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accumulation Adam Smith agriculture amount Belgium capital cent century cloth combination command commerce competition condition consequence constant increase consumer consumption cotton cultivation decline demand diminishing diminution direction earth effect effort employment enabled England Europe exhibited existence fact faculties finished commodities fixed property force France freedom Germany gradually greater growing growth of wealth human improvement India indirect taxation Ireland J. S. MILL Jamaica land and labor latter less look Malthus manufactures ment movable nations nature nature's services necessity obtain owner perfect poorer population portion Portugal potential energy power of association profits proportion borne proprietors purchase quantity rate of profit ratio raw materials reader rent result return to labor Ricardo Russia slave slavery societary society steadily supply of food taxation tendency tends tion trade Turkey wages waste Wealth of Nations whole
183 psl. - The school-boy whips his taxed top the beardless youth manages his taxed horse, with a taxed bridle on a taxed road ; and the dying Englishman pouring his medicine, which has paid seven per cent.
134 psl. - ... difference in their productive powers. At the same time, the rent of the first quality will rise, for that must always be above the rent of the second, by the difference between the produce which they yield with a given quantity of capital and labour. 'With every step in the progress of population...
418 psl. - But it cannot be expected that individuals should, at their own risk, or rather to their certain loss, introduce a new manufacture, and bear the...
418 psl. - The superiority of one country over another in a branch of production, often arises only from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority of acquired skill and experience. A country which has this skill and experience yet to acquire, may in other respects be better adapted to the production than those which were earlier in the field...
167 psl. - sacredness of property " is talked of, it should always be remembered, that any such sacredness does not belong in the same degree to landed property. No man made the land. It is the original inheritance of the whole species. Its appropriation is wholly a question of general expediency. When private property in land is not expedient, it is unjust.
68 psl. - No regulation of commerce can increase the quantity of industry in any society beyond what its capital can maintain. It can only divert a part of it into a direction into which it might not otherwise have gone; and it is by no means certain that this artificial direction is likely to be more advantageous to the society than that into which it would have gone of its own accord.
332 psl. - That the condition of the lower multitude of English labourers approximates more and more to that of the Irish competing with them in all markets; that whatsoever labour, to which mere strength with little skill will suffice, is to be done, will be done not at the English price, but at an approximation to the Irish price : at a price superior as yet to the Irish, that is, superior to scarcity of third-rate potatoes for thirty weeks yearly ; superior, yet hourly, with the arrival of every new steamboat,...
339 psl. - The cause to which I allude is the constant tendency in all animated life to increase beyond the nourishment prepared for it.
68 psl. - ... the general industry of the society, or to give it the most advantageous direction, is not, perhaps, altogether so evident. The general industry of the society never can exceed what the capital of the society can employ. As the number of workmen that can be kept in employment by any particular person must bear a certain proportion to his capital, so the number of those that can be continually employed by all the members of a great society must bear a certain proportion to the whole capital of...