Political Economy for Beginners |
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Page 11
... assist the production of wealth . This labour is called " unproductive . " Political econo- mists have differed widely in their definitions of un- productive labour . This has partly arisen from some economists attaching an implied ...
... assist the production of wealth . This labour is called " unproductive . " Political econo- mists have differed widely in their definitions of un- productive labour . This has partly arisen from some economists attaching an implied ...
Page 20
... assist future production . All waste is un- productive consumption ; and instead , as some suppose , of being beneficial to society , is in reality injurious to it . If the mere consumption of commodities were productive 66 of wealth ...
... assist future production . All waste is un- productive consumption ; and instead , as some suppose , of being beneficial to society , is in reality injurious to it . If the mere consumption of commodities were productive 66 of wealth ...
Page 25
... assist in the production of wealth . A few pages back the use and functions of money were explained , and if this explana- tion is borne in mind it becomes evident that money is not identical with either wealth or capital . It must not ...
... assist in the production of wealth . A few pages back the use and functions of money were explained , and if this explana- tion is borne in mind it becomes evident that money is not identical with either wealth or capital . It must not ...
Page 26
... assisting future production . It must always be remembered that the money , in which the wages are distributed , is not capital : but the food , clothing , etc. , for which this money is exchanged , are capital . Gold and silver cannot ...
... assisting future production . It must always be remembered that the money , in which the wages are distributed , is not capital : but the food , clothing , etc. , for which this money is exchanged , are capital . Gold and silver cannot ...
Page 27
... assist fu- ture production is capital . Buildings , machinery , and tools which assist the production of wealth , constitute capital . Many manufactures cannot be profitably carried on without the erection of large buildings and costly ...
... assist fu- ture production is capital . Buildings , machinery , and tools which assist the production of wealth , constitute capital . Many manufactures cannot be profitably carried on without the erection of large buildings and costly ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act Bank of England bills of exchange Cambridge capital and labour capitalist causes cent cheques circulating capital circumstances classes cloth coal College commodities competition consequently consumed corn corn laws cost of production cotton Crown 8vo decrease demand division of labour economic economic rent effect employed employers employment English example exchange value exports Extra fcap farm farmer foreign France gold and silver illustration imports income income-tax increased industry instance labour and capital land landlord levied London manufactured margin of cultivation modities obtain Owens College paid poor rate population price of agricultural production of wealth Professor profits of capital purchase quantity rate of interest rate of profit rate of wages regulated rent School Second Edition Shew supply supposed taxation tenant tion trade value of gold value of money wages and profits wages of labour wages-fund wheat workmen
Popular passages
Page 10 - Prelector of St. John's College, Cambridge. AN ELEMENTARY TREATISE ON MECHANICS. For the Use of the Junior Classes at the University and the Higher Classes in Schools.
Page 28 - EUROPEAN HISTORY. Narrated in a Series of Historical Selections from the Best Authorities. Edited and arranged by EM SEWELL and CM YONGE. First Series, 1003 — 1154. Third Edition. Crown 8vo. 6s. Second Series, 1088 — 1228. Crown 8vo. 6s. Third Edition. " We know of scarcely anything which is so likely to raise to a higher level the average standard of English education.
Page 11 - AN ELEMENTARY TREATISE ON THE DYNAMICS OF THE SYSTEM OF RIGID BODIES. With Numerous Examples. By EDWARD JOHN ROUTH, MA, late Fellow and Assistant Tutor of St.
Page 39 - And the multitude of them that believed were of one heart and of one soul : neither said any of them that ought of the things which he possessed was his own ; but they had all things common.
Page 24 - Book VI. is fitted for higher Classes, and as an Introduction to English Literature. "They are far above any others that have appeared both in form and substance. . . . The editor of the present series has rightly seen that reading books must ' aim chiefly at giving to the pupils the power of accurate, and, if possible, apt and skilful expression; at cultivating in them a good literary taste, and at arousing a desire of further reading.
Page 26 - Stands alone as the one general history of the country, for the sake of which all others, if young and old are wise, will be speedily and surely set aside.
Page 2 - HORACE— THE WORKS OF HORACE, rendered into English Prose, with Introductions, Running Analysis, and Notes, by J.
Page 6 - With the Mathematical Elements of Music. Designed for the Use of Students in the University. Second Edition, Revised and Enlarged. Crown 8vo. gs. A TREATISE OF MAGNETISM. Designed for the Use of Students in the University.
Page 5 - THE SEVEN KINGS OF. ROME. An Easy Narrative, abridged from the First Book of Livy by the omission of Difficult Passages; being a First Latin Reading Book, with Grammatical Notes and Vocabulary.
Page 16 - As a standard general text-book it deserves to take a leading place." — SPECTATOR. " We unhesitatingly pronounce it the best of all our elementary treatises on Chemistry.