The Elements of Political EconomyGould and Lincoln, 1858 - 406 pages |
Contents
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Common terms and phrases
able advantage amount of labor amount of value annual bank benefit borrow bushels capitalist cent cheaper circulating capital circulating medium cloth commodity consumed consumption cost cotton course create demand diminished division of labor duction effect employed employment enabled equal eral evident exchangeable value expense exports fixed capital frequently gratify greater greatly Hence human industry hundred dollars important inasmuch increased individual invest iron Julius Cæsar land laws less liable loan machinery manner manufactures means means of happiness ment merchant millions mode nation natural agents necessary number of laborers obliged operation paid payment persons Political Economy portion possess precious metals principles procure production profit proportion purchase purpose quired rate of interest receive render result rich rise risk sand dollars sell silver skill society specie supply Suppose thing thousand dollars tion transportation vidual wants wheat whole worth
Popular passages
Page 72 - By his admirable contrivance, it has become a thing stupendous alike for its force and its flexibility — for the prodigious power which it can exert, and the ease, and precision, and ductility with which that power can be varied, distributed and applied. The trunk of an elephant, that can pick up a pin or rend an oak, is as nothing to it.
Page 105 - Seest thou a man diligent in his business? he shall stand before kings ; he shall not stand before mean men...
Page 188 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Page 1 - His object has been to write a book, which, any one who chooses may understand. He has, therefore, labored to express the general principles in the plainest manner possible, and to illustrate them by cases with which every person is familiar. It has been to the author a source of regret, that the course of discussion in the following pages, has, unavoidably, led him over ground which has frequently been the arena of political controversy.
Page 77 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Page 404 - PRINCIPLES OF ZOOLOGY; Touching the Structure, Development, Distribution, and Natural Arrangement, of the RACES OF ANIMALS, living and extinct, with numerous Illustrations. For the use of Schools and Colleges.
Page 3 - ... led him over ground which has frequently been the arena of political controversy. In all such cases, he has endeavored to state what seemed to him to be truth, without fear, favor, or affection. He is conscious to himself of no bias towards any party whatever, and he thinks that he who will read the whole work, will be convinced that he has been influenced by none.
Page 72 - But these are poor and narrow views of its importance. It has increased indefinitely the mass of human comforts and enjoyments, and rendered cheap and accessible, all over the world, the materials of wealth and prosperity.