A Preliminary Essay Prefixed to the American Edition of List's National System of Political Economy

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Lippincott, 1867 - 22 páginas
 

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Página lxxvii - I" comprises the States of Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Rhode Island, New York, New Jersey, Pennsylvania, Maryland, Delaware, West Virginia, Virginia, North Carolina, South Carolina, Georgia, and Florida, and the District of Columbia; (c) "Districts II-IV" means all of the States of the United States except those States within District I and District V; (d) "Districts I-IV...
Página xvii - The conclusions of Political Economy, consequently, like those of geometry, are only true, as the common phrase is, in the abstract ; that is, they are only true under certain suppositions, in which none but general causes— causes common to the whole class of cases under consideration — are taken into the account.
Página xlv - To determine the laws which regulate this distribution, is the principal problem in Political Economy : much as the science has been improved by the writings of Turgot, Stuart, Smith, Say, Sismondi, and others, they afford very little satisfactory information respecting the natural course of rent, profit, and wages.
Página li - The questions — to what extent and under what circumstances the possession of wealth is, on the whole, beneficial or injurious to its possessor, or to the society of which he is a member ? What distribution of wealth is most desirable in each different state of society ? And what are the means by which any given country can facilitate such a distribution ? — all these are questions of great interest and difficulty, but no more form part of the science of Political Economy, in the sense in which...
Página xlv - The produce of the earth— all that is derived from its surface by the united application of labour, machinery and capital, is divided among three classes of the community, namely the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.
Página lv - For practical purposes, political economy is inseparably intertwined with many other branches of social philosophy. Except on matters of mere detail, there are perhaps no practical questions, even among those which approach nearest to the character of purely economical questions, which admit of being decided on economical premises alone.
Página xvi - The science which traces the laws of such of the phenomena of society as arise from the combined operations of mankind for the production of wealth, in so far as those phenomena are not modified by the pursuit of any other object.
Página xvi - Everything which can possibly happen in which man and external things are jointly concerned, results from the joint operation of a law or laws of matter, and a law or laws of the human mind.
Página xvi - It is concerned with him solely as a being who desires to possess wealth, and who is capable of judging of the comparative efficacy of means for obtaining that end. It predicts only such of the phenomena of the social state as take place in consequence of the pursuit of wealth. It makes entire abstraction of every other human passion or motive; except those which may be regarded as perpetually...
Página xlv - The natural price of labor is that price which is necessary to enable the laborers, one with another, to subsist and to perpetuate their race, without either increase or diminution.

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