Capital and Population: A Study of the Economic Effects of Their Relations to Each Other

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Сторінка 156 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Сторінка 156 - But it cannot be expected that individuals should, at their own risk, or rather to their certain loss, introduce a new manufacture, and bear the...
Сторінка 18 - The condition of the class can be bettered in no other way than by altering that proportion to their advantage : and every scheme for their benefit, which does not proceed on this as its foundation, is, for all permanent purposes, a delusion.
Сторінка 222 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it.
Сторінка 20 - While, on the one hand, industry is limited by capital, so on the other, every increase of capital gives, or is capable of giving, additional employment to industry ; and this without assignable limit.
Сторінка 56 - ... the rate of profit is habitually within, as it were, a hand's breadth of the minimum, and the country therefore on the very verge of the stationary state.
Сторінка 53 - It must always have been seen, more or less distinctly, by political economists, that the increase of wealth is not boundless : that at the end of what they term the progressive state lies the \ stationary state, that all progress in wealth is but a postponement •,'!' this, and that each step in advance is an approach to it.

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