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acres Adam Smith advantage agricultural amount Arthur Young capital capitalist cause circulating capital circumstances competition condition considerable consumed consumption cost cottier cultivation degree demand depends diminished division of labour duction effect employed employment enable England English equal exertion exist expense extent farmer farms favourable fertility fixed France funds greater habits human hundred quarters improvement increase individual industry interest Ireland kind labouring class land landlord less limited maize manufacture manure marriage materials means ment metayer mode necessary obtained occupation operations paid peasant peasant proprietors permanent persons political economy Poor Law population portion possession present principle produce productive labourers proportion qu'il quantity rate of profit remuneration render rent saving says Sismondi skill society soil subsistence sufficient supply suppose surplus tenant things tion trade unproductive wages wealth whole workmen yield
Сторінка 355 - Give a man the secure possession of a bleak rock, and he will turn it into a garden ; give him a nine years' lease of a garden, and he will convert it into a desert.
Сторінка 267 - ... as the work grows harder and more disagreeable, until the most fatiguing , and exhausting bodily labour cannot count with certainty on being able to earn even the necessaries of life ; if this, or ! Communism, were the alternative, all the difficulties, great or small, of Communism, would be bat as dust in the balance.
Сторінка 528 - Happily, there is nothing in the laws of Value which remains for the present or any future writer to clear up; the theory of the subject is complete...
Сторінка 468 - ... all the different workmen in any common trade, such as that of shoemakers or weavers, and you will find that the former sum will generally exceed the latter. But make the same computation with regard to all the counsellors and students of law, in all the different inns of court, and you will find that their annual gains bear but a very small proportion to their annual expense, even though you rate the former as high and the latter as low as can well be done.
Сторінка 306 - This is partly intelligible, if we consider that only through the principle of competition has political economy any pretension to the character of a science.
Сторінка 109 - There is nothing at all wonderful in the matter. What the enemy have destroyed, would have been destroyed in a little time by the inhabitants themselves: the wealth which they so rapidly reproduce, would have needed to be reproduced and would have been reproduced in any case, and probably in as short a time.
Сторінка 487 - As the wages of the labourer are the remuneration of labour, so the profits of the capitalist are properly, according to Mr. Senior's well-chosen expression, the remuneration of abstinence. They are what he gains by forbearing to consume his capital for his own uses, and allowing it to be consumed by productive labourers for their uses. For this forbearance he requires a recompense.
Сторінка 5 - Nations" is in many parts obsolete, and in all, imperfect. Political Economy, properly so called, has grown up almost from infancy since the time of Adam Smith : and the philosophy of society, from which practically that eminent thinker never separated his more peculiar theme, though still in a very early stage of its progress, has advanced many steps beyond the point at which he left it. No attempt, however, has yet been made to combine his practical mode of treating his subject with the increased...
Сторінка 553 - Butin all things which admit of indefinite multiplication, demand and supply only determine the perturbations of value, during a period which cannot exceed the length of time necessary for altering the supply. "While thus ruling the oscillations of value, they themselves obey a superior force, which makes value gravitate towards Cost of Production...