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Before Adam Smith
Classical Political Economy
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accumulation allow amount analysis argument balance bank bill capacity capital capitalist commodities competition concept constant consumed consumption continue corn cost cultivation demand depends determined discuss distribution economy effective employed employment equal equipment exchange existence expected expenditure exports fall finance firms flow force foreign future given going growth higher important income increase individual industry influence interest investment keep kind labour land less limited machines maintain marginal means natural output particular payments period planning position possible problem production profits proportion purchasing quantity raise rate of profit ratio reduce relation relative rent rentiers represents rise saving sector share situation social supply surplus technical technique theory trade unit wages wealth whole workers