First Lessons in Political Economy
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In our eReader you can find the full English version of the book. Read First Lessons in Political Economy Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book First Lessons in Political Economy
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One set of laborers might, as it happened, be a little poorer than those employed upon a neighboring farm. But there would be notliing in the nature of the case why an inferior set of workmen should be found upon one farm more than upon another. This would be purely one of those accidents which, for the pur- poses of reasoning, we are bound to set aside.
As to the capital, we have no need to offer any qualification of our assumption that the several sums of $10, 000 are the precise equivalents ...of each other. Tliere would be just as many ploughs and horses, just as many carts and oxen, just as much food and clothing for the subsistence of la- borers, just as much money for wages, in one 110, 000, as in any other. ~ 79. Inequality of Conditions as to Land. — But if, now, we suppose these equal bodies of labor and capital to be ajaplied to the raising of crops, shall we find that the con- ditions of production continue equal ? By no means. We shall find differences, very considerable differences : and these, not occurring through accidents which we may dis- regard, as having nothing to do with the reason of the case ; but dift'erences due to the very nature of the subject ; differences which cause some portions of the supply to be produced at a great advantage, while other portions are produced at a great disadvantage.
What to read after First Lessons in Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Walker, Francis Amasa, 1840-1897 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
One set of laborers might, as it happened, be a little poorer than those employed upon a neighboring farm. But there would be notliing in the nature of the case why an inferior set of workmen should be found upon one farm more than upon another. This would be purely one of those accidents which, for the pur- poses of reasoning, we are bound to set aside.
As to the capital, we have no need to offer any qualification of our assumption that the several sums of $10, 000 are the precise equivalents ...of each other. Tliere would be just as many ploughs and horses, just as many carts and oxen, just as much food and clothing for the subsistence of la- borers, just as much money for wages, in one 110, 000, as in any other. ~ 79. Inequality of Conditions as to Land. — But if, now, we suppose these equal bodies of labor and capital to be ajaplied to the raising of crops, shall we find that the con- ditions of production continue equal ? By no means. We shall find differences, very considerable differences : and these, not occurring through accidents which we may dis- regard, as having nothing to do with the reason of the case ; but dift'erences due to the very nature of the subject ; differences which cause some portions of the supply to be produced at a great advantage, while other portions are produced at a great disadvantage.
What to read after First Lessons in Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Walker, Francis Amasa, 1840-1897 to read onlineMoreLess
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