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One principal department of these improvements consists in the invention and
use of tools and machinery. The manner in which these serve to in crease
production and to economize labour, needs not be specially detailed in a work
like the ...
The in- ' crease of production, therefore, depends on the properties of these
elements. It is a result of the increase either of the elements themselves, or of
their productiveness. The law of the increase of production must be a
consequence of ...
... except on more onerous conditions ; there are two expedients by which it may
hope to mitigate that disagreeable necessity, even though no change should take
place in the habits of the people with respect to their rate of in- crease. One of ...
Omitting the occasional elements; things which admit of indefinite in. crease,
naturally and permanently exchange for each other according to the comparative
amount of wages which must be paid for producing them, and the comparative ...
crease of cheapness produces an exactly proportional increase of consumption :
or, in other words, that the vaiuo expended in the commodity, the cost incurred for
the sake of obtaining it, is always the same, whether that cost affords a greater ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю