A Manual of Political Economy for Schools and Colleges

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Clarendon Press, 1868 - Economics - 313 pages

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Page 13 - Mathematical and Physical Papers. By Sir W. THOMSON, LL.D., DCL, FRS, Professor of Natural Philosophy, in the University of Glasgow. Collected from different Scientific Periodicals from May, 1841, to the present time.
Page 260 - 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.
Page 309 - An Elementary Treatise on Quaternions. By PG TAIT, MA, Professor of Natural Philosophy in the University of Edinburgh ; formerly Fellow of St Peter's College, Cambridge. Second Edition. Demy 8vo. 14^.
Page 157 - Every permanent improvement of the soil, every railway and road, every bettering of the general condition of society, every facility given for production, every stimulus supplied to consumption, raises rent. The landowner sleeps, but thrives.
Page 222 - 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.
Page 8 - Professor of English Literature at King's College, London. THERE are two dangers to which the student of English Literature is exposed at the outset of his task ;—his reading is apt to be too narrow or too diffuse. Out of the vast number of authors set before him in books professing to deal with this subject he knows not which to select: he thinks he must read a little of all; he soon abandons so hopeless an attempt; he ends by contenting himself with second-hand information ; and professing to...
Page 310 - ... logical, developing in lucid order principles from facts, and keeping theory always dependent upon observation ; a book that keeps the reason of the student active while he strives to master details difficult but never without interest.
Page 146 - The increase of population has not preceded but followed this occupation and cultivation. It is not the pressure of population on the means of subsistence which has led men to cultivate inferior soils, but the fact that these soils being cultivated in another way, or taken into cultivation, an increased population became possible. How could an increased population have stimulated greater labour in agriculture, when agriculture must have supplied the means on which that increased population could...
Page 273 - The power of transferring a tax from the person who actually pays it to some other person varies with the object taxed. A tax on rents cannot be transferred. A tax on commodities is always transferred to the consumer.
Page 64 - ... as contrasted with another which lives on rice or potatoes ; and this quite apart from the prudence or incautiousness of the people. Two instances will illustrate this rule. The Irish famine of 1846 was due to the sudden disease which affected the potato. It was equally severe in the northern parts of Scotland, and particularly in the Western Highlands; its effects, as we all know, were terrible ; but the same disease affected the same plant in England. That, however, which was distress to the...

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