Practical Economics; Who Gets the Benefit of the Increased Productions of Human Labor Due to Modern Inventions?
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In our eReader you can find the full English version of the book. Read Practical Economics; Who Gets the Benefit of the Increased Productions of Human Labor Due to Modern Inventions? 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 Practical Economics; Who Gets the Benefit of the Increased Productions of Human Labor Due to Modern Inventions?
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To quickly assess the difficulty of the text, read a short excerpt:
17 enrich himself being so simple and obvious that they have been very generally availed of.
The armies of the world are fed and clothed by the producing classes. Whether the money paid for their support be raised by direct taxation or by selling bonds, every article of clothing worn by them and every morsel of food which they consume must be produced by working men and women, and is con- sumed by able-bodied men who do not work. The increased productiveness of labor due to modern inven- tions,... therefore, goes largely to the support of soldiers in idleness and for building and maintaining warships which if unemployed are useless, and if used are often infinitely worse than useless. When the money to pay for these things is raised by direct taxation it is bad enough, but when it is raised by selling bonds it is still worse, for in the latter case the interest on the bonds must, thereafter, be added to the cost of supporting the army and the navy, making an army of bond- holders as well as an army of soldiers to be supported.
What to read after Practical Economics; Who Gets the Benefit of the Increased Productions of Human Labor Due to Modern Inventions??
You can find similar books in the "Read Also" column, or choose other free books by Sandy, Arthur Louis. [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
17 enrich himself being so simple and obvious that they have been very generally availed of.
The armies of the world are fed and clothed by the producing classes. Whether the money paid for their support be raised by direct taxation or by selling bonds, every article of clothing worn by them and every morsel of food which they consume must be produced by working men and women, and is con- sumed by able-bodied men who do not work. The increased productiveness of labor due to modern inven- tions,... therefore, goes largely to the support of soldiers in idleness and for building and maintaining warships which if unemployed are useless, and if used are often infinitely worse than useless. When the money to pay for these things is raised by direct taxation it is bad enough, but when it is raised by selling bonds it is still worse, for in the latter case the interest on the bonds must, thereafter, be added to the cost of supporting the army and the navy, making an army of bond- holders as well as an army of soldiers to be supported.
What to read after Practical Economics; Who Gets the Benefit of the Increased Productions of Human Labor Due to Modern Inventions??
You can find similar books in the "Read Also" column, or choose other free books by Sandy, Arthur Louis. [from Old Catalog] to read onlineMoreLess
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