Principles of Political EconomyKelley, 1837 - Economics |
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Page vi
... equal ' to his own , he cannot help the obvious inference , that in his ' own opinions it is next to impossible that there is not an ad- ' mixture of error ; that there is an infinitely greater probability ' of his being wrong in some ...
... equal ' to his own , he cannot help the obvious inference , that in his ' own opinions it is next to impossible that there is not an ad- ' mixture of error ; that there is an infinitely greater probability ' of his being wrong in some ...
Page 8
... , and if B. had not attached to it equal value , he would not have devoted the time necessary for taking as many turkeys as would enable him to obtain it in exchange from A. If , instead of finding a neighbour , A. had OF VALUE .
... , and if B. had not attached to it equal value , he would not have devoted the time necessary for taking as many turkeys as would enable him to obtain it in exchange from A. If , instead of finding a neighbour , A. had OF VALUE .
Page 11
... equal amount of labour , it will be more advantageous for them to do so , than to employ the same time in the ... equal - each possessing the same machinery , -the labour of each would be of equal value , and the average pro- duce of a ...
... equal amount of labour , it will be more advantageous for them to do so , than to employ the same time in the ... equal - each possessing the same machinery , -the labour of each would be of equal value , and the average pro- duce of a ...
Page 17
... equal to that which had before existed , or until the supply should be reduced to meet the demand . There is no commodity , uniform in its cost of production , that can be taken as the standard of comparison . Those usually adopted by ...
... equal to that which had before existed , or until the supply should be reduced to meet the demand . There is no commodity , uniform in its cost of production , that can be taken as the standard of comparison . Those usually adopted by ...
Page 22
... equal . The supply of each may be increased by human exertion ⚫ to an indefinite extent ; but it requires about three times as much ' exertion to produce a coat as to produce a waistcoat . As the obsta- ' cle , therefore , which limits ...
... equal . The supply of each may be increased by human exertion ⚫ to an indefinite extent ; but it requires about three times as much ' exertion to produce a coat as to produce a waistcoat . As the obsta- ' cle , therefore , which limits ...
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Common terms and phrases
accumulation acres advantages agriculture amount annum applied average bank Bank of England Britain bushels canals capitalist cause cent commodities compelled condition consequence constant constantly increasing corn cost cotton cultivation diminished diminution dollars employed employment enabled Encyclopædia Britannica England equal estimated exchange exist expenditure expense export farm fertile land former France give greater half hundred quarters Ibid improvement increase of population India inferior soils interest invested Ireland latter laws less machinery manufactures marriages Massachusetts ment millions nearly necessary obtain paid period persons Political Economy possession pounds pounds sterling present product of labour profits proportion purchase quantity of labour rail roads rate of profit raw produce received rendered rent return to labour revenue rupees Scotland security of person square mile subsistence supposed taxes tends tion tivation trade United wages wealth wheat whole yield
Popular passages
Page 187 - Rent is that portion of the produce of the earth which is paid to the landlord for the use of the original and indestructible powers of the soil.
Page 10 - In the name of God, amen. We whose names are underwritten, the loyal subjects of our dread sovereign Lord King James, by the grace of God of Great Britain, France, and Ireland King, Defender of the Faith, etc., having undertaken, for the glory of God and advancement of the Christian faith and honor of our king and country, a voyage to plant the first colony in the northern parts of Virginia...
Page 10 - God and one of another, covenant and combine ourselves together into a civil body politic, for our better ordering and preservation and furtherance of the ends aforesaid; and by virtue hereof to enact, constitute, and frame such just and equal laws, ordinances, acts, constitutions, and offices, from time to time, as shall be thought most meet and convenient for the general good of the colony, unto which we promise all due submission and obedience.
Page 190 - It is only, then, because land. is not unlimited in quantity and uniform in quality, and because, in the progress of population, land of an inferior quality, or less advantageously situated, is called into cultivation, that rent is ever paid for the use of it.
Page 310 - Men are much more likely to discover easier and readier methods of attaining any object when the whole attention of their minds is directed towards that single object than when it is dissipated among a great variety of things. But in consequence of the division of labour...
Page 310 - ... the increase of dexterity in every particular workman; secondly, to the saving of time, which is commonly lost in passing from one species of work to another; and, lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Page 57 - We will suppose the means of subsistence in any country just equal to the easy support of its inhabitants. The constant effort towards population, which is found to act even in the most vicious societies, increases the number of people before the means of subsistence are increased.
Page 459 - Whilst we follow them among the tumbling mountains of ice, and behold them penetrating into the deepest frozen recesses of Hudson's Bay and Davis's Straits, whilst we are looking for them beneath the arctic circle, we hear that they have pierced into the opposite region of polar cold, that they are at the antipodes, and engaged under the frozen serpent of the south.
Page 241 - ... any body politic or corporate whatsoever, erected or to be erected, or for any other persons whatsoever united or to be united in covenants or partnership, exceeding the number of six persons, in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable at demand, or at any less time than six months from the borrowing thereof...
Page 459 - Nor is the equinoctial heat more discouraging to them than the accumulated winter of. both the Poles. We know that whilst some of them draw the line and strike the harpoon on the coast of Africa, others run the longitude, and pursue their gigantic game, along the coast of Brazil.