The Elements of Political EconomySheldon & Company, 1886 - 408 стор. |
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Загальні терміни та фрази
actual Adam Smith advantage amount bank borrow bring capi capitalists cause cent circulating capital civilized common compensation competition consideration consumed consumption cost currency demand desire diminished direct taxes division of labor duction effect employed employers employment exchange expense farmer favor fixed capital give gold grade of service gratification greater Hence human hundred important increase individual intel invested involves J. S. Mill kind labor and capital land less loan machinery manufacturing means measure ment nations natural agents necessary objects operations ordinary rate owner paid persons Political Economy principles production of wealth productive industry profits proportion prosperity purchase rate of interest remuneration rent respect risk secure silver simple skill society supply supply and demand surplus term things thousand dollars tion trade vidual wants wheat whole
Популярні уривки
Сторінка 250 - 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 250 - A direct tax is one which is demanded from the very persons who, it is intended or desired, should pay it. Indirect taxes are those which are demanded from one person in the expectation and intention that he shall indemnify himself at the expense of another: such as the excise or customs.
Сторінка 249 - 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 138 - Could we suddenly double the productive powers of the country, we should double the supply of commodities in every market, but we should, by the same stroke, double the purchasing power. Everybody would bring a double demand as well as supply : everybody would be able to buy twice as much, because everyone would have twice as much to offer in exchange.
Сторінка 249 - 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 to be clear and plain to the contributor, and to every other person...
Сторінка 47 - It has increased indefinitely the mass of human comforts and enjoyments, and rendered cheap and accessible, all over the world, the materials of wealth and prosperity. It has armed the feeble hand of man, in short, with a power to which no limits can be assigned ; completed the dominion of mind over the most refractory qualities of matter ; and laid a sure foundation for all those future miracles of mechanic power which are to aid and reward the labours of after generations.
Сторінка 169 - This sum is not regarded as unalterable, for it is augmented by saving, and increases with the progress of wealth ; but it is reasoned upon as at any given moment a predetermined amount.
Сторінка 47 - By his admirable contrivance, it has become a thing stupendous alike for its force and its flexibility, for the prodigious power which it can exert, and the ease, and precision, and ductility, with which it can be varied, distributed, and applied. The trunk of an elephant, that can pick up a pin or rend an oak, is as nothing to it.
Сторінка 47 - The trunk of an elephant that can pick up a pin or rend an oak is as nothing to it. It can engrave a seal, and crush masses of obdurate metal...
Сторінка 47 - It is our improved steam engine, that has fought the battles of Europe, and exalted and sustained, through the late tremendous contest, the political greatness of our land. It is the same great power which now enables us to pay the interest of our debt, and to maintain the arduous struggle in which we are still engaged, with the skill and capital of countries less oppressed with taxation.