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... that is, above the value which is an equivalent for the labour and expense of
mining, and for the risks attending a branch of industry in which nine out of ten
experiments have usually been failures. A part of the mass of floating capital
which is ...
More especially is this the case when, as at the present time, many new sources
of Supply have been simultaneously opened, most of them practicable by labour
alone, without any capital in advance beyond a pickaxe and a week's food, and ...
Every foreign commodity is bought by giving for it some domestic production; and
the labour and capital which a foreign commodity costs to us, is the labour and
capital expended in producing the quantity of our own goods which we give in ...
... should be any need to point out, that credit being only permission to use the
capital of another person, the means of production cannot be increased by it, but
only transferred. If the borrower's means of production and of employing labour ...
Mr. Attwood maintained that a rise of prices produced by an increase of paper
currency, stimulates every producer to his utmost exertions, and brings all the
capital and labour of the country into complete employment; and that this has ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
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