Conversations on Political Economy: In which the Elements of that Science are Familiarly Explained |
From inside the book
Results 1-5 of 51
Page 18
... rich , very rich , richer than other people , seems to be the great aim of political economy . Whilst religion and morality teach us that we should moderate the thirst of gain , for inordinate love of wealth is the source of all crimes ...
... rich , very rich , richer than other people , seems to be the great aim of political economy . Whilst religion and morality teach us that we should moderate the thirst of gain , for inordinate love of wealth is the source of all crimes ...
Page 19
... rich and vicious one . What remarkable examples do we not see of this in history . We are taught to admire the Greek republics , who despised the pomp and luxury of wealth . then the Romans ; during the early part of their his- tory ...
... rich and vicious one . What remarkable examples do we not see of this in history . We are taught to admire the Greek republics , who despised the pomp and luxury of wealth . then the Romans ; during the early part of their his- tory ...
Page 21
... rich is to have a great income ; to be able to spend a great deal more than other people . MRS . B. You speak of the riches of individuals ; of com- parative wealth . A rich man in one class of society might be poor in another . But ...
... rich is to have a great income ; to be able to spend a great deal more than other people . MRS . B. You speak of the riches of individuals ; of com- parative wealth . A rich man in one class of society might be poor in another . But ...
Page 23
... rich pastures called the Pampas , in South America , are of this description . Many of those extensive tracts of land are uninhabited , and the cattle that range at large over them are of no value there . Parties of hunters occasionally ...
... rich pastures called the Pampas , in South America , are of this description . Many of those extensive tracts of land are uninhabited , and the cattle that range at large over them are of no value there . Parties of hunters occasionally ...
Page 32
... rich , it makes others poor . Now what right has the law to dispossess some in order to enrich others ? It should be just , before it is generous . This objection , however , does not extend to any other than landed property ; nothing ...
... rich , it makes others poor . Now what right has the law to dispossess some in order to enrich others ? It should be just , before it is generous . This objection , however , does not extend to any other than landed property ; nothing ...
Common terms and phrases
66 CAROLINE accumulation Adam Smith advantage afford agriculture amongst augmentation better bills bills of exchange branch of industry bread capitalist certainly circulating circulating capital civilisation cloth lettered commerce commodities consequence considered consumed corn cost of production cultivation demand for labour depreciation derived diminish distress division of labour Edition effect employed enable England equal exchangeable value expense export farm farmer foreign gold and silver improvement income increase inferior soils interest J. C. LOUDON labouring classes landed property landlord laws less luxury machinery maintenance manufactures means ment merchants natural value necessary observed obtain plenty political economy poor population Portugal possession procure proportion proprietor purchase quantity raise the price rate of profit rate of wages raw produce render rent rich rise Russia savage scarce scarcity sell shillings Spain specie subsistence supply suppose surplus things tion tivation trade true value of money vols wealth whilst workmen
Popular passages
Page 63 - One man draws out the wire, another straights it, a third cuts it, a fourth points it, a fifth grinds it at the top for receiving the head ; to make the head requires two or three distinct operations ; to put it on is a peculiar business, to whiten the pins is another ; it is even a trade by itself to put them into the paper ; and the important business of making a pin is, in this manner, divided into about eighteen distinct operations, which, in some manufactories, are all performed by distinct...
Page 63 - Those ten persons, therefore, could make among them upwards of forty-eight thousand pins in a day. Each person, therefore, making a tenth part of forty-eight thousand pins, might be considered as making four thousand eight hundred pins in a day. But if they had all wrought separately and independently...
Page 62 - But in the way in which this business is now carried on, not only the whole work is a peculiar trade, but it is divided into a number of branches, of which the greater part are likewise peculiar trades.
Page 142 - And while he sinks without one arm to save, The country blooms — a garden and a grave ! Where then, ah ! where shall poverty reside, To 'scape the pressure of contiguous pride? If to some common's fenceless limits stray'd, He drives his flock to pick the scanty blade, Those fenceless fields the sons of wealth divide, And e'en the bare-worn common is denied.
Page 392 - The man of wealth and pride Takes up a space that many poor supplied; Space for his lake, his park's extended bounds, Space for his horses, equipage, and hounds; The robe that wraps his limbs in silken sloth Has robb'd the neighbouring fields of half their growth; His seat, where solitary sports are seen, Indignant spurns the cottage from the green...
Page 62 - ... the accommodation of an European prince does not always so much exceed that of an industrious and frugal peasant, as the accommodation of the latter exceeds that of many an African king, the absolute master of the lives and liberties of ten thousand naked savages.