The Science of National Life; The Origin, Formation and Development of the Wealth of Nations

The Science of National Life; The Origin, Formation and Development of the Wealth of Nations

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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. 1885 edition. Excerpt: ...depends more on the domestic education of the female sex than is ordinarily supposed. Affection will rarely exist in the atmosphere of self-inflicted poverty. No man can respect a woman by whose caprice and ignorance of her appropriate duties he is plunged into disgraceful bankruptcy, and wedded to hopeless penury. Nor let it be supposed that no talent is requisite skillfully to superintend a household. It requires, at least, as much ability to direct, with skill, and on principle, the affairs of a domestic establishment, as to select a ribbon or dance a minuet, to finger a piano, or to embroider a fire screen. There is a close reciprocal relation between production and consumption for gratification. All goods and articles are manufactured with reference to their consumption. No article would be produced but for the belief that it would be consumed. Material welfare consists in ample production with an equal consumption. Extreme frugality would leave goods in the hands of producers uncalled for, and at once throw laborers out of employment and out of the means of living. Extreme luxury would consume resources and hinder the accumulation of capital necessary for production. The problem is to find the golden mean which shall keep the balance that sustains prosperous industry, by a steady demand for its products. The problem can be solved only as each man studies it, and finds the solution for himself, by using his means for healthful gratifications, at the same time limiting his gratifications by a due regard to his means. CHAPTER XXII. PUBLIC CONSUMPTION. BY force of the social instinct mankind is brought together in communities. This gives rise to many common wants, which are provided for by money drawn from the entire people by taxation....
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Product details

  • Paperback | 160 pages
  • 189 x 246 x 9mm | 299g
  • United States
  • English
  • black & white illustrations
  • 1236861787
  • 9781236861788