The Social System: a Treatise on the Principle of ExchangeW. Tait, 1831 - 374 strán (strany) |
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accredited agents advantage aggregate amongst amount answer bank notes Bank of England capital cause of demand centage Chamber of Commerce chapter classes coin commercial society commodities consumed corn duction economists Edinburgh effect employed employment engraving equal establishment evil existing extent fixed foregoing forgery free trade freedom of exchange French revolutionary war George Combe gold human importance improvement increase individual industry Ireland kind land M'Culloch Malthus mankind manner manufacturing means ment merely mind national charges national debt nature necessary never object obtain occupations operation opinion Orbiston Owen paper money plan of exchange political economy population present principle produce profit prosperity quantity receive regulated remuneration rent require respective salaries says Scotland sell shew shewn shillings Social System SQUARE MILE sufficient supply suppose system of exchange taxes tendency theory thing tion trade uncon unproductive labour wages wealth whilst whole
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Strana 239 - The labour of some of the most respectable orders in the society is, like that of menial servants, unproductive of any value, and does not fix or realise itself in any permanent subject or vendible commodity, which endures after that labour is past, and for which an equal quantity of labour could afterwards be procured.
Strana 254 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society.
Strana 239 - The sovereign, for example, with all the officers both of justice and war who serve under him, the whole army and navy, are unproductive labourers. They are the servants of the public, and are maintained by a part of the annual produce of the industry of other people.
Strana 44 - A stock of goods of different kinds, therefore, must be stored up somewhere sufficient to maintain him, and to supply him with the materials and tools of his work, till such time, at least, as both these events can be brought about.
Strana 285 - A common smith, who, though accustomed to handle the hammer, has never been used to make nails, if upon some particular occasion he is obliged to attempt it, will scarce, I am assured, be able to make above two or three hundred nails in a day, and those too very bad ones.
Strana 369 - Any general character, from the best to the worst, from the most ignorant to the most enlightened, may be given to any community, even to the world at large, by the application of proper means; which means are to a great extent at the command and under the control of those who have influence in the affairs of men.
Strana 241 - He has made a distinction where there is none, and where it is not in the nature of things there can be any. The end of all human exertion is the same — that is, to increase the sum of necessaries, comforts, and enjoyments ; and it must be left to the judgment of every one to determine what proportion of these comforts he will have in the shape of menial services, and what in the shape of material products.
Strana 249 - The facility of exchanging is the vivifying principle of industry. It stimulates agriculturists to adopt the best system of cultivation and to raise the largest crops, because it enables them to exchange whatever portion of the produce of their lands exceeds their own...
Strana 240 - ... said, that the miner is a productive labourer, must we not also say the same of the servant, who is employed to make and mend the fire ' The whole of Dr Smith's reasoning proceeds on a false hypothesis. He has made a distinction where there is none, and where it is not in the nature of things there can be any.
Strana 103 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and fifthly, the probability or improbability of success in them.