A Treatise on Political Economy, Or, The Production, Distribution, and Consumption of WealthGrigg & Elliot, 1834 - 493 стор. |
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abundance Adam Smith advance advantage agents agriculture AMERICAN EDITOR amount annual assignats balance of trade bank bank of England benefit branch bullion capital cent charge circulation circumstances coin commerce commodities consequently consumed consumption cultivation debt demand derived dollars duction DUGALD STEWART effect employed England equal established Europe exchange exertion expense export favour foreign France gold human important increase individual industry interest kind labour land less livres tournois loss Louis XIV mankind manufacture matter means ment merchant millions nature necessary never object operation paid political economy population portion possession precious metals principles productive agency products consumed profit proportion proprietor purchase quantity ratio reason received rent respect revenue seignorage silver Smith specie subsistence supply supposed taxation thing tion trade unproductive utility wants Wealth of Nations wheat whole yield
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Сторінка 221 - Equal quantities of labour at all times and places may be said to be of equal value to the labourer. In his ordinary state of health, strength and spirits, in the ordinary degree of his skill and dexterity he must always lay down the same portion of his ease, his liberty, and his happiness.
Сторінка 164 - An Act for effecting an arrangement with the East India " Company, and for the better government of his Majesty's Indian territories, " till the thirtieth day of April one thousand eight hundred and fifty-four...
Сторінка lii - It is the great multiplication of the productions of all the different arts, in consequence of the division of labour, which occasions, in a well-governed society, that universal opulence which extends itself to the lowest ranks of the people.
Сторінка 69 - ... the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Сторінка iv - ... binds together, by one common tie of interest and intercourse, the universal society of nations throughout the civilised world.
Сторінка 149 - The statesman who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
Сторінка 149 - No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can only divert a part of it into a direction into which it might not otherwise have gone...
Сторінка 221 - Of these, indeed, it may sometimes purchase a greater and sometimes a smaller quantity; but it is their value which varies, not that of the labour which purchases them.
Сторінка 399 - America, in short, exclusive of those of Maryland and North Carolina, of which no exact account has been got, did not, before the commencement of the present disturbances, cost the inhabitants above £64,700 a year; an ever-memorable example at how small an expense three millions of people may not only be governed, but well governed.
Сторінка iv - Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each. This pursuit of individual advantage is admirably connected with the universal good of the whole. By stimulating industry, by rewarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes labour most effectively and most economically : while, by increasing the general mass of productions, it diffuses general...