Manual of Political Economy |
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Page xviii
... commodities - The assump- tion is in the first instance made , that any alteration in the price of a commodity is ... Commodities . Commodities , when their price is investigated , are divided into three classes : the first class ...
... commodities - The assump- tion is in the first instance made , that any alteration in the price of a commodity is ... Commodities . Commodities , when their price is investigated , are divided into three classes : the first class ...
Page xix
... commodity depends upon D , the element U being only partially operative U exerts its full influence with regard to those commodities which are comprised in the first class above enumerated PAGES 319-325 CHAPTER III . On the Price of ...
... commodity depends upon D , the element U being only partially operative U exerts its full influence with regard to those commodities which are comprised in the first class above enumerated PAGES 319-325 CHAPTER III . On the Price of ...
Page xx
... commodity is regulated by its cost of production , and when its price is disturbed by sudden fluctuations in the demand and supply PAGES 337-348 CHAPTER V. On Money . Why we discussed the price of commodities before we considered the ...
... commodity is regulated by its cost of production , and when its price is disturbed by sudden fluctuations in the demand and supply PAGES 337-348 CHAPTER V. On Money . Why we discussed the price of commodities before we considered the ...
Page xxi
... commodity varies with its price , but the ratio of this variation cannot be precisely defined , for it varies greatly with different commodities - This last proposition illustrated by examples - The de- mand for the precious metals ...
... commodity varies with its price , but the ratio of this variation cannot be precisely defined , for it varies greatly with different commodities - This last proposition illustrated by examples - The de- mand for the precious metals ...
Page xxii
... commodities exchanged might be produced cheaper in one country than in the other - The bargain of international trade is adjusted by equalising the supply of a commodity to the demand for it - The profit arising from foreign commerce is ...
... commodities exchanged might be produced cheaper in one country than in the other - The bargain of international trade is adjusted by equalising the supply of a commodity to the demand for it - The profit arising from foreign commerce 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.