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The Principles of Economical Philosophy, Volume 2,Edição 1
Henry Dunning Macleod
Visualização integral - 1875
according adopted amount Bank Bills called capital cause circulation clear coin commerce commodities conception consequence considered consumed Consumption course created Credit currency debt definition demand distinct Distribution doctrine earth Economic Quantities Economics Economists effect England equal exactly exchange existence expression fact fixed fundamental give given gold govern greater Hence human ideas importance included Incorporeal increase Inductive Italy knowledge labour land less material matter means measure method Mill mind Moral nature necessary never notes object observe obtained once original person Philosophy Physical Science Physiocrates Political Economy possess present principles profit purchase quantity reason received relation require respect result says sell shew silver simple Smith society sorts species suppose term theory things tion trade transfer true wealth weight whole writers
Página 247 - Consumption is the sole end and purpose of all production ; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Página 42 - But know, that in the soul Are many lesser faculties, that serve Reason as chief ; among these, fancy next Her office holds ; of all external things, Which the five watchful senses represent, She forms imaginations, airy shapes, Which reason, joining or disjoining, frames All what we affirm or what deny, and call Our knowledge or opinion ; then retires Into her private cell when nature rests.
Página 245 - 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.
Página 156 - The property which every man has in his own labour, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Página 259 - THERE IS ONE SORT of labour which adds to the value of the subject upon which it is bestowed: there is another which has no such effect.
Página 260 - The labour of the menial servant, on the contrary, does not fix or realize itself in any particular subject or vendible commodity. His services generally perish in the very instant of their performance, and seldom leave any trace or value behind them, for which an equal quantity of service could afterwards be procured.
Página 35 - ... which make those men that take their instruction from the authority of books and not from their own meditation to be as much below the condition of ignorant men as men endued with true science are above it.
Página 304 - ... is to be counted into the bread we eat; the labour of those who broke the oxen, who digged and wrought the iron and stones, who felled and framed the timber employed about the plough, mill, oven, or any other utensils, which are a vast number, requisite to this corn, from its...
Página 75 - Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects: first, to provide a plentiful revenue or subsistence for the people, or more properly to enable them to provide such a revenue or subsistence for themselves; and second, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.
Página 130 - Fourthly, of the acquired and useful abilities of all the inhabitants or members of the society. The acquisition of such talents, by the maintenance of the acquirer during his education, study, or apprenticeship, always costs a real expense, which is a capital fixed and realized, as it were, in his person.