Outlines of an Industrial Science |
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Page 36
... purchase , " or , as Adam Smith called it , " effectual demand , " and by Supply , " the quantity of any commodity offered for sale . " But why should we speak of " effectual demand " any more than of “ effectual supply " ? In every ...
... purchase , " or , as Adam Smith called it , " effectual demand , " and by Supply , " the quantity of any commodity offered for sale . " But why should we speak of " effectual demand " any more than of “ effectual supply " ? In every ...
Page 37
... purchased ? Or does it only mean demand capable of being effected ? If the latter , how can it be ascertained when a demand is capable of being effected except by the test of the market , in other words , by actual sale ? Anything short ...
... purchased ? Or does it only mean demand capable of being effected ? If the latter , how can it be ascertained when a demand is capable of being effected except by the test of the market , in other words , by actual sale ? Anything short ...
Page 38
... purchase food , but he will not obtain it by desiring ; he must have the means of satisfying the man who has it . Secondly , the ability to purchase is often in inverse ratio to the desire . The man who has a commodity he is not ...
... purchase food , but he will not obtain it by desiring ; he must have the means of satisfying the man who has it . Secondly , the ability to purchase is often in inverse ratio to the desire . The man who has a commodity he is not ...
Page 40
... purchasing , he will demand a high price ; if he believes the commodity is a prime necessity to him , that he must have it , and cannot purchase it elsewhere , he will extract the very highest price out of him that he can . The ...
... purchasing , he will demand a high price ; if he believes the commodity is a prime necessity to him , that he must have it , and cannot purchase it elsewhere , he will extract the very highest price out of him that he can . The ...
Page 41
David Syme. understand that he had no alternative but to purchase , he would have to pay an exorbitantly high price . case of a Is it a question of wages ? The weaker side suffers again . An employer wishes to increase his Illustrated ...
David Syme. understand that he had no alternative but to purchase , he would have to pay an exorbitantly high price . case of a Is it a question of wages ? The weaker side suffers again . An employer wishes to increase his Illustrated ...
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Common terms and phrases
according action Adam Smith adopted adulteration amount ascer benefit Bombay buyer calicoes capital cause cent china clay classes cloth Commerce commodity competition competitors cotton deductionist Demand and Supply desire of wealth duty economists edition effect element employer employment England English Ethical Sentiment exchange value existence fact facturers forces Hemeistic Herbert Spencer human Illustrated imported increase India individual industrial action Industrial Science influence instance interest interference iron J. S. Mill kind Lancashire land laws less Lord Northbrook Manchester manu manufacturers matter means mental method Mill modern English school monopoly motive nature necessary never object obtain operation phenomena physical Political Economy possession Practical prevision principle production Prof profits purchase quantity question rate of wages reduction regarded rent result self-interest seller social affections society term thing tion trade wants Wealth of Nations whole workmen
Popular passages
Page 19 - Wood-Cuts, Problems, and Examples, and concluded by an Extensive Table for finding the Solidity in cubic yards from Mean Areas. The whole being adapted for convenient use by Engineers, Surveyor*, Contractors, and others needing Correct Measurements of Earthwork.
Page 1 - WORKSHOP: A treatise containing plain and concise directions for the manipulation of Wood and Metals, including Casting, Forging, Brazing, Soldering and Carpentry. By the author of the
Page 30 - RIFFAULT, VERGNAUD, and TOUSSAINT.— A Practical Treatise on the Manufacture of Colors for Painting : Comprising the Origin, Definition, and Classification of Colors; the Treatment of the Raw Materials ; the best Formulae and the Newest Processes for the Preparation of every description of Pigment, and the Necessary Apparatus and Directions for its Use ; Dryers ; the Testing, Application, and Qualities of Paints, etc., etc.
Page 18 - ASSAYER'S GUIDE : Or, Practical Directions to Assayers, Miners, and Smelters, for the Tests and Assays, by Heat and by Wet Processes, for the Ores of all the principal Metals, of Gold and Silver Coins and Alloys, and of Coal, etc. By OSCAR M. LIEBER.
Page 11 - EDWARDS. — A Catechism of the Marine Steam-Engine, For the use of Engineers, Firemen, and Mechanics. A Practical Work for Practical Men. By EMORY EDWARDS, Mechanical Engineer. Illustrated by sixty-three Engravings, including examples of the most modern Engines. Third edition, thoroughly revised, with much additional matter.
Page 3 - Metallurgy of Iron. A TREATISE ON THE METALLURGY OF IRON : containing Outlines of the History of Iron Manufacture, Methods of Assay, and Analyses of Iron Ores, Processes of Manufacture of Iron and Steel, &c. By H. BAUERMAN, FGS, Associate of the Royal School of Mines.
Page 5 - A Practical Workshop Companion for Tin, SheetIron, and Copper-plate Workers : Containing Rules for describing various kinds of Patterns used by Tin, Sheet-Iron and Copper-plate Workers; Practical Geometry; Mensuration of Surfaces and Solids ; Tables of the Weights of Metals, Lead-pipe, etc. ; Tables of Areas and Circumference?
Page 15 - Political Economy considers mankind as occupied solely in acquiring and consuming wealth ; and aims at showing what is the course of action into which mankind, living in a state of society, would be impelled, if that motive, except in the degree in which it is checked by the two perpetual counter-motives above adverted to, were absolute ruler of all their actions.
Page 5 - Specifications, from $200 to $20,000, for Homes for the People ; together with Warming, Ventilation, Drainage, Painting, and Landscape Gardening. By JOHN BULLOCK, Architect, Civil Engineer, Mechanician, and Editor of "The Rudiments of Architecture and Building,
Page 15 - It is concerned with him solely as a being who desires to possess wealth, and who is capable of judging of the comparative efficacy of means for obtaining that end.