Essays in Political Economy: Theoretical and Applied

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Macmillan and Company, 1873 - 371 sayfa
 

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Sayfa 289 - 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. What every thing is really worth to the man who has acquired it, and who wants to dispose of it or exchange it for something else, is the toil and trouble which it can save to himself, and which it can impose upon other people.
Sayfa 305 - Influence of the Progress of Society on Production and Distribution." In such instances, then, we find a "rational filiation" established in the succession of economic influences. But does it amount to prevision of the actual order of economic events, and would it justify a distinct prediction of a remote economic result? At this point I think the answer must be in the negative ; and for this reason : the...
Sayfa 263 - That man, I think, has had a liberal education, who has been so trained in youth that his body is the ready servant of his will, and does with ease and pleasure all the work that, as a mechanism, it is capable of ; whose intellect is a clear, cold, logic engine, with all its parts of equal strength...
Sayfa 256 - I said, standing neutral between competing social schemes ; neutral, as the science of Mechanics stands neutral between competing plans of railway construction, in which expense, for instance, as well as mechanical eff1ciency, is to be considered ; neutral, -as Chemistry stands neutral between competing plans of sanitary improvement ; as Physiology stands neutral between opposing systems of medicine. It supplies the means, or, more correctly, a portion of the means, for estimating all ; it refuses...
Sayfa 262 - Nature's discipline is not even a word and a blow, and the blow first— but the blow without the word. It is left to you to find out why your ears are boxed.
Sayfa 315 - ... otherwise pay. It is as perfect and complete as it can be, when the donor (like the sun in furnishing us with light) asks us for nothing. The question, and we ask it formally, is this: Do you desire for our country the benefit of gratuitous consumption, or the pretended advantages of onerous production ? Make your choice, but be logical; for as long as you exclude as you do, coal, iron, corn, foreign fabrics in proportion as their price approximates to zero, what inconsistency would it be to...
Sayfa 315 - And first, if you shut up as much as possible all access to natural light, and create a demand for artificial light, which of our French manufactures will not be encouraged by it ? If more tallow is consumed, then there must be more oxen and sheep; and consequently, we shall behold the multiplication of artificial meadows, meat, wool, hides, and above all manure, which is the basis and foundation of all agricultural wealth.
Sayfa 63 - ... manufactures — that the contraction of supply will be most difficult ; and this, it will be observed, is also the kind of commodities for extending the supply of which the facilities are greatest. While, therefore, manufactured articles can never be very long in advance of the general movement of prices, they may, of all commodities, be the longest in arrear of it."— [P.
Sayfa 189 - Sustained by some of the greatest names — I will say by every name of the first rank in Political Economy, from Turgot and Adam Smith to Mill — I hold that the land of a country presents conditions which separate it economically from the great mass of the other objects of wealth...
Sayfa 257 - Under this impression, some social reformers, whose ideal of industrial life involves a modification of our existing system, have thought themselves called upon to denounce and deride economic science, as forsooth seeking to stereotype the existing forms of industrial life, and of course therefore opposed to their views. But this is a complete mistake. Economic science has no more connection with our present industrial system than the science of mechanics has with our present system of railways.

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