The History of Economics

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Bliss, Sands and Company, 1896 - Всего страниц: 690

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Стр. 13 - Now, we simply place these extracts before our readers, and ask—Is it not astonishing that they should proceed from the same writer, who enjoys a reputation as a logician? "Can such things be, And overcome us like a summer's cloud, Without our special wonder?
Стр. 163 - Bacon—" Man, the servant and interpreter of Nature, can do and understand so much, and so much only, as he has observed in fact or in thought of the course of Nature," and " neither the naked hand nor the understanding left to itself can do much. It is by
Стр. 551 - A man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life." Surely, therefore, those men who can produce those sciences, knowledge, and amusements, which Smith acknowledges to be wealth, are productive labourers. Accordingly, JB Say extended the term Productive to include all labour which
Стр. 240 - employed by all the members of a great society must bear a certain proportion to the whole Capital of that society, and never can exceed that proportion. No regulation of commerce can increase the quantity of industry in any society beyond what its Capital can maintain." To this we may observe that Smith
Стр. 685 - Smith says—"The Property which every man has in his own Labour, as it is the original foundation of all other property, so it is the most sacred and inviolable." Now a person may sell the Right to demand some
Стр. 548 - restored. A man grows rich by employing a multitude of manufacturers; he grows poor by maintaining a multitude of menial servants. The labour of the latter. however, has its value, and deserves its reward, as well as that of the former; but the labour of the manufacturer fixes and realize itself in some vendible commodity,
Стр. 548 - There is one sort of labour which adds to the value of the subject upon which it is bestowed ; there is another which has no such effect. The former, as it produce a value, may be called productive, the latter, unproductive labour. Thus the labour of a
Стр. 476 - acquired and useful abilities of all the inhabitants or members of the society. The acquisition of such Talents, by the maintenance of the acquirer during his education, study, or apprenticeship, always costs a real expense, which is a Capital fixed and realised as it were in his person. These Talents, as they make part of his Fortune, so
Стр. 33 - we affirm or what deny, and call Our knowledge or opinion ; then retires Into her private cell, when Nature rests. Oft in her absence mimic Fancy wakes To imitate her ; but, misjoining shapes, Wild work produces oft—
Стр. 33 - Know that in the soul Are many lesser faculties that serve REASON as chief; among these Fancy next Her office holds ; of all external things, Which the five watchful senses represent, She forms imaginations,

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