A Short History of Political Economy in England: From Adam Smith to Arnold ToynbeeMethuen and Company, 1891 - 201 страници |
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Страница viii
... Cultivation - The Theory must be Interpreted Liberally— The Assumption of Competition - The No - rent Unearned Increment - Difficulty of distinguishing it - Land - The ... - page 61 CHAPTER IV . JOHN STUART MILL . ( 1806—1873 . viii ...
... Cultivation - The Theory must be Interpreted Liberally— The Assumption of Competition - The No - rent Unearned Increment - Difficulty of distinguishing it - Land - The ... - page 61 CHAPTER IV . JOHN STUART MILL . ( 1806—1873 . viii ...
Страница 5
... cultivation was of a wretched description . There was no proper order of rotation of crops , no scientific breeding of cattle , no turnips or artificial grasses , except in particular districts like Norfolk , where Townshend was already ...
... cultivation was of a wretched description . There was no proper order of rotation of crops , no scientific breeding of cattle , no turnips or artificial grasses , except in particular districts like Norfolk , where Townshend was already ...
Страница 44
... cultivation was advancing from the richer land to the poorer land , which only yielded eight bushels an acre ; and he would conclude that this was due to the fact that , while the demand for food required an increased production ...
... cultivation was advancing from the richer land to the poorer land , which only yielded eight bushels an acre ; and he would conclude that this was due to the fact that , while the demand for food required an increased production ...
Страница 49
... cultivation of land , the returns to each additional application of capital and labour will tend , other things being unaltered , not to increase proportionally to the increase of capital and labour . But it is difficult to fix the ...
... cultivation of land , the returns to each additional application of capital and labour will tend , other things being unaltered , not to increase proportionally to the increase of capital and labour . But it is difficult to fix the ...
Страница 50
... cultivation of land may result in a return which increases instead of diminishing . And it is also possible that such an improved method of cultivation may follow on the application of additional capital in the form of manures or ...
... cultivation of land may result in a return which increases instead of diminishing . And it is also possible that such an improved method of cultivation may follow on the application of additional capital in the form of manures or ...
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abstract Adam Smith advantage agricultural amount applied argument ARNOLD TOYNBEE Bagehot Bank of England banker bill-brokers buyers Cairnes capital and labour cash cash-reserve chapter circumstances Cliffe Leslie commerce commodities competition conception considerations Corn Laws criticism cultivation demand division of labour economic inquiry Economic Studies economists effects employed English essay exchange expenses of production facts gold greater historical method important improvement individual industry influence interest investigation Jevons JOHN ELLIOTT CAIRNES land landlord laws less Lombard Street London Malthus manufactures marginal utility means ment Mill Mill's moral natural liberty normal price obtained original perhaps period Political Economy position possessed practical present Principles of Political produce profits quantity recognised remarks result Ricardo rise seems sellers social reform society statistical supply tended theory of rent theory of value Toynbee trade utility wages Wealth of Nations workman writings wrote
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Страница 16 - The fourth and last maxim may be called that of economy ,- for, according to it, "every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the state.
Страница 16 - THE annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Страница 17 - ... it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head ; to make the head requires two or three distinct operations ; to put it on is a peculiar business, to whiten the pins is another ; it is even a trade by itself to put them into the paper ; and the important business of making a pin is, in this manner, divided into about eighteen distinct operations, which, in some manufactories, are all performed by distinct hands, though in others the same man will...
Страница 46 - Population invariably increases where the means of subsistence increase, unless prevented by some very powerful and obvious checks. 3. These checks, and the checks which repress the superior power of population, and keep its effects on a level with the means of subsistence, are all resolvable into moral restraint, vice, and misery.
Страница 28 - The gold and silver money which circulates in any country may very properly be compared to a highway, which, while it circulates and carries to market all the grass and corn of the country, produces itself not a single pile of either.
Страница 15 - The maxim of equality enjoins • that the " subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state."- ,The second maxim is that of I certainty.
Страница 9 - All systems either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man, or order of men.
Страница 13 - What is the species of domestic industry which his capital can employ, and of which the produce is likely to be of the greatest value, every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him.
Страница 92 - I now had opinions; a creed, a doctrine, a philosophy; in one among the best senses of the word, a religion; the inculcation and diffusion of which could be made the principal outward purpose of a life.
Страница 96 - The social problem of the future we considered to be, how to unite the greatest individual liberty of action, with a common ownership in the raw material of the globe, and an equal participation of all in the benefits of combined labour.