Political Economy for Beginners |
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Page 13
... whole the labour of statesmen is indi- rectly productive of wealth , except in so far as it guaran- tees the security of life and property . Sometimes the labour of productive labourers turns out to be unproductive ; as for instance in ...
... whole the labour of statesmen is indi- rectly productive of wealth , except in so far as it guaran- tees the security of life and property . Sometimes the labour of productive labourers turns out to be unproductive ; as for instance in ...
Page 14
... whole of the work , and had to ascend and descend the carriages with every two or three lamps he removed , it would probably take him more than half an hour to take out as many as with the assistance of another man he removes in five ...
... whole of the work , and had to ascend and descend the carriages with every two or three lamps he removed , it would probably take him more than half an hour to take out as many as with the assistance of another man he removes in five ...
Page 27
... whole wealth of the manufacturer is capital ; a part of his wealth is spent in various luxuries ; that part , only , of his wealth is capital " which he designs to employ in carrying on fresh produc- tion . " In the words of Mr Mill ...
... whole wealth of the manufacturer is capital ; a part of his wealth is spent in various luxuries ; that part , only , of his wealth is capital " which he designs to employ in carrying on fresh produc- tion . " In the words of Mr Mill ...
Page 33
... whole of its office in the production in which it is en- gaged , by a single use , is called circulating capital . " ( Prin . Pol . E. vol . I. p . 112. ) Fixed Capital . Besides the capital which is consumed in giving food to the ...
... whole of its office in the production in which it is en- gaged , by a single use , is called circulating capital . " ( Prin . Pol . E. vol . I. p . 112. ) Fixed Capital . Besides the capital which is consumed in giving food to the ...
Page 37
... whole community . The principal propositions concerning the Production of Wealth have now been stated , in the three chapters on Land , Labour , and Capital . The explanation of the functions of capital has probably presented some dif ...
... whole community . The principal propositions concerning the Production of Wealth have now been stated , in the three chapters on Land , Labour , and Capital . The explanation of the functions of capital has probably presented some dif ...
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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
Popular passages
Page 37 - 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.
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