Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 1Appleton, 1923 |
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Сторінка 10
... diminishing return in proportion to the increased application of labour and capital , · · • · 3. Antagonist principle to the law of diminishing return ; the progress of improvements in production , • 229 230 235 CHAPTER XIII ...
... diminishing return in proportion to the increased application of labour and capital , · · • · 3. Antagonist principle to the law of diminishing return ; the progress of improvements in production , • 229 230 235 CHAPTER XIII ...
Сторінка 77
... diminishes , cæteris pari- bus , its stock of material products ; by the latter , it in- creases them . Unproductive may be as useful as productive labour ; i may be more useful , even in point of permanent UNPRODUCTIVE LABOUR . 77.
... diminishes , cæteris pari- bus , its stock of material products ; by the latter , it in- creases them . Unproductive may be as useful as productive labour ; i may be more useful , even in point of permanent UNPRODUCTIVE LABOUR . 77.
Сторінка 93
... diminished . The breach in the capital of the country was made when the govern- ment spent A's money whereby a value of ten thousand pounds was withdrawn or withheld from productive employ- ment , placed in the fund for unproductive ...
... diminished . The breach in the capital of the country was made when the govern- ment spent A's money whereby a value of ten thousand pounds was withdrawn or withheld from productive employ- ment , placed in the fund for unproductive ...
Сторінка 106
... diminished , but the subsistence and instruments which are the means of such employment do actually exist in smaller ... diminish the detriment caused to the general wealth by the prodigality of individuals , or raise up a compensation ...
... diminished , but the subsistence and instruments which are the means of such employment do actually exist in smaller ... diminish the detriment caused to the general wealth by the prodigality of individuals , or raise up a compensation ...
Сторінка 107
... diminished his purchases in some other quarter to balance the augmentation in this ; he has perhaps called in funds employed in sustaining productive labour , and the dealers in subsistence and in the instru- ments of production have ...
... diminished his purchases in some other quarter to balance the augmentation in this ; he has perhaps called in funds employed in sustaining productive labour , and the dealers in subsistence and in the instru- ments of production have ...
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Adam Smith advantage agricultural amount applied capital capitalist causes circulating capital competition condition considerable consumed consumption cultivation dealers demand diminished division of labour duced duction ductive effect employment England equal equivalent exertion exist expense farmer farms favourable flax France funds greater human hundred quarters ical improvement income increase individual industry instruments instruments of production Ireland kind labour employed labouring classes land landlord less limited maintain mankind manufacture manure material means ment metayer mode nations natural agents necessary objects obtained occupation operations paid peasant persons plough Political Economy population portion possession present principle productive consumers productive labour productive power profit proportion proprietors purpose quantity rate of profit remuneration render rent saving society soil subsistence sufficient supply suppose surplus taxes things thousand pounds tion unless unproductive wages wants wealth whole