Principles of Political EconomyGinn, 1919 - 588 páginas |
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Página 4
... facts of life ; namely , the great and ever - present fact of scarcity . It is this fact which compels us to economize , which compels us to make our limited fund of energy and our limited time go as far as they will . To waste time or ...
... facts of life ; namely , the great and ever - present fact of scarcity . It is this fact which compels us to economize , which compels us to make our limited fund of energy and our limited time go as far as they will . To waste time or ...
Página 5
... fact that it is necessary to economize , to choose what we will do with our limited energy or our limited- money to the exclusion of other things . The fact that time and energy are insufficient to enable us to do everything that we ...
... fact that it is necessary to economize , to choose what we will do with our limited energy or our limited- money to the exclusion of other things . The fact that time and energy are insufficient to enable us to do everything that we ...
Página 7
... fact , it was the kind of rural household that some men now living can still remember , where nearly everything consumed in the household was produced on the farm , so that there was com- paratively little buying and selling . In such a ...
... fact , it was the kind of rural household that some men now living can still remember , where nearly everything consumed in the household was produced on the farm , so that there was com- paratively little buying and selling . In such a ...
Página 12
... fact of scarcity , it might have been guessed at once that the things that make up one's income in a strictly economic sense are the things that are scarce . More accurately , perhaps , we should say that the only things we try to ...
... fact of scarcity , it might have been guessed at once that the things that make up one's income in a strictly economic sense are the things that are scarce . More accurately , perhaps , we should say that the only things we try to ...
Página 15
... fact , water , like a great many other things , is sometimes too abundant , so abundant that men find it to their advantage to go to considerable pains in order to get rid of some of it or to lessen the supply . In such cases it may be ...
... fact , water , like a great many other things , is sometimes too abundant , so abundant that men find it to their advantage to go to considerable pains in order to get rid of some of it or to lessen the supply . In such cases it may be ...
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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.