First Principles of Political Economy
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In our eReader you can find the full English version of the book. Read First Principles of 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 Principles of Political Economy
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Is it desirable that all should restrict their expendi- tures to bare necessities ?
13. How can we dispose of our surplus food-productg, unless we use tea, sugar, silk, &c., brought from other countriee ?
PUBLIC CONSUMPTION. 61 CHAPTER IIL PUBLIC CONSUMPTION, The Nature of Public Consumption. Undei the social instinct mankind gather and live in com- munities. This gives rise to certain common wants, which are provided for by public agents of the government, using means drawn from those who comp...ose the society or state, by taxation.
These common or public wants can be satisfied only by the destruction of values, just as in indi- vidual consumption. It is to be remembered that the values thus destro3'ed are a pai't of the property of individual citizens taken for public use. In gen- eral, the government has nothing to expend but what is contributed by its tax-paying citizens. In ancient times despotic governments called out thou- sands of their people to labor directl}' in building city- walls and other public works, and collected from others the food necessary to sustain them, and the materials to be used.
What to read after First Principles of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Chapin, Aaron Lucius, 1817-1892. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Is it desirable that all should restrict their expendi- tures to bare necessities ?
13. How can we dispose of our surplus food-productg, unless we use tea, sugar, silk, &c., brought from other countriee ?
PUBLIC CONSUMPTION. 61 CHAPTER IIL PUBLIC CONSUMPTION, The Nature of Public Consumption. Undei the social instinct mankind gather and live in com- munities. This gives rise to certain common wants, which are provided for by public agents of the government, using means drawn from those who comp...ose the society or state, by taxation.
These common or public wants can be satisfied only by the destruction of values, just as in indi- vidual consumption. It is to be remembered that the values thus destro3'ed are a pai't of the property of individual citizens taken for public use. In gen- eral, the government has nothing to expend but what is contributed by its tax-paying citizens. In ancient times despotic governments called out thou- sands of their people to labor directl}' in building city- walls and other public works, and collected from others the food necessary to sustain them, and the materials to be used.
What to read after First Principles of Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Chapin, Aaron Lucius, 1817-1892. [from Old Catalog] to read onlineMoreLess
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