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able abstract Adam Smith ages amount assumes become beginning believe better bring capital capitalist causes civilisation commerce common complete consequence cost course deal demand desire difficulty doubt early effect employed employment England English equal exchange exists explained facts fixed force fund give Government greater human idea important increase industry interest kind labour land laws least less live loan matter means mind nature necessary never obtain paid persons Political Economy population possible practical present primitive principal probably produce profit quantity race reason result Ricardo rich rule saving seems seen sell sense society sort speak supply tends theory things thought tion trade transfer true truth wages wealth whole writers
Страница 99 - The member of parliament who supports every proposal for strengthening this monopoly, is sure to acquire not only the reputation of understanding trade, but great popularity and influence with an order of men whose numbers and wealth render them of great importance. If he opposes them, on the contrary, and still more if he has authority enough to be able to thwart them, neither the most acknowledged probity, nor the highest rank, nor the greatest public services can protect him from the most infamous...
Страница 121 - The real price of every thing, what every thing really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
Страница 120 - ... the fertility or barrenness of the mines which happen to be known about the time when such exchanges are made. The discovery of the abundant mines of America reduced in the sixteenth century the value of gold and silver in Europe to about a third of what it had been before. As ifc cost less labour to bring those metals from the mine to the market, so when they were brought thither they could purchase or command less labour...
Страница 130 - The actual price at which any commodity is commonly sold is called its market price. It may either be above, or below, or exactly the same with its natural price.
Страница 120 - In his ordinary state of health, strength and spirits, in the ordinary degree of his skill and dexterity, he must always lay down the same portion of his ease, his liberty, and his happiness.
Страница 120 - Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price ; money is their nominal price only.
Страница 200 - There is perhaps no manufacturer, however rich, who limits his business to the extent that his own funds alone will allow: he has always some portion of this floating capital, increasing or diminishing according to the activity of the demand for his commodities. When the demand for silks increases, and that for cloth diminishes, the clothier does not remove with his capital to the silk trade, but he dismisses some of his workmen, he discontinues his demand for the loan from bankers and...
Страница 29 - They in fact include a nearly complete establishment of occupations and trades for enabling them to continue their collective life without assistance from any person or body external to them.