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Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Read full review
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accumulation Adam Smith advantage agricultural amount capital capitalist cause circulating capital circumstances competition condition considerable consumed consumption corn laws cottier crease cultivation degree demand depend diminished division of labour duce duction ductive effect employment England equal exertion exist expense farmer favourable fixed France funds greater habits hired human hundred quarters improvement increase individual industry Ireland kind labouring classes land landlord less limited mankind manufacture manure marriage material means ment metayer mode nations natural necessary obtained occupation operations paid peasant peasant proprietors permanent persons political economy Poor Law population portion possession present principle productive labourers profit proportion quantity racter remuneration render rent require saving Sismondi skill small farms society soil subsistence sufficient sumers supply suppose tained taxes tenant things tical tion tivation tive unproductive wages wealth whole
Page 481 - The subjects of every State ought to contribute to 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 571 - Letting alone, in short, should be the general practice: every departure from it, unless required by some great good, is a certain evil.
Page 199 - I cordially subscribe to the remark of one of the greatest thinkers of our time, who says of the supposed differences of race, "of all vulgar modes of escaping from the consideration of the effect of social and moral influences on the human mind, the most vulgar is that of attributing the diversities of conduct and character to inherent natural differences.
Page 481 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.
Page 453 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being. They have enabled a greater population to live the same life of drudgery and imprisonment, and an increased number of manufacturers and others to make large fortunes.
Page 482 - Thirdly, by the forfeitures and other penalties which those unfortunate individuals incur who attempt unsuccessfully to evade the tax, it may frequently ruin them, and thereby put an end to the benefit which the community might have received from the employment of their capitals.
Page 125 - The laws and conditions of the Production of wealth partake of the character of physical truths. There is nothing optional or arbitrary in them.
Page 573 - Now any well-intentioned and tolerably civilized government may think without presumption that it does or ought to possess a degree of cultivation above the average of the community which it rules, and that it should, therefore, be capable of offering better education and better instruction to the people, than the greater number of them would spontaneously select. Education, therefore, is one of those things which it is admissible in principle that a government should provide for the people.
Page 376 - Gold and silver having been chosen for the general medium of circulation, they are, by the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural traffic which would take place if no such metals existed, and the trade between countries were purely a trade of barter.