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accumulation active stock advantage agricultural nation amount of capital amount of dead assert benefit capital to population capitalists cause cents chapter circulating capital commerce commodities consumed cost of labor crease dead stock decline decrease demand for labor depend depression difference duction economic economic rent effect efficiency of labor employed employment England equal equation of international excess exchange expense exports fertile fixed capital foreign free trade gain greater gross important improvement income increase of capital international demand investment labor and capital laboring classes land less lessened loss lower manufacturing margin of cultivation means ment Mill's money-wages nomic number of laborers obtained over-accumulation permanent principle production proportional wages protection raise rate of interest rate of profit rate of proportional ratio of capital raw produce real wages rent rentals result Ricardo rise sumer supply suppose tendency things tion unproductive consumption velvet wages-fund wealth
Страница 156 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Страница 18 - The condition of the class can be bettered in no other way than by altering that proportion to their advantage : and every scheme for their benefit, which does not proceed on this as its foundation, is, for all permanent purposes, a delusion.
Страница 222 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it.
Страница 20 - While, on the one hand, industry is limited by capital, so on the other, every increase of capital gives, or is capable of giving, additional employment to industry ; and this without assignable limit.
Страница 56 - ... the rate of profit is habitually within, as it were, a hand's breadth of the minimum, and the country therefore on the very verge of the stationary state.
Страница 53 - It must always have been seen, more or less distinctly, by political economists, that the increase of wealth is not boundless : that at the end of what they term the progressive state lies the \ stationary state, that all progress in wealth is but a postponement •,'!' this, and that each step in advance is an approach to it.