Principles of Economics, Volume 1

action Adam Smith agricultural amount BOOK capital and labour cause century character chief chiefly classes climate commodities Consumers consumption cultivation custom definition definitions of capital demand schedule derived Diminishing Return division of labour doctrine economic science economists efficiency elasticity England English enterprise evil fact freedom German give greater growth habits important income increase individual individual capital industry influence instance Jevons kind land lative Law of Diminishing less machinery marginal utility marriage material means measure ment Mercantilists modern motives national wealth nature nearly necessary partly perhaps person physical Physiocrats pleasure Political Economy population present problems production purchasing power purposes race racter reason regard rent Ricardo rich scientific social capital soil strength sumers supply term theory things thought tion towns trade utility wages Wealth of Nations whole