The Elements of Political EconomySheldon, 1875 |
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able accomplish accumulation advantage amount of labor annual bank benefit bushels capitalist cent cheaper circulating capital circulating medium cloth coin commodities consumed consumption cost cotton course create demand diminished division of labor duction duty effect employed employment enabled equal evident exchangeable value exerted expense exports fixed capital frequently gratify greater greatly Hence human industry hundred dollars important improvement inasmuch individual indolence instrument intellectual invest iron Julius Cæsar kind land laws less liable loan machinery manner manufactures means ment merchant millions mode nation natural agents necessary number of laborers obliged operation paid persons portion possess precious metals principles procure profit proportion purchase purpose quantity rate of profit receive render result rich rise sand dollars sell silver skill society specie steam steam engine supply Suppose thing thousand dollars tion transportation vidual wages wants wheat whole worth
Popularne fragmenty
Strona 107 - Seest thou a man diligent in his business? he shall stand before kings ; he shall not stand before mean men...
Strona 79 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Strona 3 - His object has been to write a book, which, any one who chooses may understand. He has, therefore, labored to express the general principles in the plainest manner possible, and to illustrate them by cases with which every person is familiar. It has been to the author a source of regret, that the course of discussion in the following pages, has, unavoidably, led him over ground which has frequently been the arena of political controversy.
Strona 74 - But these are poor and narrow views of its importance. It has increased indefinitely the mass of human comforts and enjoyments, and rendered cheap and accessible, all over the world, the materials of wealth and prosperity.
Strona 74 - It can engrave a seal, and crush masses of obdurate metal before it, — draw out, without breaking, a thread as fine as gossamer, and lift up a ship of war like a bauble in the air.
Strona 5 - ... led him over ground which has frequently been the arena of political controversy. In all such cases, he has endeavored to state what seemed to him to be truth, without fear, favor, or affection. He is conscious to himself of no bias towards any party whatever, and he thinks that he who will read the whole work, will be convinced that he has been influenced by none.
Strona 74 - There is no branch of industry that has not been indebted to them ; and, in all the most material, they have not only widened most magnificently the field of its exertions, but multiplied a thousand-fold the amount of its productions.
Strona 4 - The principles of Political Economy are so closely analogous to those of Moral Philosophy, that almost every question in the one, may be argued on grounds belonging to the other.
Strona 74 - ... and lift a ship of war like a bauble in the air. It can embroider muslin...