 What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity cheaper than we ourselves can make it, better buy it of them with some part of the produce of our...  The Works of David Ricardo - Page 180by David Ricardo, John Ramsay McCulloch - 1886 - 584 pagesFull view - About this book
 | Edwin Burgis - Great Britain - 1895 - 276 pages
...demonstrate the wwsoundness of my argument. If you succeed, then I will say Amen to the Free Trade formula: ' If a foreign country can supply us with a commodity...we ourselves can make it, better buy it of them.' At the present time, I hold that Free Trade represents only the interests of the consumer, and that... | |
 | Charles Dudley Warner - Literature - 1896 - 498 pages
...is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more... | |
 | Thomas S. Blair - Economics - 1896 - 596 pages
...nation: the contrariety of interests being as marked in importance as it is nnmistakable as a fact. " If a foreign country can supply us with a commodity cheaper than we ourselves can make it," etc., says the expounder. Now we know very well the manner in which the estimate of cost here is intended... | |
 | Literature - 1901 - 686 pages
...is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more... | |
 | Leo Petritsch - Balance of trade - 1902 - 220 pages
...Vgl. schon Smith, Wealth of nations, p. 346: „If a foreign country can supply us with a oommodity cheaper than we ourselves can make it, better buy...some advantage. The general industry of the country being always in proportion to the capital which employs it, will not thereby be diminished but only... | |
 | David Ricardo - Economics - 1903 - 946 pages
...employed in preparing the goods with which these eighty-two thousand hogsheads are annually purchased." ' But could not this portion of the productive labour...ourselves can make it, better buy it of them with some >art of the produce of our own industry, employed in a ray in which we have some advantage. The general... | |
 | Francis Wrigley Hirst - Economists - 1904 - 268 pages
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...employed in a way in which we have some advantage." Capital and industry are certainly not employed to the greatest advantage when they are directed to... | |
 | Algernon Methuen - Free trade - 1905 - 136 pages
...is prudence in the conduct of every private family can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...employed in a way in which we have some advantage." No one has preached with clearer emphasis than you the doctrine of the open door. For what did we send... | |
 | Oliver Joseph Thatcher - Encyclopedias and dictionaries - 1907 - 484 pages
...is prudence in the conduct of every private family, can scarce be folly in that of a great kingdom. If a foreign country can supply us with a commodity...some advantage. The general industry of the country, being always in proportion to the capital which employs it, will not thereby be diminished, no more... | |
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