Conversations on Political Economy: In which the Elements of that Science are Familiarly Explained |
From inside the book
Results 1-5 of 47
Page 4
... understand this question without some knowledge of the principles of political economy . CAROLINE . I am very sorry to hear that , for I confess that I have a sort of antipathy to political economy . Are you sure that political economy ...
... understand this question without some knowledge of the principles of political economy . CAROLINE . I am very sorry to hear that , for I confess that I have a sort of antipathy to political economy . Are you sure that political economy ...
Page 14
... understand what it is . Cannot you give me a short explanation of it , that I may have some clear ideas to begin with ? MRS . B. I once heard a lady ask a philosopher to tell her in a few words what is meant by political economy . Madam ...
... understand what it is . Cannot you give me a short explanation of it , that I may have some clear ideas to begin with ? MRS . B. I once heard a lady ask a philosopher to tell her in a few words what is meant by political economy . Madam ...
Page 19
... understand it better , you will find that your censure is unfounded . At present you must take my word for it , as I cannot show you the benefits arising from just principles of political economy before you are acquainted with the ...
... understand it better , you will find that your censure is unfounded . At present you must take my word for it , as I cannot show you the benefits arising from just principles of political economy before you are acquainted with the ...
Page 21
... understand by riches in general - in what does wealth consist ? CAROLINE . Oh , I suppose , you mean money ? —I should say that wealth consists in gold and silver . - MRS . B. Consider what would be the situation of a country which ...
... understand by riches in general - in what does wealth consist ? CAROLINE . Oh , I suppose , you mean money ? —I should say that wealth consists in gold and silver . - MRS . B. Consider what would be the situation of a country which ...
Page 58
... understand the advantage that results from barter , independently of its inspiring a spirit of industry and a taste for a variety of enjoy- ments . The artist who has acquired a superior degree of excellence in the fabrication of bows ...
... understand the advantage that results from barter , independently of its inspiring a spirit of industry and a taste for a variety of enjoy- ments . The artist who has acquired a superior degree of excellence in the fabrication of bows ...
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.