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Adam Smith adopted agricultural amount bonus British cause cent civilisation classes coal compared competition considered contract dead capital Delagoa Bay difficulty doubt earnings economic economists employers employment equally especially estimate evils example fact freedom freedom of contract Giffen's give Government greater human idea ideal importance income increase interest J. S. Mill journalist kind land leaders living capital living wage look mass masters material wealth means ment method millions moral nation natural obtained opinion ordinary pauperism perfect competition persons political economy practical present principle production profit-sharing profits progress question rate of wages realise REESE LIBRARY regards remedy result rise seems sense simply skill slavery slaves social society strike supposed taxation term theory things tion Trade Unions United Kingdom UNIVERSITY OF CALIFORNIA various villein whilst Whitwood whole workmen Zanzibar
73 psl. - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make fortunes.
71 psl. - But little do men perceive what solitude is, and how far it extendeth. For a crowd is not company, and faces are but a gallery of pictures, and talk but a tinkling cymbal, where there is no love.
97 psl. - ... expense, which is a capital fixed and realized, as it were, in his person. Those talents, as they make a part of his fortune, so do they likewise of that of the society to which he belongs. The improved dexterity of a workman may be considered in the same light as a machine or instrument of trade which facilitates and abridges labour, and which, though it costs a certain expense, repays that expense with a profit.
152 psl. - You ask me, why, tho' ill at ease, Within this region I subsist, Whose spirits falter in the mist, And languish for the purple seas. It is the land that freemen till, That sober-suited Freedom chose, The land, where girt with friends or foes A man may speak the thing he will ; A land of settled government, A land of just and old renown, Where Freedom...
169 psl. - But one of the first and most leading principles on which the commonwealth and the laws are consecrated is lest the temporary possessors and life-renters in it, unmindful of what they have received from their ancestors, or of what is due to their posterity, should act as if they were the entire masters...
97 psl. - Fourthly, of the acquired and useful abilities of all the inhabitants or members of the society. The acquisition of such talents, by the maintenance of the acquirer during his education, study, or apprenticeship, always costs a real expense, which is a capital fixed and realised, as it were, in his person. Those talents, as they make a part of his fortune, so do they likewise of that of the society to which he belongs.
170 psl. - By this unprincipled facility of changing the state as often and as much and in as many ways as there are floating fancies or fashions, the whole chain and continuity of the commonwealth would be broken. No one generation could link with the other. Men would become little better than the flies of a summer.