Economics of Liberty
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In our eReader you can find the full English version of the book. Read Economics of Liberty 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 Economics of Liberty
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To quickly assess the difficulty of the text, read a short excerpt:
At present our business is with the operation of privilege in general — abstract privilege — the power of one to command the services of an- other without compensation.
In order to show the working of privilege, let us construct another table (see Table II.
at the end of the book), showing the same community of 100 persons, with the results that occur when they are deprived of a certain part of their products.
We deal here only with the total number of members; not with the separate branches sh...own in the previous table.
(57) 58 ECONOMICS OF LIBERTY The first line in this new tabulation shows the natural equal distribution of products, where privilege does not exist. The total product, symbolized by 100, is divided equally among 100 persons, giving to each a share de- noted by 1.
If we suppose that ten per cent of the mem- bers, ceasing themselves to produce, are privi- leged to take from each of the remaining pro- ducing members twenty per cent of his product, an entirely new and unanticipated state of af- fairs supervenes.
What to read after Economics of Liberty?
You can find similar books in the "Read Also" column, or choose other free books by Robinson, John Beverley to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
At present our business is with the operation of privilege in general — abstract privilege — the power of one to command the services of an- other without compensation.
In order to show the working of privilege, let us construct another table (see Table II.
at the end of the book), showing the same community of 100 persons, with the results that occur when they are deprived of a certain part of their products.
We deal here only with the total number of members; not with the separate branches sh...own in the previous table.
(57) 58 ECONOMICS OF LIBERTY The first line in this new tabulation shows the natural equal distribution of products, where privilege does not exist. The total product, symbolized by 100, is divided equally among 100 persons, giving to each a share de- noted by 1.
If we suppose that ten per cent of the mem- bers, ceasing themselves to produce, are privi- leged to take from each of the remaining pro- ducing members twenty per cent of his product, an entirely new and unanticipated state of af- fairs supervenes.
What to read after Economics of Liberty?
You can find similar books in the "Read Also" column, or choose other free books by Robinson, John Beverley to read onlineMoreLess
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