Political Economy for BeginnersMacmillan, 1876 - 231 pages |
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Page 15
... paid at the rate of £ 3 per week , were obliged to perform operations which could be equally well done by a boy receiving 8s . or 9s . a week . Free Trade a division of Labour . The division of labour is a great subject , and should be ...
... paid at the rate of £ 3 per week , were obliged to perform operations which could be equally well done by a boy receiving 8s . or 9s . a week . Free Trade a division of Labour . The division of labour is a great subject , and should be ...
Page 25
... was more apparent ; because farmers , instead of paying their labourers in money , paid them by giving them so much corn , potatoes , beer , cider , etc. This was called paying " in kind . " A CHAP . III . ] 25 ON CAPITAL .
... was more apparent ; because farmers , instead of paying their labourers in money , paid them by giving them so much corn , potatoes , beer , cider , etc. This was called paying " in kind . " A CHAP . III . ] 25 ON CAPITAL .
Page 26
... paid in money ; this money is the representative of wealth previously accumulated , and renders the same assistance to future production as the food with which the labourer was formerly remunerated . Let it then be remembered that the ...
... paid in money ; this money is the representative of wealth previously accumulated , and renders the same assistance to future production as the food with which the labourer was formerly remunerated . Let it then be remembered that the ...
Page 42
... paid in this way only seem to care how little work they can do , and at the same time avoid dismissal . The remuneration of many of the servants of the state does not depend upon work done . Clergymen and even minis- ters of state ...
... paid in this way only seem to care how little work they can do , and at the same time avoid dismissal . The remuneration of many of the servants of the state does not depend upon work done . Clergymen and even minis- ters of state ...
Page 53
... paid ; it would then be to the advantage of the person who had incurred the debt to discharge it in silver instead of gold . But , as previously shown , if the standard of value fluctuates between the incur- ring of a debt and the ...
... paid ; it would then be to the advantage of the person who had incurred the debt to discharge it in silver instead of gold . But , as previously shown , if the standard of value fluctuates between the incur- ring of a debt and the ...
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Common terms and phrases
advantage agricultural produce amount Bank Charter Act Bank of England bills of exchange Cambridge capital and labour capitalist causes cent cheques circulating capital circumstances classes cloth coal College commodities competition consequently consumed corn corn laws cost of production cotton Crown 8vo decrease demand division of labour economic economic rent effect employed employers employment English example exchange value exports Extra fcap farm farmer foreign France gold and silver illustration imports income income-tax increased industry instance labour and capital land landlord levied London manufactured margin of cultivation modities obtain Owens College paid poor rate population price of agricultural production of wealth Professor profits of capital purchase quantity rate of interest rate of profit rate of wages regulated rent School Second Edition Shew supply supposed taxation tenant tion trade value of gold value of money wages and profits wages of labour wages-fund wheat workmen
Popular passages
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