The capital which is employed in purchasing in one part of the country in order to sell in another the produce of the industry of that country, generally replaces by every such operation two distinct capitals that had both been employed in the agriculture... Blackwood's Edinburgh Magazine - Страница 4251886Пълен достъп - Информация за книгата
| 1843 - 590 страници
...Nations," Adam Smith necessarily admits the superior advantage of the home trade, as follows : — " The capital which is employed in purchasing in one part of the country, in order to •ell in another the produce of the industry of that country, generally replaces, by every such operation,... | |
| William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray IV, Rowland Edmund Prothero (Baron Ernle) - 1850 - 612 страници
...chain of lucid reasoning, is clear, unequivocal, decisive. In his Second Book, chap, v., he says — ' The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals. The capital which sends Scotch manufactures to London and... | |
| William Gifford, Sir John Taylor Coleridge, John Gibson Lockhart, Whitwell Elwin, William Macpherson, William Smith, Sir John Murray IV, Rowland Edmund Prothero (Baron Ernle) - 1850 - 608 страници
...chain of lucid reasoning, is clear, unequivocal, decisive. In his Second Book, chap, v., he says — ' The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals. The capital which fends Scotch manufactures to London and... | |
| Edward Everett - 1850 - 716 страници
...most distinguished writers on political economy. " The capital which is employed," says Adam Smith, " in purchasing in one part of the country, in order...the industry of that country, generally replaces by every such operation two distinct capitals, that had both been employed in the agriculture or manufactures... | |
| John Barnard Byles - 1851 - 444 страници
...advantageous than foreign trade. On this text, hear the apostle of free-trade himself, Adam Smith. " The capital which is employed in purchasing in " one...that " had both been employed in the agriculture or manu" facture of that country, and thereby enables them to " continue that employment When both " are... | |
| 1851 - 802 страници
...checked " if " — in his words — "human institutions had never thwarted natural inclination." " The capital which is employed in purchasing in one...another the produce of the industry of that country, gentrallv replaces, by every such operation, two distinct capitals, that had both been employed in... | |
| 1851 - 796 страници
...order to sell in another the produce of the industry of that country, gentrally replaces, by every such operation, two distinct capitals, that had both been employed in the agriculture and manufactures of that country, and thereby enables them to continue that employment." The capital... | |
| Nicholas Patrick Wiseman - 1852 - 726 страници
...half the encouragement to the industry ornroductive labour of the country;" and for this reason : " The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals which had both been employed in supporting productive labour,... | |
| Erasmus Peshine Smith - 1853 - 284 страници
...according to the different sorts of wholesale trade in which any part of it is employed. » « » " The capital which is employed in purchasing in one...the industry of that country, generally replaces by every such operation two distinct capitals, that had both been employed in the agriculture or manufactures... | |
| William Atkinson - 1858 - 698 страници
...transacting the commerce of foreign countries, or in carrying the surplus produce of one to another. " The capital which is employed in purchasing in one...the industry of that country, generally replaces, by every such operation, TWO distinct capitals, that had both been employed in the agriculture or manufactures... | |
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