The Eclectic Review Volume 9-10

The Eclectic Review Volume 9-10

By (author) 

List price: US$22.40

Currently unavailable

Add to wishlist

AbeBooks may have this title (opens in new window).

Try AbeBooks

Description

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1833 edition. Excerpt: ... themselves, must be exceedingly injured. Capital, that agent of production, whose only country is " higher interest," will be affected first: not being able to obtain an adequate interest, it must flow to more beneficial channels, it must abandon this country for a more favourable region. or it must lie idle. Ricardo himself, struggling to maintain that the high prices of commodities occasioned by taxation are no disadvantage to this country, could not resist the evidence of truth; for he adds, that " the interest of the contributors is, to withdraw their shoulders from the burden, and to remove themselves and their capital from the country." A loss of population, then, as well as of capital, will be the result; while, by this twofold combination, land, the third source of production, will be more seriousl and effectively injured. But these baneful effects will be more cousidhrably felt in a country of limited extent like En land, where, while the population is increasing, the fertility of the soid is rapidly decreasing, and for that very reason requires lower wages and an increased capital. The greatest pressure, therefore, will fall upon the land. Thus, by a chain of evi s so intimately connected, the three princi al springs of production will be injured, and the wealth accumulate by centuries of industry will disappear in Z1 short period. Such has actually been the awful but uninterrupted march, even in nations which possessed a more extensive and more fertile soil, and were far from being in the artificial situation in i which England is at present placed.' pp. 482--434. The amount raised by Govemment taxes, it must be recollected, forms but a part of the national burdens. The poor-rates amount to upwards...show more

Product details

  • Paperback | 462 pages
  • 189 x 246 x 24mm | 816g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236756193
  • 9781236756190