addition advances advantage agricultural amount bank become benefit bills called capital cause circulation circumstances cloth commodities condition consequences considerable considered consumers continue corn cost cost of production currency debt demand depend desire diminished duty effect employed enable England equal equivalent exchange existing expense exports extent fact fall foreign France gain Germany give given gold greater ground hand imports improvement income increase individual industry interest issue kind labour land least less limited linen lower manner means ment metals mode natural necessary notes object obtain operations paid payment persons population portion practical present principle produce profits progress proportion purchase quantity question raise reason receive rent respect rise saving speculation sufficient supply suppose taxation things tion trade wages wanted whole yards
484 psl. - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
121 psl. - It is hardly possible to overrate the value, in the present low state of human improvement, of placing human beings in contact with persons dissimilar to themselves, and with modes of thought and action unlike those with which they are familiar.
506 psl. - Experience, however, proves that the depositaries of power who are mere delegates of the people, that is of a majority, are quite as ready (when they think they can count on popular support) as any organs of oligarchy, to assume arbitrary power, and encroach unduly on the liberty of private life.
349 psl. - The certainty of what each individual ought to pay is, in taxation, a matter of so great importance, that a very considerable degree of inequality, it appears, I believe, from the experience of all nations, is not near so great an evil as a very small degree of uncertainty.
512 psl. - Letting alone, in short, should be the general practice: every departure from it, unless required by some great good, is a certain evil.
122 psl. - ... it may be said without exaggeration that the great extent and rapid increase of international trade, in being the principal guarantee of the peace of the world, is the great permanent security for the uninterrupted progress of the ideas, the institutions, and the character of the human race.
348 psl. - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
348 psl. - The tax which each individual is bound to pay ought to be certain and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor and to every other person.
247 psl. - ... the unlimited, growth of man's power over nature. Our knowledge of the properties and laws of physical objects shows no sign of approaching its ultimate boundaries: it is advancing more rapidly, and in a greater number of directions at once, than in any previous age or generation, and affording such frequent glimpses of unexplored fields beyond, as to justify the belief that our acquaintance with nature is still almost in its infancy.