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addition advances advantage agricultural amount bank notes bankers become benefit bills bullion called capital carried cause cheapness circulation circumstances cloth coin commodities condition consequence considered consumers continue cost of production currency debt demand depend desire diminished effect employed employment enable England equal equivalent exchange exist expense exports extent fall foreign France gain Germany give given gold greater hands imports improvement income increase industry interest issues labour land least less limit linen loans lower manner means metals millions natural necessary obtain operations paid payments period permanent persons population portion present principle produce profit progress proportion purchase quantity raise receive rent rise savings sell silver speculation sufficient supply suppose theory things tion trade usual wages wanted whole yards
Сторінка 395 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.
Сторінка 135 - It is hardly possible to overrate the value, in the present low state of human improvement, of placing human beings in contact with persons dissimilar to themselves, and with modes of thought and action unlike those with which they are familiar.
Сторінка 538 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Сторінка 569 - Laisser-faire, in short, should be the general practice: every departure from it, unless required by some great good, is a certain evil.
Сторінка 189 - Gold and silver having been chosen for the general medium of circulation, they are, by the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural traffic which would take place if no such metals existed, and the trade between countries were purely a trade of barter.
Сторінка 394 - The subjects of every state ought to contribute to the support of the government, as nearly as possible in proportion to their respective abilities : that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Сторінка 310 - As the colony increases, the profits of stock gradually diminish. When the most fertile and best situated lands have been all occupied, less profit can be made by the cultivation of what is inferior both in soil and situation, and less interest can be afforded for the stock which is so employed.
Сторінка 340 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being.
Сторінка 358 - The form of association, however, which if mankind continue to improve, must be expected in the end to predominate, is not that which can exist between a capitalist as chief, and work-people without a voice in the management, but the association of the labourers themselves on terms of equality, collectively owning the capital with which they carry on their operations, and working under managers elected and removable by themselves.
Сторінка 23 - There cannot, 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 less quickly and commodiously, without it: and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order.