First Principles of Political Economy: With Reference to Statesmanship and the Progress of Civilization |
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Page 9
... to each other , Rent , wages , and profit , The contract between the parties , The law of supply and demand , The fact of competition , 142 · 142 145 · 146 · 147 148 149 150 The effect of these laws on prices , 153 May CONTENTS . 9.
... to each other , Rent , wages , and profit , The contract between the parties , The law of supply and demand , The fact of competition , 142 · 142 145 · 146 · 147 148 149 150 The effect of these laws on prices , 153 May CONTENTS . 9.
Page 20
... fact no law can be proved a posteriori , that is , from a mere gathering and comparing of facts . In all such attempts there is an assumption , tacitly made and often without the slightest suspicion of the fact that any such assumption ...
... fact no law can be proved a posteriori , that is , from a mere gathering and comparing of facts . In all such attempts there is an assumption , tacitly made and often without the slightest suspicion of the fact that any such assumption ...
Page 21
... facts are to a law , and both facts and law are to science . If we know the cause or causes of any motion or movement ; where they are situated , how and in what direction and with what force they act , we can determine the line along ...
... facts are to a law , and both facts and law are to science . If we know the cause or causes of any motion or movement ; where they are situated , how and in what direction and with what force they act , we can determine the line along ...
Page 23
... that I shall specify , is the one already alluded to in speaking of the method that has been proposed . It has been regarded as pre - eminently a science of observations and facts . But the facts are INTRODUCTION . 23.
... that I shall specify , is the one already alluded to in speaking of the method that has been proposed . It has been regarded as pre - eminently a science of observations and facts . But the facts are INTRODUCTION . 23.
Page 24
... facts . But the facts are so numerous , so complicated , that the opportunity for mistake and error , that always exists in a positive science , becomes not only a probability , but almost an inevitable necessity in this case . 8 ...
... facts . But the facts are so numerous , so complicated , that the opportunity for mistake and error , that always exists in a positive science , becomes not only a probability , but almost an inevitable necessity in this case . 8 ...
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Common terms and phrases
aggregate wealth agricultural amount of labor average cost bank banker become bills capital capitalist cent cheaper circulation civilization clothing coin commercial centre commodities considered consumer consumption cost of reproduction cost of transportation course crease cultivation distributive wealth division of labor dollars duction effect Engineer equal exchangeable value fact forces of nature free trade gold and silver greater Hence human labor hundred Illustrated improvement increase of population increment intrinsic value John Stuart Mill kind land law of supply less limit loans and discounts machinery manu manufacture means nation needed paper persons Political Economy Practical produce product of labor proportion protection quantity raise rate of increase rate of interest rate of profit ratio reduce regard rent result rich safe men saving sell supply and demand suppose tariff thing tion Treatise wages wants wheat
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