American Political Economy: Including Stricures on the Management of the Currency and the Finances Since 1861, with a Chart Showing the Fluctuations in the Price of GoldC. Scribner's Sons, 1890 - 495 стор. |
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Сторінка 2
... eat it ; though the former is devoured at once , and there is an end of it , while the latter may remain in daily use for years . ears . competition regularly tends to bring wages , profits , and 2 WEALTH AND ITS TRANSMUTATIONS .
... eat it ; though the former is devoured at once , and there is an end of it , while the latter may remain in daily use for years . ears . competition regularly tends to bring wages , profits , and 2 WEALTH AND ITS TRANSMUTATIONS .
Сторінка 3
... former being often more short - lived than the latter . Tools and machinery wear out ; houses and other buildings need constant repair , and , at stated intervals , must be wholly renewed . Hardly anything but the solid land itself ...
... former being often more short - lived than the latter . Tools and machinery wear out ; houses and other buildings need constant repair , and , at stated intervals , must be wholly renewed . Hardly anything but the solid land itself ...
Сторінка 5
... former amount of production . If there is as much of food left to them , or of valuables to buy food , as enables them , by any amount of privation , to remain alive and in working condition , they will , in a short time , have raised ...
... former amount of production . If there is as much of food left to them , or of valuables to buy food , as enables them , by any amount of privation , to remain alive and in working condition , they will , in a short time , have raised ...
Сторінка 33
... former articles are made , but which , in their present shape , are not fitted for our immediate gratification or support . These last possess only a kind of Secondary or derivative value , as they are prized , not for their own sake ...
... former articles are made , but which , in their present shape , are not fitted for our immediate gratification or support . These last possess only a kind of Secondary or derivative value , as they are prized , not for their own sake ...
Сторінка 34
... former and their present cost ? The difficulty of obtaining these commodities is diminished , the labor required to overcome that difficulty is con- sequently lessened , and therefore , according to the principles al- ready laid down ...
... former and their present cost ? The difficulty of obtaining these commodities is diminished , the labor required to overcome that difficulty is con- sequently lessened , and therefore , according to the principles al- ready laid down ...
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accumulation Adam Smith advantage aggregate agriculture American amount annual average Bank of England bank-bills banks bills bills of exchange borrowed capital capitalists cause cent Circulating Capital circulation civilized coin commerce commodities consequence consumed consumption cost created currency demand Deposits depreciation diminished distribution dollars effect employed employment England English equal evil exchange exports flour foreign funds gold greater hand income increase industry investment issue J. S. Mill labor land legal tender less loans manufactures means ment merchant millions natural nearly necessary needed obtain old State banks operations paid Paper Money payment persons population portion pound sterling precious metals production proportion purchase quantity rate of interest rate of Profit received Rent revenue savings says sell silver specie supply taxation tion trade Treasury United value of money Wages wants wealth whole
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Сторінка 312 - And the children of Israel did so and gathered, some more, some less. And when they did mete it with an omer, he that gathered much had nothing over, and he that gathered little had no lack; they gathered every man according to his eating.
Сторінка 491 - 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...
Сторінка 335 - ... no State shall coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts.
Сторінка 427 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Сторінка 494 - The superiority of one country over another in a branch of production, often arises only from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority of acquired skill and experience.
Сторінка 427 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Сторінка 108 - The laws and conditions of the production of wealth, partake of the character of physical truths. There is nothing optional, or arbitrary in them. Whatever mankind produce, must be produced in the modes, and under the conditions, imposed by the constitution of external things, and by the inherent properties of their own bodily and mental structure.
Сторінка 427 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Сторінка 218 - When the stocks of many rich merchants are turned into the same trade, their mutual competition naturally tends to lower its profit; and when there is a like increase of stock in all the different trades carried on in the same society, the same competition must produce the same effect in them all.
Сторінка 491 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.