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Page vii
... seen and what is not seen . " Labour requires support and aid from capital . § 4 Trade cannot be benefited by destruction of goods ; § 5 Or hindrances to free production . § 6 Remuneratory or Wage Capital . Auxiliary Capital . § 7 ...
... seen and what is not seen . " Labour requires support and aid from capital . § 4 Trade cannot be benefited by destruction of goods ; § 5 Or hindrances to free production . § 6 Remuneratory or Wage Capital . Auxiliary Capital . § 7 ...
Page 9
Alfred Marshall, Mary Paley Marshall. unless , as Mill says , it is protected by the Government . We have now seen how land and labour a requisites of production , the third requisite is capi CHAPTER III . CAPITAL . § I. IN a savage.
Alfred Marshall, Mary Paley Marshall. unless , as Mill says , it is protected by the Government . We have now seen how land and labour a requisites of production , the third requisite is capi CHAPTER III . CAPITAL . § I. IN a savage.
Page 9
... seen and those which are not seen . When a spendthrift is wasting his sub- stance it is easy enough for his neighbours to see how he gives employment to cooks and valets and horse - jockeys . But when a man saves his money and invests ...
... seen and those which are not seen . When a spendthrift is wasting his sub- stance it is easy enough for his neighbours to see how he gives employment to cooks and valets and horse - jockeys . But when a man saves his money and invests ...
Page 9
... seen and also of those which it is necessary to this difference is enormous , for it frequently happ the immediate ... seen and are not seen . " There are , as Bastiat goes on to important consequences of men's action which are which may ...
... seen and also of those which it is necessary to this difference is enormous , for it frequently happ the immediate ... seen and are not seen . " There are , as Bastiat goes on to important consequences of men's action which are which may ...
Page 12
... the Government and from the Government . We have now seen how land and labour are two of the requisites of production , the third requisite is capital . CHAPTER III . CAPITAL . § 1. IN a savage 12 BOOK I. CHAP . II . § 6 .
... the Government and from the Government . We have now seen how land and labour are two of the requisites of production , the third requisite is capital . CHAPTER III . CAPITAL . § 1. IN a savage 12 BOOK I. CHAP . II . § 6 .
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Common terms and phrases
abstinence Adam Smith advantages agricultural amount of capital average business power capital employed carpenters causes cent Circulating capital classes coal commodity corn Cost of production Crown 8vo cultivation demand depends determined Diminishing Return division of labour doses Earnings of Management economic Edition efficiency employers employment England equal Expenses of production factories fall farm farmer fcap Firstly Fixed capital greater growth hand higher income increase Indoor relief industry instance invested kind land Law of Demand Law of Diminishing Law of Normal less machine machinery manufacture natural Normal Earnings Normal rate Normal value obtain Outdoor relief outlay population purchasing power railways raise rapidly rate of interest rate of profits regard remunerate rent rise saving sell shew skilled labour social supply of capital Task-wages tend theory things trade unions unskilled labour Wages-and-profits Fund wealth workmen
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