Manual of Political Economy |
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Page vii
... doubt happened , that people have not become generally familiarised with a science , because its principles have not been clearly explained . But Political Economy has never wanted able expounders . Adam Smith wrote the first systematic ...
... doubt happened , that people have not become generally familiarised with a science , because its principles have not been clearly explained . But Political Economy has never wanted able expounders . Adam Smith wrote the first systematic ...
Page 6
... doubt that , even in England , the great besetting evil of the nation is the poverty of the humbler classes , and that these people cannot make any great social advance until a decided improvement has taken place in their material ...
... doubt that , even in England , the great besetting evil of the nation is the poverty of the humbler classes , and that these people cannot make any great social advance until a decided improvement has taken place in their material ...
Page 13
... doubt , therefore , that all that labour is productive which confers utility upon material objects . For Such is the labour of all ordinary workmen . Agricul- tural labourers , manufacturing operatives , bricklayers , & c . , must all ...
... doubt , therefore , that all that labour is productive which confers utility upon material objects . For Such is the labour of all ordinary workmen . Agricul- tural labourers , manufacturing operatives , bricklayers , & c . , must all ...
Page 14
... doubt that he who contributes in any manner to improve either the physical or intellectual condition of the people takes no unimportant part in assisting the nation's wealth . Much labour , therefore , which at first sight may seem ...
... doubt that he who contributes in any manner to improve either the physical or intellectual condition of the people takes no unimportant part in assisting the nation's wealth . Much labour , therefore , which at first sight may seem ...
Page 26
... doubt the ribbon manufacturers could not immediately transfer their capital to other departments of industry , nor could their operatives immediately find an equally remunerative em- ployment but still , as the ribbon trade has remained ...
... doubt the ribbon manufacturers could not immediately transfer their capital to other departments of industry , nor could their operatives immediately find an equally remunerative em- ployment but still , as the ribbon trade has remained ...
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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.