An Inquiry Into the Permanent Causes of the Decline And Fall of Powerful And Wealthy Nations.
The book An Inquiry Into the Permanent Causes of the Decline And Fall of Powerful And Wealthy Nations. was written by author Playfair William Here you can read free online of An Inquiry Into the Permanent Causes of the Decline And Fall of Powerful And Wealthy Nations. book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is An Inquiry Into the Permanent Causes of the Decline And Fall of Powerful And Wealthy Nations. a good or bad book?
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The English have, for a long time, been able to do this piece ofbusiness for themselves; and, of course, the Dutch did not find thesame means of supporting their carrying trade; and as they had ruinedmany of their own manufactures, they sunk both as a commercial andmanufacturing people. If the time should ever come that capital should be so abundant in allnations, as that obtaining credit will not be an object, then it will beseen that no nation will have so very great a share of manufacturesan...d commerce more than others, as has hitherto been the case. In countries where the common practice is to sell, chiefly, for [end ofpage #181] ready money, great fortunes are seldom gained. Even inwealthy countries, in branches of business where no credit is given, great fortunes are very seldom got, and for a very simple reason. Thebusiness is pretty equally divided. But in a country that gives longcredits, or in a branch of trade on which long credits are given, wealways see some individuals gaining immense fortunes, by means ofdoing a great deal more business than others, who, having less capital, are enabled to do less.
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