Political Economy for Beginners |
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Page 25
... higher value than an unploughed field , the labourer has created wealth , and the wealth thus created or some part of it is the wages of labour . It is no doubt true that the ultimate source of both wages and profits is the value of ...
... higher value than an unploughed field , the labourer has created wealth , and the wealth thus created or some part of it is the wages of labour . It is no doubt true that the ultimate source of both wages and profits is the value of ...
Page 43
... higher than every other tree . When there is a rise in the value of any commodity there is a corresponding fall in the value of some other commodity . Thus if it is said that the value of meat is greater now than it was twenty years ago ...
... higher than every other tree . When there is a rise in the value of any commodity there is a corresponding fall in the value of some other commodity . Thus if it is said that the value of meat is greater now than it was twenty years ago ...
Page 51
... higher , a tendency is constantly in operation to preserve approximate uniformity of value . So also with the quality of indestructibility . All commodities which are perishable or the annual supply of which is ordinarily consumed ...
... higher , a tendency is constantly in operation to preserve approximate uniformity of value . So also with the quality of indestructibility . All commodities which are perishable or the annual supply of which is ordinarily consumed ...
Page 58
... higher price for the house , the contest will be unconcluded . When , therefore , there is free competition between the buyers and sellers of commodities , the market price of any article must be such as to equalise the supply to the ...
... higher price for the house , the contest will be unconcluded . When , therefore , there is free competition between the buyers and sellers of commodities , the market price of any article must be such as to equalise the supply to the ...
Page 67
... higher wages . The increase in the men's wages moreover only accounted for a rise of 25. per ton in the price of coal ; whereas the rise in price at the pit's mouth was more than Ios . per ton . The exceptionally large demand for coal ...
... higher wages . The increase in the men's wages moreover only accounted for a rise of 25. per ton in the price of coal ; whereas the rise in price at the pit's mouth was more than Ios . per ton . The exceptionally large demand for coal ...
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Common terms and phrases
A. W. VERRALL agricultural produce amount Assistant Assistant-Master Bank Bank of England BEGINNERS BOOK Cambridge capital and labour capitalist causes cent CHEMISTRY cheques Christ's College classes Clifton College commodities competition corn cost of production Crown 8vo decrease demand economic rent effect ELEMENTARY employment England English example exports Extra fcap farmer Fellow of St Fellow of Trinity formerly France Globe 8vo gold and silver Greek HISTORY income income-tax increased industry instance J. P. MAHAFFY John's College labour and capital land landlord late Fellow LATIN Lecturer levied LL.D London Macmillan's manufactured margin of cultivation Master Mathematics Owens College Oxford paid Political Economy poor rate population PRIMER principle production of wealth Professor purchase rate of profit rate of wages rent revised and enlarged School Second Edition Shew supply supposed taxation trade Translated TREATISE TRIGONOMETRY Trinity College University University of Cambridge wages and profits wages-fund workmen
Popular passages
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