Principles of Political EconomyGinn, 1919 - 588 páginas |
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Página 19
... able to supply their wants . That is one reason why , as stated earlier in this chapter , the subject of consumption is of such tremendous importance . Necessity of economizing means of production . Thus far in discussing the necessity ...
... able to supply their wants . That is one reason why , as stated earlier in this chapter , the subject of consumption is of such tremendous importance . Necessity of economizing means of production . Thus far in discussing the necessity ...
Página 33
... able to look after them better than Jones can . In such a case it would promote the prosperity of that community of two if Smith would spend a part of his time looking after Jones's interests . However , as soon as Jones recovers from ...
... able to look after them better than Jones can . In such a case it would promote the prosperity of that community of two if Smith would spend a part of his time looking after Jones's interests . However , as soon as Jones recovers from ...
Página 43
... able to do when working alone as individuals . It is really the principle of teamwork applied to business competition . Within the coöperating group , as within the athletic team , competition among members is reduced . But com ...
... able to do when working alone as individuals . It is really the principle of teamwork applied to business competition . Within the coöperating group , as within the athletic team , competition among members is reduced . But com ...
Página 54
... able to sleep at night in confidence that the products of our labor will not disappear before morning . Before we expend too much sympathy on those Chinese farmers , we should consider the condition of the fruit growers , gardeners ...
... able to sleep at night in confidence that the products of our labor will not disappear before morning . Before we expend too much sympathy on those Chinese farmers , we should consider the condition of the fruit growers , gardeners ...
Página 59
... able to do well involve some element of compulsion of the latter kind . Public education will serve as an example . Wher- ever it is a success , there is either compulsory attendance or compulsory payment , or a combination of both . In ...
... able to do well involve some element of compulsion of the latter kind . Public education will serve as an example . Wher- ever it is a success , there is either compulsory attendance or compulsory payment , or a combination of both . In ...
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585 | |
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Palavras e frases frequentes
abundant Adam Smith advantage agriculture amount anarchism animals bank bargaining become better called chapter commodities competition compulsion consumers consumption coöperation cost crop cultivation demand desire division of labor dollars economic energy enterprise exchange fact factors factors of production farm farmer favor Federal Reserve Federal Reserve bank give grade horse human important income increase individual industry interest invest kind land large number law of value less liberalist luxuries machine manufacturing marginal productivity material means moral nation nature necessary nitrogen owner person plow possess problem profits proportion prosperity purchase quantity reason rent result scarce scarcity sell single tax social society soil spend standard of living sumers sumption sumptuary laws supply surplus taxation things tion transportation United unskilled labor utility wages waste water frame wealth wheat
Passagens conhecidas
Página 61 - By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain; and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Página 474 - By necessaries I understand, not only the commodities which are indispensably necessary for the support of life, but whatever the custom of the country renders it indecent for creditable people, even of the lowest order, to be without.
Página 564 - As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.
Página 121 - A great part of the machines made use of in those manufactures in which labor is most subdivided were originally the inventions of common workmen, who, being each of them employed in some very simple operation, naturally turned their thoughts towards finding out easier and readier methods of performing it.
Página 257 - In the same class must be ranked some both of the gravest and most important, and some of the most frivolous professions; churchmen, lawyers, physicians, men of letters of all kinds ; players, buffoons, musicians, opera singers, opera dancers, &c.
Página 258 - Like the declamation of the actor, the harangue of the orator, or the tune of the musician, the work of all of them perishes in the very instant of its production.
Página 255 - Men of all sorts take a pride to gird at me: the brain of this foolish-compounded clay, man, is not able to invent any thing that tends to laughter, more than I invent, or is invented on me : I am not only witty in myself, but the cause that wit is in other men.
Página 257 - 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 realizes itself in some particular subject or vendible commodity, which lasts for some time at least after that labour is past.
Página 257 - ... is bestowed. But the maintenance of a menial servant never is restored. A man grows rich by employing a multitude of manufacturers; he grows poor by maintaining a multitude of menial servants.
Página 257 - Thus the labour of a manufacturer adds generally to the value of the materials, which he works upon, that of his own maintenance, and of his master's profit. The labour of a menial servant, on the contrary, adds to the value of nothing.