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Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills book credits bullion capitalists cause cheaper cheapness circulation circumstances coin commerce consequence consumers corn corn laws cost of labor cost of production currency dealers debt demand depend depreciation diminished duction effect employed employment enable England equal equivalent exchange value exist expense exports fall favor France Germany greater imports improvement income industry issue issuers labor and capital land landlords law of value less loans lower manufacture means ment mode modities necessary obtain paid paper payment persons Poland population portion precious metals principle produce proportion purchase quantity raise rate of interest rate of profit rent rise of prices saving seignorage sell speculation sumers supply suppose supposition taxation things tion trade transactions value of money wealth whole yards of cloth yards of linen
Сторінка 313 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes.
Сторінка 310 - I confess I am not charmed with the ideal of life held out by those who think that the normal state of human beings is that of struggling to get on; that the trampling, crushing, elbowing, and treading on each other's heels, which form the existing type of social life, are the most desirable lot of human kind, or anything but the disagreeable symptoms of one of the phases of industrial progress.
Сторінка 346 - Every tax ought to be levied at the time, or in the manner in which it is most likely to be convenient for the contributor to pay it.
Сторінка 230 - Our West Indian colonies, for example, cannot be regarded as countries with a productive capital of their own... [but are, rather,] the place where England finds it convenient to carry on the production of sugar, coffee and a few other tropical commodities.
Сторінка 346 - The subjects of every state ought to contribute to 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 121 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it. And it may be said without exaggeration that the great extent and rapid increase of international trade, in being the principal guarantee of the peace of the world, is the great permanent security for the uninterrupted progress of the ideas, the institutions, and the character of the human race.
Сторінка 534 - ... the inexpediency of concentrating in a dominant bureaucracy, all the skill and experience in the management of large interests, and all the power of organized action, existing in the community ; a practice which keeps the citizens in a relation to the government like that of children to their guardians, and is a main cause of the inferior capacity for political life which has hitherto characterized the over-governed countries of the Continent, whether with or without the forms of representative...
Сторінка 319 - The working classes have taken their interests into their own hands, and are perpetually showing that they think the interests of their employers not identical with their own, but opposite to them.
Сторінка 346 - 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 120 - It is hardly possible to overrate the / value, in the present low state of human improvement, of , placing human beings in contact with persons dissimilar to » themselves, and with modes of thought and action unlike those with which they are familiar.