The Collected Works of Dugald Stewart, Volume 9T. Constable and Company [etc. ], 1856 |
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Página 154
... borrower , and to the risk he runs of losing the principal . In a country , therefore , where there is no commerce , every money - lender who accepts of interest will be regarded in the same odious light in which pawnbrokers are ...
... borrower , and to the risk he runs of losing the principal . In a country , therefore , where there is no commerce , every money - lender who accepts of interest will be regarded in the same odious light in which pawnbrokers are ...
Página 164
... borrower . On the contrary , Mr. Bentham observes , that where the security is good , there will be always found a sufficient number of money - lenders , with whom a disposition to prodigality will operate as a recom- mendation . In ...
... borrower . On the contrary , Mr. Bentham observes , that where the security is good , there will be always found a sufficient number of money - lenders , with whom a disposition to prodigality will operate as a recom- mendation . In ...
Página 165
... borrower . With respect to the second class of prodigals , those who have no security to offer , either of a certain or of a contingent nature , a very few words may suffice . If they are able to raise any money , it can only be lent on ...
... borrower . With respect to the second class of prodigals , those who have no security to offer , either of a certain or of a contingent nature , a very few words may suffice . If they are able to raise any money , it can only be lent on ...
Página 167
... borrower who had a loss amount- ing to ten per cent . , from which to save himself by the same means . And in any case , though in proportion to the amount of the loss , the rate of interest were ever so great , as that the clear saving ...
... borrower who had a loss amount- ing to ten per cent . , from which to save himself by the same means . And in any case , though in proportion to the amount of the loss , the rate of interest were ever so great , as that the clear saving ...
Página 173
... borrower and lender are equally entitled to favour from the legislator , as both are to be presumed equally capable to understand their own interest . The one has the same interest in lending that the other has in borrowing ; and there ...
... borrower and lender are equally entitled to favour from the legislator , as both are to be presumed equally capable to understand their own interest . The one has the same interest in lending that the other has in borrowing ; and there ...
Palavras e frases frequentes
according actual advantages affords appears attempt attention authority Book branch carried causes chap circumstances common concerning consequence consideration considered Constitution continue corn course Economy edition effects employed England English equal Essay established Europe evil executive existing experience extent fact favour former give given greater hand House human idea illustrate important improvement increase individuals industry influence instance institution interest labour land legislative less liberty lower manner means measure ment mentioned Monarchy nature necessary never object observations occasion opinion parish particular period persons political poor possess possible present principles produce profit proportion question raised reason regulations remarks render respect says seems senate Smith society speculations spirit sufficient supply supposed tion trade truth various Wealth whole writers
Passagens conhecidas
Página 25 - 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 388 - If a man were called to fix the period in the history of the world during which the condition of the human race was most happy and prosperous, he would, without hesitation, name that which elapsed from the death of Domitian to the accession of Commodus.
Página 26 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
Página 27 - By means of glasses, hotbeds, and hot-walls, very good grapes can be raised- in Scotland, and very good wine too can be made of them at about thirty times the expense for which at least equally good can be brought from foreign countries. Would it be a reasonable law to prohibit the importation of all foreign wines merely to encourage the making of claret and burgundy in Scotland...
Página 26 - It is the maxim of every prudent master of a family, never to attempt to make at home what it will cost him more to make than to buy.
Página 223 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Página 222 - In the observation or neglect of this maxim consists what is called the equality or inequality of taxation.
Página 25 - No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can only divert a part of it into a direction into which it might not otherwise have gone...
Página 86 - ... seems to imagine that he can arrange the different members of a great society with as much ease as the hand arranges the different pieces upon a chess-board...
Página 222 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.