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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 labour. "
On the Principles of Political Economy, and Taxation - Page 327
by David Ricardo - 1821 - 538 pages
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Die Theorie des Geldes: kritische Untersuchungen

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 which is employed in production and consists of food, clothing, tools, raw materials, machinery etc. necessary to give...
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Progress and Poverty: An Inquiry Into the Cause of Industrial Depressions ...

Henry George - Economics - 1884 - 476 pages
...distinction of which it is not necessary to our purpose to take any 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, raw materials, machinery, etc., necessary...
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The Works of David Ricardo

David Ricardo, John Ramsay McCulloch - Economics - 1886 - 688 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 is employed in production, and consists of food, clothing, tools, raw materials, machinery, &c., necessary to give...
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Labor, Capital and Money: Their Just Relations

Cyrus C. Camp - Economics - 1888 - 272 pages
...distinction of which it is not necessary to our purpose to take any note." Ricardo's definition is : "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...
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Principles of Economics, Volume 1

Alfred Marshall - Economics - 1890 - 808 pages
...suggest the individual point of view. Ricardo says, Principles of Political Economy, Ch. 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...
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The Complete Works of Henry George: perplexed philosopher [Herbert Spencer

Henry George - Economics - 1911 - 594 pages
...distinction of which it is not necessary to our purpose to take any note. Ricardo's definition is: " 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...
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An Introduction to English Economic History and Theory, Volume 1

William James Ashley - England - 1893 - 524 pages
...the distinctive marks of capital as it is known to the business world. " Capital," says Ricardo, " is that part of the wealth of a country which is employed in production, and consists of food, clothing, tools, raw material, machinery, etc., necessary to give...
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The First Six Chapters of the Principles of Political Economy and Taxation ...

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 is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to...
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Economics and Socialism: A Demonstration of the Cause and Cure of Trade ...

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 is employed in production, and consists of food, clothing, tools, raw materials, machinery, etc., necessary to...
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The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volume 6

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 is employed in production and consists of food, clothing, tools, raw materials, machinery, etc., necessary to give...
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