The State of the Science of Political Economy Investigated: Wherein is Shewn the Defective Character of the Arguments which Have Hitherto Been Advanced for Elucidating the Laws of the Formation of WealthWhittaker, 1838 - 73 Seiten |
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The State of the Science of Political Economy Investigated (1838) William Atkinson Keine Leseprobe verfügbar - 2009 |
The State of the Science of Political Economy Investigated: Wherein Is Shewn ... William Atkinson Keine Leseprobe verfügbar - 2015 |
Häufige Begriffe und Wortgruppen
4th book 7th chapter abroad Adam Smith adduced admit adopting advantage advert amongst argue arithmetical ratio arrived asserts attempted brought causes character Charing Cross clusion commencing commodities conclusion consequently consideration constructed contains corn laws course declares degree division duction employment of capital England erroneous error establish evidence examination export facts following passage foreign trade formation of capital forming capital free trade HARVARD COLLEGE home trade human important increase of population industry injurious inquiry investigation landlord laws of Nature line of argument linen London luxury Malthus matter of argument means ment merely metical mind necessarily necessary occurs operation Two distinct opinion passage just quoted Political Economy portion Portugal Portuguese present Principles of Political production proportion proposition proved question rate of increase rate of profit remarkable Report science of Political Scotch manufactures Scotland silks sustain theory tical tion treating truth Wealth of Nations wherein
Beliebte Passagen
Seite 29 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily leads him to prefer that employment which is most advantageous to the society.
Seite 44 - Through the animal and vegetable kingdoms Nature has scattered the seeds of life abroad with the most profuse and liberal hand; but has been comparatively sparing in the room and the nourishment necessary to rear them.
Seite 44 - It may be fairly pronounced therefore, that, considering the present average state of the earth, the means of subsistence, under circumstances the most favourable to human industry, could not possibly be made to increase faster than in an arithmetical ratio.
Seite 32 - British profit higher than it otherwise would have been both in that and in all the other branches of British trade. If, since the establishment of the act of navigation, the ordinary rate of British profit has fallen considerably, as it certainly has, it must have fallen still lower, had not the monopoly established by that act contributed to keep it up.
Seite 5 - When both are the produce of domestic industry, it necessarily replaces by every such operation two distinct capitals which had both been employed in supporting productive labour, and thereby enables them to continue that support. The capital which sends Scotch manufactures to London, and brings back English corn and manufactures to Edinburgh, necessarily replaces, by every such operation, two British capitals which had both been employed in the agriculture or manufactures of Great Britain. The capital...
Seite 53 - What these rights are it is not my business at present to explain; but there is one right which man has generally been thought to possess, which I am confident he neither does nor can possess — a right to subsistence when his labour will not fairly purchase it.
Seite 52 - I can easily conceive that this country, with a proper direction of the national industry, might in the course of some centuries contain two or three times its present population, and yet every man in the kingdom be much better fed and clothed than he is at present.
Seite 34 - ... merits of Dr Smith. In adopting the discoveries of others, he has made them his own ; he has demonstrated the truth of principles on which his predecessors had, in most cases, stumbled by chance ; has separated them from the errors by which they were...
Seite 32 - In consequence of the monopoly, the increase of the colony trade has not so much occasioned an addition to the trade which Great Britain had before, as a total change in its direction. Secondly, this monopoly has necessarily contributed to keep up the rate of profit in all the different branches of British trade higher than it naturally would have been, had all nations been allowed a free trade to the British colonies.
Seite 12 - This argument appears to be fallacious; for though two capitals, one Portuguese and one English, be employed, as Dr. Smith supposes, still a capital will be employed in the foreign trade...