Elementary Principles of Economics Together With a Short Sketch of Economic His

Ely, Richard Theodore, 1854-1943

The book Elementary Principles of Economics Together With a Short Sketch of Economic His was written by author Ely, Richard Theodore, 1854-1943 Here you can read free online of Elementary Principles of Economics Together With a Short Sketch of Economic His book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Elementary Principles of Economics Together With a Short Sketch of Economic His a good or bad book?

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: Principles of Political Economy. Walker, F. A. : Principles of Political Economy.
CHAPTER VI SOCIALISM The Relation of Socialism to Distribution. In the pre- ceding chapters we have explained how in the existing social organization the annual produce of industry the social income is distributed. As we stated at the outset, the method of distribution is intimately connected with the legal structure of society, and particularly with the laws of property. Society, as it exists in all advanced na...tions, accepts private property as its economic basis. In other words, in the great majority of goods, private proprietorship or private appropriation is not only permitted but encour- aged, and the result is the system of distribution which has been described.
There are considerable differences in the laws about property observed by different nations, and minor changes are constantly being made; and these differences and changes result in corresponding differences and changes in distribu- tion.

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