 | Richard Hildebrand - Money - 1883 - 162 pages
...something to the country." Eicardo, Principles of Political Economy. (Works ed. M c Culloch.) p. 51: ,,capital is that part of the wealth of a country...materials, machinery etc. necessary to give effect to labour." p. 139: ,,ln the form of money this capital is productive of no profit; in the form of materials,... | |
 | Henry George - Economics - 1884 - 476 pages
...note. Bicardo's definition is : " Capital is that part of the wealth of a country which is employee? in production, and consists of food, clothing, tools,...materials, machinery, etc., necessary to give effect to labour." — Principles of Political Economy, Chapter V. This definition, it will be seen, is very... | |
 | Alfred Marshall - Economics - 1890 - 808 pages
...iv.): — "Capital is that part of the wealth of a country which is employed in production and consiste of food, clothing, tools, raw materials, machinery, etc. necessary to give effect to labour." Malthus in his Definition* in Political Economy says : — "Capital is that portion of the... | |
 | Henry George - Economics - 1911 - 594 pages
...may be considered instruments of trade — such as shops, farmhouses, etc.; (3) improvements of land which better fit it for tillage or culture; (4) the...machinery, etc., necessary to give effect to labor." — Prineiplet of Political Economy, Chapter V. This definition, it will be seen, is very different... | |
 | F. U. Laycock - Depressions - 1895 - 418 pages
...above, in spite of his criticisms, the definition of Ricardo sufficiently agrees. Ricardo says :— " Capital is that part of the wealth of a country which...materials, machinery, etc., necessary to give effect to labour." Mill says :— " What capital does for labour is to afford the shelter, protection, tools... | |
 | David Ricardo - Economics - 1895 - 166 pages
...gradual and constant, the demand for labour may give a continued stimulus to an increase of people. Capital is that part of the wealth of a country which...materials, machinery, etc., necessary to give effect to labour. Capital may increase in quantity at the same time that its value rises. An addition may be... | |
 | Economics - 1896 - 704 pages
...afford him this revenue is called his capital.' Wealth of Nations, Book II., Chapter i. RICARDO : — ' Capital is that part of the wealth of a country which...materials, machinery, etc., necessary to give effect to labour.' Principles of Political Economy, § 97. SENIOR : — ' [Capital is] an article of wealth,... | |
 | Economics - 1896 - 756 pages
...afford him this revenue is called his capital.' Wealth of Nations, Book II., Chapter i. ItiCARDO : — ' Capital is that part of the wealth of a country which...materials, machinery, etc., necessary to give effect to labour.' Principles of Political Economy, § 37. SENIOR : — ' [Capital is] an article of wealth,... | |
 | James Allman - Allegories - 1901 - 144 pages
...production.' "David Ricardo, in his Principles of Political Economy, Chapter V, defines capital thus: 'Capital is that part of the wealth of a country which...machinery, etc., necessary to give effect to labor. ' Now, we have just seen how wealth, ie, all articles of use or luxury, is made. Any article of use... | |
 | David Ricardo - Economics - 1903 - 946 pages
...gradual and constant, the (. demand for labour may give a continued stimulus to an increase of people. Capital is that part of the wealth of a country which...materials, machinery, etc., necessary to give effect to labour.1 Capital may increase in quantity at the same time that its value rises. An addition may be... | |
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Capital is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to give effect to labor."— Principles of Political Economy, Chapter V. 
