Political Economy for Beginners |
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Page 12
... become productive labourers . Is the inventor of a machine an unproductive labourer when by means of his invention the productiveness of other men's labour may be increased a hundredfold ? These questions must certainly be answered in ...
... become productive labourers . Is the inventor of a machine an unproductive labourer when by means of his invention the productiveness of other men's labour may be increased a hundredfold ? These questions must certainly be answered in ...
Page 13
... becomes , as it were by an accident , produc- tive of wealth . Through the labour of scientific chemists , discoveries have been made which have greatly facili- tated many industrial processes . It will thus be seen that it is sometimes ...
... becomes , as it were by an accident , produc- tive of wealth . Through the labour of scientific chemists , discoveries have been made which have greatly facili- tated many industrial processes . It will thus be seen that it is sometimes ...
Page 18
... becoming general . There are two ways in which machinery increases the productiveness of labour . One in which it supersedes or takes the place of the labour of individuals , as in the case of the reaping machine , or the sewing machine ...
... becoming general . There are two ways in which machinery increases the productiveness of labour . One in which it supersedes or takes the place of the labour of individuals , as in the case of the reaping machine , or the sewing machine ...
Page 19
... becomes depressed and he consequently loses his employment , he can turn his hand to nothing else ; and he and his family soon become dependent on the rates , or on private charity . The Morality of the Labourer . The morality of the ...
... becomes depressed and he consequently loses his employment , he can turn his hand to nothing else ; and he and his family soon become dependent on the rates , or on private charity . The Morality of the Labourer . The morality of the ...
Page 21
... 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 doubt that such conduct would soon produce great activity in ...
... 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 doubt that such conduct would soon produce great activity in ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act bank notes Bank of England bills of exchange BOOK capital and labour capitalist causes cent cheques circumstances classes cloth College commodities competition consequently corn cost of production cotton Crown 8vo decrease demand economic economic rent effect employed employment English example exports Extra fcap farmer France FRANCIS TURNER PALGRAVE gold and silver GRAMMAR HISTORY Illustrations income income-tax increased industry instance J. M. D. MEIKLEJOHN King's College School labour and capital land land-tax landlord levied London and Westminster manufactured margin of cultivation modities paid panic permanent poor rate population price of agricultural production of wealth Professor quantity rate of interest rate of profit rate of wages regulated rent School Shew supply taxation Third Edition tion trade value of gold value of money W. W. SKEAT wages and profits wages of labour wages-fund Westminster Bank wheat workmen
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