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Influence of the Progress of Industry and Population on Values and Prices. § 1.
Tendency to a decline of the value and cost of production of all commodities, - - -
- - - - 2. – except the products of agriculture and mining, which have a tendency to
Influence of the Progress of Industry and Population on Rents, Profits, and Wages
. § 1. First case; population increasing, capital stationary, . . 290 . 2. Second case;
capital increasing, population stationary, . 294 8. Third case; population and ...
Probable effects of improved intelligence in causing a better adjustment of
population—Would be promoted by the social independence of women, - - - - 4.
Tendency of society towards the disuse of the relation of hiring and service, - - - -
- 349 .
The cause of this decline of profit is the increased cost of maintaining labour,
which results from an increase of population and of the demand for food,
outstripping the advance of agricultural improvement. This important feature in
This we now know to be an error: corn tends to rise in cost of production with
every increase of population, and to fall with every improvement in agriculture,
either in the country itself, or in any foreign country from which it draws a portion
of its ...
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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