First Lessons in Political Economy

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One set of laborers might, as it happened, be a little poorer than those employed upon a neighboring farm. But there would be notliing in the nature of the case why an inferior set of workmen should be found upon one farm more than upon another. This would be purely one of those accidents which, for the pur- poses of reasoning, we are bound to set aside.
As to the capital, we have no need to offer any qualification of our assumption that the several sums of $10, 000 are the precise equivalents
...of each other. Tliere would be just as many ploughs and horses, just as many carts and oxen, just as much food and clothing for the subsistence of la- borers, just as much money for wages, in one 110, 000, as in any other. ~ 79. Inequality of Conditions as to Land. — But if, now, we suppose these equal bodies of labor and capital to be ajaplied to the raising of crops, shall we find that the con- ditions of production continue equal ? By no means. We shall find differences, very considerable differences : and these, not occurring through accidents which we may dis- regard, as having nothing to do with the reason of the case ; but dift'erences due to the very nature of the subject ; differences which cause some portions of the supply to be produced at a great advantage, while other portions are produced at a great disadvantage.

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