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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
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Adam Smith advantage agricultural amount bushels Cairnes capi capitalist causes Chap circulating capital commodities competition consumed consumption corn corn laws cost of labor cost of production crease cultivation currency demand depends diminishing diminishing returns doctrine duction economists edition effect employed employment England English equal exchange value existing exports foreign France funds given gold Government greater important improvements increase industry interest labor and capital laboring-classes land law of rent laws of value less limited machinery Malthus manufacture means ment Mill natural necessary obtained operations paid payment persons physiocratic Political Economy politique population precious metals Principles of Political productive laborers proportion purchase quantity rate of profit remuneration rent Ricardo rise saving silver social soil subsistence supply suppose theory things tion trade Turgot United unproductive value of money wages wages-fund wants wealth whole Wolowski writers
Сторінка 512 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes. They have increased the comforts of the middle classes.
Сторінка 104 - First, the increase of dexterity in every particular workman ; secondly, the saving of the time which is commonly lost in passing from one species of work to another ; and, lastly, the invention of a great number of machines which facilitate and abridge labor, and enable one man to do the work of many.
Сторінка 590 - apothecary (who has paid £100 for the privilege of putting him to death). His whole property is then taxed from 2 to 10 per cent; besides the probate, large fees arc demanded for burying him in the chancel : his virtues are handed down to posterity on taxed marble, and he is then gathered to his fathers to be taxed no more.
Сторінка 511 - therefore, regard the stationary state of capital and wealth with the unaffected aversion so generally manifested toward it by political economists of the old school. I am inclined to believe that it would be, on the whole, a very considerable improvement on our present condition.
Сторінка 159 - 1 If, therefore, the choice were to be made between Communism with all its chances and the present state of society with all its sufferings and injustices, all the difficulties, great or small, of Communism, would be but as dust in the balance. But, to make the comparison applicable, we must compare Communism at its best with the regime of individual
Сторінка 208 - In a perfectly fair lottery, those who draw the prizes ought to gain all that is lost by those who draw the blanks. In a profession where twenty fail for one that succeeds, that one ought to gain all that should have been gained by the unsuccessful twenty. How extravagant soever the fees
Сторінка 590 - The beardless youth manages his taxed horse with a taxed bridle on a taxed road, and the dying Englishman, pouring his medicine (which has paid 7 per cent) into a spoon (which has paid
Сторінка 590 - earth and the waters under the earth. On everything that comes from abroad or is grown at home. Taxes on raw material. Taxes on every value that is added to it by the industry of man. Taxes on the
Сторінка 293 - can not, in short, be intrinsically a more insignificant thing, in the economy of society, than money ; except in the character of a contrivance for sparing time and labor. It is a machine for doing quickly and commodiously what would be done, though