The Postulates of English Political Economy
The Postulates of English Political Economy
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In our eReader you can find the full English version of the book. Read The Postulates of English 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 The Postulates of English Political Economy
What reading level is The Postulates of English Political Economy book?
To quickly assess the difficulty of the text, read a short excerpt:
By capital, then, in this discussion, we mean an aggregate of two unlike sorts of artificial commodities co-operative things which help labour, and re- munerative things which pay for it. The two have this in common, that they are the produce of human labour, but they differ in almost everything else if you judge of them by the visual appearance. Between a loaf of bread and a steam-engine, between a gimlet and a piece of bacon, there looks as if there were really 80 THE POSTULATES OF nothing in... common, except that man manufactured both. But, though the contrast of externalities is so great, the two have a most essential common pro- perty which is that which Political Economy fixes upon; the possible effect of both is to augment human wealth. Labourers work because they want bread ; their work goes farther if they have good tools ; and therefore economists have a common word for both tools and bread. They are both capital, and other similar things are so > too.
And here we come across another of the inevit- able verbal difficulties of Political Economy.
What to read after The Postulates of English Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Bagehot Walter to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
By capital, then, in this discussion, we mean an aggregate of two unlike sorts of artificial commodities co-operative things which help labour, and re- munerative things which pay for it. The two have this in common, that they are the produce of human labour, but they differ in almost everything else if you judge of them by the visual appearance. Between a loaf of bread and a steam-engine, between a gimlet and a piece of bacon, there looks as if there were really 80 THE POSTULATES OF nothing in... common, except that man manufactured both. But, though the contrast of externalities is so great, the two have a most essential common pro- perty which is that which Political Economy fixes upon; the possible effect of both is to augment human wealth. Labourers work because they want bread ; their work goes farther if they have good tools ; and therefore economists have a common word for both tools and bread. They are both capital, and other similar things are so > too.
And here we come across another of the inevit- able verbal difficulties of Political Economy.
What to read after The Postulates of English Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Bagehot Walter to read onlineMoreLess
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