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according American amount answer bank better bonds brought building called capital cause cent Commission concerning coöperative determined distribution duty economic employers enterprises established exist experience facts followed funds give given hand human idea ideal improvements increase individual industry influence institutions interest labor land League Marx Marxism matter means ment method Michigan mills movement nature necessary North Dakota operation organization Owen owner paid political present production profits question received recent result rule says schools share shingle weavers social socialistic society steel strike tariff taxation theory thing tion trade unionism United various wages wealth whole workers
Стр. 5 - President, when the mariner has been tossed, for many days, in thick weather, and on an unknown sea, he naturally avails himself of the first pause in the storm, the earliest glance of the sun, to take his latitude, and ascertain how far the elements have driven him from his true course.
Стр. 18 - ... intends only his own security; and by directing that industry' in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest he frequently promotes that of the society more effectually than when he really intends to promote it.
Стр. 25 - On my return home, it occurred to me, in 1837, that something might perhaps be made out on this question by patiently accumulating and reflecting on all sorts of facts which could possibly have any bearing on it. After five years' work I allowed myself to speculate on the subject, and drew up some short notes...
Стр. 4 - THE laws and conditions of the Production of Wealth partake of the character of physical truths.
Стр. 24 - Malthus on Population"; and being well prepared to appreciate the struggle for existence which everywhere goes on from long-continued observation of the habits of animals and plants, it at once struck me that under these circumstances favorable variations would tend to be preserved, and unfavorable ones to be destroyed. The result of this would be the formation of new species. Here then I had at last got a theory by which to work...
Стр. 18 - It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our , dinner, but from their regard to their own interest. We address ourselves, not to their humanity, but to their self-love, and never talk to them of our own necessities, but of their advantages.
Стр. 40 - The difference between the most dissimilar characters, between a philosopher and a common street porter, for example, seems to arise not so much from nature, as from habit, custom, and education.
Стр. 4 - The distribution of wealth, therefore, depends on the laws and customs of society. The rules by which it is determined, are what the opinions and feelings of the ruling portion of the community make them, and are very different in different ages and countries; and might be still more different, if mankind so chose.
Стр. 4 - Political Economy you think is an enquiry into the nature and causes of wealth ; I think it should rather be called an enquiry into the laws which determine the division of the produce of industry amongst the classes who concur in its formation.