The Principles of Political Economy: With Some Inquiries Respecting Their Application and a Sketch of the Rise and Progress of the Science |
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Page iii
... determine the common and ave- rage rate of wages ; partly because of the magnitude . and importance of the class dependent on wages , and partly because of the prevalence of doctrines regarding the employment of labour which appear to ...
... determine the common and ave- rage rate of wages ; partly because of the magnitude . and importance of the class dependent on wages , and partly because of the prevalence of doctrines regarding the employment of labour which appear to ...
Page xxi
... determined - Conditions re- quired to render a Commodity invariable in its Exchangeable Value - Cost or Real Value - How it is determined - Condi- tions required to render a Commodity invariable in its Cost -Quantity of Labour required ...
... determined - Conditions re- quired to render a Commodity invariable in its Exchangeable Value - Cost or Real Value - How it is determined - Condi- tions required to render a Commodity invariable in its Cost -Quantity of Labour required ...
Page xxii
... determine the Rate of Wages . SEC- TION I. MARKET OR ACTUAL WAGES - Depend on the Pro- portion between Capital and Population - Identity of the interests of the Capitalists with those of the Labourers . SEC- TION II . NATURAL OR ...
... determine the Rate of Wages . SEC- TION I. MARKET OR ACTUAL WAGES - Depend on the Pro- portion between Capital and Population - Identity of the interests of the Capitalists with those of the Labourers . SEC- TION II . NATURAL OR ...
Page 3
... determine the production and distribution of such articles as exist , and may be obtained in unlimited quantities , independently of all voluntary human agency . The results of the industry of man are the only subjects which engage his ...
... determine the production and distribution of such articles as exist , and may be obtained in unlimited quantities , independently of all voluntary human agency . The results of the industry of man are the only subjects which engage his ...
Page 15
... determine the production and accumulation of wealth are inherent in our nature , and exert a powerful , though not always the same degree of influence over the conduct of every individual ; and the theorist must , therefore , satisfy ...
... determine the production and accumulation of wealth are inherent in our nature , and exert a powerful , though not always the same degree of influence over the conduct of every individual ; and the theorist must , therefore , satisfy ...
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Common terms and phrases
accumulation advantage agriculture amount capital capitalists carried cause cent circulating capital circumstances classes commerce commodities compared consequence considerable corn Corn Laws cost cottons cultivation degree demand for labour depend diminished dities doubt duction durable effect employed employment endeavour engaged England equal established exchangeable value exertion expense exportation extent fall farm foreign former foundling hospitals greater Hence important improvement increase individuals industry influence injurious interest Ireland labour required land landlords latter less machinery manufactures means ment nature necessary notwithstanding obtain obvious occasion parties perhaps period Political Economy poor laws population portion principle proportion quantity of labour raised rate of profit rate of wages raw produce reduced regulations render rent respect rise society soil sort species subsistence supply supposed tenants thing tillage tion trade value of money vidual wealth Wealth of Nations wholly workmen
Popular passages
Page 151 - ... be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself fit to exercise it.
Page xviii - A General Dictionary of Geography, Descriptive, Physical, Statistical, and Historical ; forming a complete Gazetteer of the World. By A. KEITH JOHNSTON, FRSE 8vo. 31s. 6d. M'Culloch's Dictionary, Geographical, Statistical, and Historical, of the various Countries, Places, and principal Natural Objects in the World.
Page xviii - M'Culloch. — A Dictionary, Practical, Theoretical, and Historical, of Commerce and Commercial Navigation. Illustrated with Maps and Plans.
Page ix - M'CULLOCH. -A TREATISE ON THE PRINCIPLES AND PRACTICAL INFLUENCE of TAXATION and the FUNDING SYSTEM.
Page 411 - By necessaries I understand not only the commodities which are indispensably necessary for the support of life, but whatever the custom of the country renders it indecent for creditable people, even of the lowest order, to be without.
Page 229 - It is in this manner that the demand for men, like that for any other commodity, necessarily regulates the production of men, quickens it when it goes on too slowly, and stops it when it advances too fast.
Page 583 - There is one sort of labour," says he, " which adds to the value of the subject upon which it is bestowed ; there is another which has no such effect. The former, as it produces a value, may be called productive ; the latter, unproductive labour.
Page 231 - The germs of existence contained in this earth, if they could freely develop themselves, would fill millions of worlds in the course of a few thousand years. Necessity, that imperious, all-pervading law of nature, restrains them within the prescribed bounds.
Page 198 - Every workman has a great quantity of his own work to dispose of beyond what he himself has occasion for ; and every other workman being exactly in the same situation, he is enabled to exchange a great quantity of his own goods for a great quantity, or, what 'comes to the same thing, for the price of a great quantity of theirs. He supplies them abundantly with what they have occasion for, and they accommodate him as amply with what he has occasion for, and a general plenty diffuses itself through...
Page 431 - The liberal reward of labour," says Dr Smith, " as it encourages the propagation, so it increases the industry of the common people. The wages of labour are the encouragement of industry, which, like every other human quality, improves in proportion to the encouragement it receives.