Political Economy for Beginners |
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Page x
... consumed- Fixed and circulating capital - Circumstances which favour the accumulation of capital - A glut of capital ...... PAGES 25-38 SECTION II . The Exchange of Wealth . Exchange implies the existence of private property - Communism ...
... consumed- Fixed and circulating capital - Circumstances which favour the accumulation of capital - A glut of capital ...... PAGES 25-38 SECTION II . The Exchange of Wealth . Exchange implies the existence of private property - Communism ...
Page 20
... consumed unproductively , because the consumption of them does not 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 ...
... consumed unproductively , because the consumption of them does not 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 ...
Page 21
... consumed is useful or not , the quickest way for a nation to become rich would be to burn down houses , manufactories , and public buildings , destroy the railways and docks , and pull down the telegraph - wires . There can be little ...
... consumed is useful or not , the quickest way for a nation to become rich would be to burn down houses , manufactories , and public buildings , destroy the railways and docks , and pull down the telegraph - wires . There can be little ...
Page 29
... farmer sells his wheat for the purpose of purchasing commodities . If these commodities are consumed unproductively , an amount exactly equal- ling their value is abstracted from the capital of the CHAP . III . ] 29 ON CAPITAL .
... farmer sells his wheat for the purpose of purchasing commodities . If these commodities are consumed unproductively , an amount exactly equal- ling their value is abstracted from the capital of the CHAP . III . ] 29 ON CAPITAL .
Page 30
... consumed without any produc- tive result whatever . If however the farmer uses the money for which he sells his wheat in paying his labourers , they spend it in procuring the necessaries of life ; these are consumed productively , for ...
... consumed without any produc- tive result whatever . If however the farmer uses the money for which he sells his wheat in paying his labourers , they spend it in procuring the necessaries of life ; these are consumed productively , for ...
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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
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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.
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