An Inquiry Into the Various Systems of Political Economy: Their Advantages and Disadvantages; and the Theory Most Favourable to the Increase of National Wealth |
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Side 208
When a loan takes place merely because the lender does not wish to employ his
capitals himself , and the borrower applies it ... Governments are induced to open
public loans whenever the ordinary revenue is insufficient for the extraordinary ...
When a loan takes place merely because the lender does not wish to employ his
capitals himself , and the borrower applies it ... Governments are induced to open
public loans whenever the ordinary revenue is insufficient for the extraordinary ...
Side 210
The interest of the loan and the fund set apart for its re - payment , require a small
increase of taxes ; which necessarily proves a stimulus to more labour and
greater economy ; so that in this instance it may truly be affirmed , that public
loans ...
The interest of the loan and the fund set apart for its re - payment , require a small
increase of taxes ; which necessarily proves a stimulus to more labour and
greater economy ; so that in this instance it may truly be affirmed , that public
loans ...
Side 211
would ultimately be in the same state as if there had been no loans . But if the
wants which such loans supply , are merely temporary ; if the productions which
they caused to be produced or economized , are sufficient to provide for the
interest ...
would ultimately be in the same state as if there had been no loans . But if the
wants which such loans supply , are merely temporary ; if the productions which
they caused to be produced or economized , are sufficient to provide for the
interest ...
Side 212
It may however be supposed , that the capitals absorbed by public loans are only
abstracted from labours the least productive , the least profitable , and the loss of
which is most easily borne . In the case of equal profits , capitals are preferably ...
It may however be supposed , that the capitals absorbed by public loans are only
abstracted from labours the least productive , the least profitable , and the loss of
which is most easily borne . In the case of equal profits , capitals are preferably ...
Side 213
cousiderations ; and yet they have not obtained biş assent ; but it may easily be
perceived , that the mo , tives of his hostility are but indirect attacks upon public
loans , and do not prove that there exists a better mode of providing for the ...
cousiderations ; and yet they have not obtained biş assent ; but it may easily be
perceived , that the mo , tives of his hostility are but indirect attacks upon public
loans , and do not prove that there exists a better mode of providing for the ...
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An Inquiry Into the Various Systems of Political Economy: Their Advantages ... Charles Ganilh Uten tilgangsbegrensning - 1812 |
An Inquiry Into the Various Systems of Political Economy: Their Advantages ... Charles Ganilh Uten tilgangsbegrensning - 1812 |
An Inquiry Into the Various Systems of Political Economy: Their Advantages ... Charles Ganilh Uten tilgangsbegrensning - 1812 |
Vanlige uttrykk og setninger
abundance Adam Smith advantages afford agricultural amount annual appears bank benefits bills capital carried causes chap circulation circumstances civil classes coin commerce commodities consequently considerable considered consist consumed consumption contribute debts demand derived effects employed England equal equivalent established Europe exchange existence expences extent favourable fixed follows force foreign French fund give gold and silver greater importance improve income increase individuals industry influence interest Italy kind labour land laws least less limited loans manufactures means measure merchants metallic millions nations nature necessary never object observed obtain occasion opinion paid political economy population portion principles produce profit progress proportion prosperity proved purchase quantity regard rendered respect riches savings says share success supply supposed surplus things tion trade true wages wants wealth writers