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The law of production from the soil, a law of diminishing return in proportion to the
increased application of labour and capital, 230 3. Antagonist principle to the law
of diminishing return ; the progress of improvements in production, .
We really, and justly, look upon a person as possessing the advantages of wealth
, not in proportion to the useful and agreeable things of which he is in the actual
enjoyment, but to his command over the general fund of things useful and ...
Under the regime in question, though the bulk of the population are ill provided
for, the government, by collecting small sums from great numbers, is enabled,
with any tolerable management, to make a show of riches quite out of proportion
Gold and jewels, therefore, constitute a large proportion of the wealth of these
nations, and many a rich Asiatic carries nearly his whole fortune on his person, or
on those of the women of his harem. No one, except the monarch, thinks of ...
As these were a saving class, while the posterity of the feudal aristocracy were a
squandering class, the former by degrees substituted themselves for the latter as
the owners of a great proportion of the land. This natural tendency was in some ...
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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