Lectures On the Industrial Revolution in England; Popular Addresses, Notes And Other Fragments
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In our eReader you can find the full English version of the book. Read Lectures On the Industrial Revolution in England; Popular Addresses, Notes And Other Fragments 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 Lectures On the Industrial Revolution in England; Popular Addresses, Notes And Other Fragments
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Immediately prices rose in The Mercantile System. Zt^ America and fell in England, English merchants discontinued buying in America, while American merchants bought largely in England, so that in the following year all the gold came back again.
Equally prominent in Adam Smith is his individualism, his complete and unhesitating trust in individual self-interest. He was the first to appeal to self-interest as a great bond of society.
As a keen observer, he could point to certain facts, which seem...ed to bear out his creed. If we once grant the principle of the division of labour, then it follows that one man can live only by finding out what other men want ; it is on this fact, for instance, that the food supply of London depends. This is the basis of the doctrine of laisser faire. It implies competition, which would result, so Adam Smith believed, in men's wants being supplied at a minimum of cost. In upholding competition he was radically opposed to the older writers, who thought it a hateful thing ; but his conclusion was quite true.
What to read after Lectures On the Industrial Revolution in England; Popular Addresses, Notes And Other Fragments?
You can find similar books in the "Read Also" column, or choose other free books by Benjamin Jowett to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Immediately prices rose in The Mercantile System. Zt^ America and fell in England, English merchants discontinued buying in America, while American merchants bought largely in England, so that in the following year all the gold came back again.
Equally prominent in Adam Smith is his individualism, his complete and unhesitating trust in individual self-interest. He was the first to appeal to self-interest as a great bond of society.
As a keen observer, he could point to certain facts, which seem...ed to bear out his creed. If we once grant the principle of the division of labour, then it follows that one man can live only by finding out what other men want ; it is on this fact, for instance, that the food supply of London depends. This is the basis of the doctrine of laisser faire. It implies competition, which would result, so Adam Smith believed, in men's wants being supplied at a minimum of cost. In upholding competition he was radically opposed to the older writers, who thought it a hateful thing ; but his conclusion was quite true.
What to read after Lectures On the Industrial Revolution in England; Popular Addresses, Notes And Other Fragments?
You can find similar books in the "Read Also" column, or choose other free books by Benjamin Jowett to read onlineMoreLess
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