The Premises of Free Trade ExaminedJ. Wilson and son, 1881 - 36 páginas |
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Página 4
... ment to industry here as he would give were he to consume nothing not directly produced among us . The Portuguese do not send us a single bottle of port , without our sending to them , or to those to whom they are indebted , its worth ...
... ment to industry here as he would give were he to consume nothing not directly produced among us . The Portuguese do not send us a single bottle of port , without our sending to them , or to those to whom they are indebted , its worth ...
Página 11
... ment by any particular person does not bear a certain propor- tion to his capital . When the market for his products is dull , a large part of his capital is locked up in unsold goods ; he must then lessen his production and dismiss ...
... ment by any particular person does not bear a certain propor- tion to his capital . When the market for his products is dull , a large part of his capital is locked up in unsold goods ; he must then lessen his production and dismiss ...
Página 13
... become possible to form a rational opinion as to how far any industrial move- ment can be pushed without bringing on a scarcity of floating capital and a stringency in the money market . - - - 66 But , meanwhile , it is something to have ...
... become possible to form a rational opinion as to how far any industrial move- ment can be pushed without bringing on a scarcity of floating capital and a stringency in the money market . - - - 66 But , meanwhile , it is something to have ...
Página 18
... ment to probably about the same quantity of labor which it employs in its new occupation . " Here the cat jumps out of the bag , and we see how Mr. Mill made out his proposition , which he called invulnerable . He translates his ...
... ment to probably about the same quantity of labor which it employs in its new occupation . " Here the cat jumps out of the bag , and we see how Mr. Mill made out his proposition , which he called invulnerable . He translates his ...
Página 24
... ment in the opposite direction now going on . When the community is fully employed , the gross annual product is large there is much to divide , and wages and profits advance together . When a portion of the community is dismissed into ...
... ment in the opposite direction now going on . When the community is fully employed , the gross annual product is large there is much to divide , and wages and profits advance together . When a portion of the community is dismissed into ...
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absurd Adam Smith advantage aggregate annual product argues argument Bastiat bricklayers British bushels of wheat capi coal conclusion consume consumption deductive Deductive reasoning demand for commodities demand for labor diminished diminution doctrine Dublin duction economist employ England English entitled Some Leading equal error exchangeable value existence fact fallacy field of employment fixed capital floating capital foreign trade francs free-trade French products French silks funds hats income increase interests Ireland Irish J. S. Mill John Stuart Mill landlords logic manufactured products mechanical and manufacturing ment MORRILL Tariff nation never can exceed obtain ourselves paragraph political economy portion premises Professor Cairnes Professor Cairnes's profits promote abundance proposition protectionist protective law quantity railroads raw produce real wages says society Sophisms steamship stock of commodities sufficiently supply suppose supposition surplus stock syllogism tariff things tion unem unemployed capital United venerable blunders whole wine