Individualism a System of Politics
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, as any of the instruments con- structed by his agency ; and it would seem that in those inquiries which regard only his mechanical operations and do not involve the consideration of his higher and nobler powers, he should be regarded in precisely the same point of view. Every individual who has arrived at maturity, though he may not be instructed in any particular art or profession, may yet with perfect propriety be viewed in relation to his natural powers as a machine which it has cost twent...y years of assiduous attention and the expenditure of a considerable capital to construct. And if a further sum be expended in qualifying him for the exercise of a business or profession requiring unusual skill, his value will be proportionally increased, and he will be entitled to a greater reward for his exertions, as a machine becomes more valuable when it acquires new powers by the expenditure of additional capital or labour in its construction. Adam Smith has fully admitted the justice of this principle, though he has not reasoned consist- ently from it.
What to read after Individualism a System of Politics?
You can find similar books in the "Read Also" column, or choose other free books by Wordsworth Donisthorpe to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
, as any of the instruments con- structed by his agency ; and it would seem that in those inquiries which regard only his mechanical operations and do not involve the consideration of his higher and nobler powers, he should be regarded in precisely the same point of view. Every individual who has arrived at maturity, though he may not be instructed in any particular art or profession, may yet with perfect propriety be viewed in relation to his natural powers as a machine which it has cost twent...y years of assiduous attention and the expenditure of a considerable capital to construct. And if a further sum be expended in qualifying him for the exercise of a business or profession requiring unusual skill, his value will be proportionally increased, and he will be entitled to a greater reward for his exertions, as a machine becomes more valuable when it acquires new powers by the expenditure of additional capital or labour in its construction. Adam Smith has fully admitted the justice of this principle, though he has not reasoned consist- ently from it.
What to read after Individualism a System of Politics?
You can find similar books in the "Read Also" column, or choose other free books by Wordsworth Donisthorpe to read onlineMoreLess
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