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Excerpt from The Postulates of English Political Economy Mr. Bagehot left behind him some materials for a book which promised to make a landmark in the history of economics, by separating the use of the older, or Ricardian, economic reasonings from their abuse, and freeing them from the discredit into which they had fallen through being often misapplied. Unfortunately, he did not complete more than the examination of two of their postulates - the transferability of labour and capital. But these he treated with so much sagacity and suggestiveness as to give us great help in dealing with the others, and I have long been anxious that what he wrote about them should be published in a cheap form, so as to have a wide circulation among students. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis The Postulates of English Political Economy (Classic Reprint) by : Walter Bagehot
Download or read book The Postulates of English Political Economy (Classic Reprint) written by Walter Bagehot and published by . This book was released on 2015-07-04 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Postulates of English Political Economy Mr. Bagehot left behind him some materials for a book which promised to make a landmark in the history of economics, by separating the use of the older, or Ricardian, economic reasonings from their abuse, and freeing them from the discredit into which they had fallen through being often misapplied. Unfortunately, he did not complete more than the examination of two of their postulates - the transferability of labour and capital. But these he treated with so much sagacity and suggestiveness as to give us great help in dealing with the others, and I have long been anxious that what he wrote about them should be published in a cheap form, so as to have a wide circulation among students. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Postulates of English Political Economy by : Walter Bagehot
Download or read book The Postulates of English Political Economy written by Walter Bagehot and published by Sagwan Press. This book was released on 2015-08-22 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Postulates of English Political Economy by : Walter Bagehot
Download or read book The Postulates of English Political Economy written by Walter Bagehot and published by . This book was released on 1885 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Postulates of English Political Economy by : Walter Bagehot
Download or read book The Postulates of English Political Economy written by Walter Bagehot and published by . This book was released on 2020-03-31 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:
This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Postulates of English Political Economy by : Bagehot Walter
Download or read book The Postulates of English Political Economy written by Bagehot Walter and published by Legare Street Press. This book was released on 2022-10-27 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
Book Synopsis The Postulates of English Political Economy - Primary Source Edition by : Walter Bagehot
Download or read book The Postulates of English Political Economy - Primary Source Edition written by Walter Bagehot and published by Nabu Press. This book was released on 2013-09 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
Excerpt from Political Economy The art of providing for all the wants Of a family with prudence and frugality. Political economy he regards as an art, and also a sci ence; and among its important objects are to provide everything necessary for supply ing the wants of society, and to employ the inhabitants in such a manner as naturally to create reciprocal relations and dependencies, so as to make their several interests lead them to supply one another with their reciprocal wants. Population he considers limited by the amount of food produced, and that when too many of a society propagate, a part must starve. He holds that if a nation would aim to be continuously great and powerful by trade, she must first apply closely to the manufac turing of every natural product of the country; and that when a people find the balance of trade to be against them, it is to their interest to take such measures as will correct the evil. He attacks the theory of'locke and Hume respecting the effect of an increased volume in the circulating medium upon prices. He argues that, while the wealth of a country un doubtedly exerts an influence upon the prices of certain commodities, prices are really reg ulated by the complicated operations of de mand and competition and that when Hume says that the price of every commodity is in proportion to the sum of money circulating in the market for that commodity, it real] y means that the money to be employed in the purchase of it is a measure of_ the demand for it; and it in no wise interferes with Steuart's own propo sition respecting the operation of supply, which is fundamental. In 1772, at the request of the East India company, the same author prepared The Principles of Money as'applied to the Coin of Bengal, in many respects a very able treatise. - In 1776 appeared in London the first edition of the great work of Adam Smith, destined to exert so decided an influence on political economy and legislation: An Inqui ry into the Nature and Causes of the Wealth of Nations. This remarkable book treats of the causes of improvement in the produc tive powers of labor, and the order according to which its produce is naturally distributed among the difierent ranks of the people; of the nature, accumulation, and employment of stock; of systems of political economy; of the revenue of the sovereign or commonwealth. Dr. Smith holds that the annual labor of every nation is the fund which originally supplies it with what it annually consumes, and that the relative proportion which that produce bears to the consumers is the measure of their sup ply in the necessaries and conveniences of life; that the greatest improvement in the produc tive power, skill, and judgment of labor has arisen from the division of labor that the ex tent of the division of labor is limited by the market for its products; and that labor is the only universal as well as accurate measure of value, or the only standard by which we can compare the values of different commodities at. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis Political Economy (Classic Reprint) by : Henry Carey Baird
Download or read book Political Economy (Classic Reprint) written by Henry Carey Baird and published by Forgotten Books. This book was released on 2017-09-16 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Political Economy The art of providing for all the wants Of a family with prudence and frugality. Political economy he regards as an art, and also a sci ence; and among its important objects are to provide everything necessary for supply ing the wants of society, and to employ the inhabitants in such a manner as naturally to create reciprocal relations and dependencies, so as to make their several interests lead them to supply one another with their reciprocal wants. Population he considers limited by the amount of food produced, and that when too many of a society propagate, a part must starve. He holds that if a nation would aim to be continuously great and powerful by trade, she must first apply closely to the manufac turing of every natural product of the country; and that when a people find the balance of trade to be against them, it is to their interest to take such measures as will correct the evil. He attacks the theory of'locke and Hume respecting the effect of an increased volume in the circulating medium upon prices. He argues that, while the wealth of a country un doubtedly exerts an influence upon the prices of certain commodities, prices are really reg ulated by the complicated operations of de mand and competition and that when Hume says that the price of every commodity is in proportion to the sum of money circulating in the market for that commodity, it real] y means that the money to be employed in the purchase of it is a measure of_ the demand for it; and it in no wise interferes with Steuart's own propo sition respecting the operation of supply, which is fundamental. In 1772, at the request of the East India company, the same author prepared The Principles of Money as'applied to the Coin of Bengal, in many respects a very able treatise. - In 1776 appeared in London the first edition of the great work of Adam Smith, destined to exert so decided an influence on political economy and legislation: An Inqui ry into the Nature and Causes of the Wealth of Nations. This remarkable book treats of the causes of improvement in the produc tive powers of labor, and the order according to which its produce is naturally distributed among the difierent ranks of the people; of the nature, accumulation, and employment of stock; of systems of political economy; of the revenue of the sovereign or commonwealth. Dr. Smith holds that the annual labor of every nation is the fund which originally supplies it with what it annually consumes, and that the relative proportion which that produce bears to the consumers is the measure of their sup ply in the necessaries and conveniences of life; that the greatest improvement in the produc tive power, skill, and judgment of labor has arisen from the division of labor that the ex tent of the division of labor is limited by the market for its products; and that labor is the only universal as well as accurate measure of value, or the only standard by which we can compare the values of different commodities at. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis A History of the Theories of Production and Distribution in English Political Economy from 1776 to 1848 by : Edwin Cannan
Download or read book A History of the Theories of Production and Distribution in English Political Economy from 1776 to 1848 written by Edwin Cannan and published by . This book was released on 1893 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:
"Principles of Political Economy" by Arthur Latham Perry is a textbook about history and political economy that covers the crucial subjects in the field, their influence, variations and definitions. The main subjects are: Value, Material Commodities, Personal Services, Commercial Credit, Money, Foreign Trade and Taxation This is the origin of the "Introduction to Political Economy," first published in 1877, twelve years after the other. Its success as a textbook and as a book of reading for young people has already justified, and will doubtless continue to justify in the future, the forethought of its promoters.
Book Synopsis Principles of Political Economy by : Arthur Latham Perry
Download or read book Principles of Political Economy written by Arthur Latham Perry and published by Good Press. This book was released on 2021-05-18 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Principles of Political Economy" by Arthur Latham Perry is a textbook about history and political economy that covers the crucial subjects in the field, their influence, variations and definitions. The main subjects are: Value, Material Commodities, Personal Services, Commercial Credit, Money, Foreign Trade and Taxation This is the origin of the "Introduction to Political Economy," first published in 1877, twelve years after the other. Its success as a textbook and as a book of reading for young people has already justified, and will doubtless continue to justify in the future, the forethought of its promoters.
Excerpt from Principles of Political Economy In presenting to the American public an edition of Mr. Atkinson's work elucidating the fundamental principles of Political Economy, the Editor is impelled to accompany it by a brief introductory essay, bearing on the progress and present condition of the Science herein illustrated. Hasty and immethodical as the multiplicity and unceasing exaction of his cares and duties as Editor of a Daily Journal must render it, he trusts it will be found not without pertinence to the matter, nor unworthy of the consideration of the public. Political Economy is among the latest born of the Sciences. Mainly intent on the horrid game of War, with its various reverses and only less ruinous successes, it is but yesterday that the rulers of the world discovered that they had any duty to perform toward Industry, other than to interrupt its processes by their insane contentions, to devastate its fields, and ultimately to consume its fruits. And when the truth did pierce through their scarcely pervious skulls, it came distorted and perverted by the resistance it had met, by selfish and sinister influences, so that it had parted with all its vitality, and was blended with and hardly distinguishable from error. When it began to be dimly discerned that Government had a legitimate duty to perform toward Industry - that the latter might be cherished, improved, extended by the action of the former - legislators at once jumped to the conclusion that all possible legislation upon and interference with Industry must be beneficial. A Frederick the Great finds by experience that the introduction of new arts and industrial processes into his dominions increases the activity, thrift and prosperity of his People; forthwith he rushes (as Macaulay and the Free Trade Economists represent him) into the prohibition of every thing but coin from abroad, and the production of every thing at home, without considering the influences of soil and climate, or the practicability of here prosecuting to advantage the business so summarily established. The consequence is of course a mischievous diversion of Labor from useful and productive to profitless and fruitless avocations. But this is not the worst. Some monarch finds himself unable to minister adequately to the extravagance of some new favorite or mistress; so he creates in her favor a Monopoly of the supply and sale of Salt, Coffee, or whatever else is not already monopolized, and styles it a "regulation of trade," to prevent ruinous fluctuations, competitions and excesses! Thus private ends are subserved under the pretence of public good, and the comforts of the People abridged or withheld to pander to the vices and sustain the lavish prodigality of princes and paramours. From a contemplation of these abuses, pierced and uncovered by the expanding intelligence of the Eighteenth Century, the Political Economy of the Schools was evolved. In its origin a protest against existing abuses, it shared the common lot of all reactions, in passing impetuously to an extreme the opposite of the error it went forth to combat. From a scrutiny and criticism of the gross abuses of the power of Government over Industry, it was impelled to the conclusion that no such power properly existed or could be beneficially exercised. Thus the Science became, in the hands of the latest professors of the 'enlightened' school, a simple and sweeping negation - a demand for incessant and universal abolishing - a suicidal Science, demonstrating that to do nothing is the acme of governmental wisdom, and King Log the profoundest and greatest of monarchs. These conclusions would have staggered the founders of the school, and yet it is difficult to resist the evidence offered to show that they are legitimately deduced by their disciples from the premises those founders themselves have laid down. In the cases cited by Mr. Atkinson in this work of the comparative beneficence of Home Tr
Book Synopsis Principles of Political Economy (Classic Reprint) by : William Atkinson
Download or read book Principles of Political Economy (Classic Reprint) written by William Atkinson and published by . This book was released on 2015-07-04 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from Principles of Political Economy In presenting to the American public an edition of Mr. Atkinson's work elucidating the fundamental principles of Political Economy, the Editor is impelled to accompany it by a brief introductory essay, bearing on the progress and present condition of the Science herein illustrated. Hasty and immethodical as the multiplicity and unceasing exaction of his cares and duties as Editor of a Daily Journal must render it, he trusts it will be found not without pertinence to the matter, nor unworthy of the consideration of the public. Political Economy is among the latest born of the Sciences. Mainly intent on the horrid game of War, with its various reverses and only less ruinous successes, it is but yesterday that the rulers of the world discovered that they had any duty to perform toward Industry, other than to interrupt its processes by their insane contentions, to devastate its fields, and ultimately to consume its fruits. And when the truth did pierce through their scarcely pervious skulls, it came distorted and perverted by the resistance it had met, by selfish and sinister influences, so that it had parted with all its vitality, and was blended with and hardly distinguishable from error. When it began to be dimly discerned that Government had a legitimate duty to perform toward Industry - that the latter might be cherished, improved, extended by the action of the former - legislators at once jumped to the conclusion that all possible legislation upon and interference with Industry must be beneficial. A Frederick the Great finds by experience that the introduction of new arts and industrial processes into his dominions increases the activity, thrift and prosperity of his People; forthwith he rushes (as Macaulay and the Free Trade Economists represent him) into the prohibition of every thing but coin from abroad, and the production of every thing at home, without considering the influences of soil and climate, or the practicability of here prosecuting to advantage the business so summarily established. The consequence is of course a mischievous diversion of Labor from useful and productive to profitless and fruitless avocations. But this is not the worst. Some monarch finds himself unable to minister adequately to the extravagance of some new favorite or mistress; so he creates in her favor a Monopoly of the supply and sale of Salt, Coffee, or whatever else is not already monopolized, and styles it a "regulation of trade," to prevent ruinous fluctuations, competitions and excesses! Thus private ends are subserved under the pretence of public good, and the comforts of the People abridged or withheld to pander to the vices and sustain the lavish prodigality of princes and paramours. From a contemplation of these abuses, pierced and uncovered by the expanding intelligence of the Eighteenth Century, the Political Economy of the Schools was evolved. In its origin a protest against existing abuses, it shared the common lot of all reactions, in passing impetuously to an extreme the opposite of the error it went forth to combat. From a scrutiny and criticism of the gross abuses of the power of Government over Industry, it was impelled to the conclusion that no such power properly existed or could be beneficially exercised. Thus the Science became, in the hands of the latest professors of the 'enlightened' school, a simple and sweeping negation - a demand for incessant and universal abolishing - a suicidal Science, demonstrating that to do nothing is the acme of governmental wisdom, and King Log the profoundest and greatest of monarchs. These conclusions would have staggered the founders of the school, and yet it is difficult to resist the evidence offered to show that they are legitimately deduced by their disciples from the premises those founders themselves have laid down. In the cases cited by Mr. Atkinson in this work of the comparative beneficence of Home Tr
