Manual of Political Economy |
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Page vii
... able expounders . Adam Smith wrote the first systematic treatise on the subject , and his work will long continue to be read as a masterpiece of clear exposition . Mr John Stuart Mill's treatise on ' The Principles of Poli- tical ...
... able expounders . Adam Smith wrote the first systematic treatise on the subject , and his work will long continue to be read as a masterpiece of clear exposition . Mr John Stuart Mill's treatise on ' The Principles of Poli- tical ...
Page ix
... able value is wealth - The civilization of a country determines to what extent its natural resources can be classed as wealth - Fallacies now known as the Mercantile System explained .PAGES 3-9 CHAPTER II . The Requisites of Production ...
... able value is wealth - The civilization of a country determines to what extent its natural resources can be classed as wealth - Fallacies now known as the Mercantile System explained .PAGES 3-9 CHAPTER II . The Requisites of Production ...
Page 8
... able of misleading a child , yet no error was ever more tenaciously clung to ; it not only corrupted speculative science , but it infected the whole commercial policy of every European nation . These errors are associated with the ...
... able of misleading a child , yet no error was ever more tenaciously clung to ; it not only corrupted speculative science , but it infected the whole commercial policy of every European nation . These errors are associated with the ...
Page 11
... able for consumption : the ploughman who ploughs the soil must wait for months before the wheat which his labour contributes to produce , will be ready for human food ; but the ploughman must be fed , and he is fed with food previously ...
... able for consumption : the ploughman who ploughs the soil must wait for months before the wheat which his labour contributes to produce , will be ready for human food ; but the ploughman must be fed , and he is fed with food previously ...
Page 29
... able - bodied labourers were in full em- ployment , and that they received certain wages for a cer- tain quantity of work . There can be no doubt that the labourers would willingly receive more wages if they could be obtained . It is ...
... able - bodied labourers were in full em- ployment , and that they received certain wages for a cer- tain quantity of work . There can be no doubt that the labourers would willingly receive more wages if they could be obtained . It is ...
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Common terms and phrases
Adam Smith advantages agricultural produce American civil war annually Australia bank notes Bank of England bills bills of exchange BOOK cause cent chapter circulating capital circulation circumstances classes coal commodities consequently considerable cooperative cotton creased Crown 8vo cultivation demand depreciation diminished duction Edition effect employed employers England English exchange exerted export farm farmer fcap foreign France greater important improvements income income-tax increased India individual influence instance invested iron labour and capital land landlord laws less levied loan machinery manufactured ment metayer nation obtained paid particular pauperism peasant political economy population portion possess precious metals principle production of wealth proprietors purchase quantity rate of interest rate of profit realised regard remarked remuneration rent revenue rise sacks of wheat saved silver society sumer supply supposed taxation tenant tion trade value of gold wage-fund wages workmen
Popular passages
Page 519 - 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.
Page 519 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Page 520 - Thirdly, by the forfeitures and other penalties which those unfortunate individuals incur who attempt unsuccessfully to evade the tax, it may frequently ruin them, and thereby put an end to the benefit which the community might have received from the employment of their capitals.
Page 182 - Give a man the secure possession of a bleak rock, and he will turn it into a garden ; give him a nine years lease of a garden, and he will convert it into a desert.
Page 551 - 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.