well . On the other hand , the drawback to the use of credit , as a me➡ dium of exchange , is its insecurity . Every one may ...
Page 129
... commodities she did before that epoch , and her non - agricultural population has doubled . These facts tell how much she lost in wealth by the feebleness of the agricultural efforts of the peasantry under the old régime . We repeat ...
... commodities she did before that epoch , and her non - agricultural population has doubled . These facts tell how much she lost in wealth by the feebleness of the agricultural efforts of the peasantry under the old régime . We repeat ...
Page 139
... commodities ; -and is properly designated , as we have already explained , by the term capital . The remaining portion of moveable stock which is not kept for sale , or con- sumed with the view of facilitating further produc- tion - but ...
... commodities ; -and is properly designated , as we have already explained , by the term capital . The remaining portion of moveable stock which is not kept for sale , or con- sumed with the view of facilitating further produc- tion - but ...
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