Principles of Political EconomyGinn, 1919 - 588 páginas |
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Página 3
... sense . This choosing of what one will have takes on many and various forms . It may be a question as between play and work or between different kinds of work , different kinds of play , or different objects which one might purchase ...
... sense . This choosing of what one will have takes on many and various forms . It may be a question as between play and work or between different kinds of work , different kinds of play , or different objects which one might purchase ...
Página 5
... sense convertible into goods and commodities ; that is , into the products of industry which are the means of satisfying our desires . Therefore , when we say that we cannot afford a certain article , we mean very much the same thing ...
... sense convertible into goods and commodities ; that is , into the products of industry which are the means of satisfying our desires . Therefore , when we say that we cannot afford a certain article , we mean very much the same thing ...
Página 7
... sense , as we shall see a little later , that is what constitutes the income and expenditure of the people as a whole . Individuals may buy and sell among themselves , but the people as a whole consume their own products . In recent ...
... sense , as we shall see a little later , that is what constitutes the income and expenditure of the people as a whole . Individuals may buy and sell among themselves , but the people as a whole consume their own products . In recent ...
Página 9
... sense , studying private economics ; but since the king was a public functionary , deriving much of his revenue from taxation and other public sources and perform- ing many of the acts of government , these finance ministers were , in ...
... sense , studying private economics ; but since the king was a public functionary , deriving much of his revenue from taxation and other public sources and perform- ing many of the acts of government , these finance ministers were , in ...
Página 12
... sense are the things that are scarce . More accurately , perhaps , we should say that the only things we try to produce are the things of which we do not have enough . It may sound a little queer at first for one to say that his income ...
... sense are the things that are scarce . More accurately , perhaps , we should say that the only things we try to produce are the things of which we do not have enough . It may sound a little queer at first for one to say that his income ...
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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.