Principles of Political Economy volume 1
Principles of Political Economy volume 1
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In our eReader you can find the full English version of the book. Read Principles of Political Economy volume 1 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 Principles of Political Economy volume 1
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2 Transactions of the Chartered Accountants Students' 1 Society of Ed- inburgh, Vol. I. , Ch. I. /fcjd. , p . 16.
DISTRIBUTION. 309 land is that, in many cases, the nominal is not the real owner. It is worth observing, that the economic functions of settlements in land are not nearly so important as they once were. The rent of land, as recent experience has shown, is by no means the most certain form of income. It is a curious popular fallacy to suppose that land is, in some way, particularly s...afe because it is always there ; it is forgotten that land which yields no rent is of as little value as the air above it, which also technically is assumed to be part of the property.
3d. The idea of keeping land in a particular family is, under modern conditions, essentially anti-economic. It is true that the popular notion that land can be now strictly entailed in England and Scotland, for an indefinite period, is fortunately as erroneous as the idea that, by the law of primogeniture, land necessarily goes to the eldest son, just as in France it is compulsorily divided.
What to read after Principles of Political Economy volume 1?
You can find similar books in the "Read Also" column, or choose other free books by Nicholson, J. Shield (Joseph Shield), 1850-1927 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
2 Transactions of the Chartered Accountants Students' 1 Society of Ed- inburgh, Vol. I. , Ch. I. /fcjd. , p . 16.
DISTRIBUTION. 309 land is that, in many cases, the nominal is not the real owner. It is worth observing, that the economic functions of settlements in land are not nearly so important as they once were. The rent of land, as recent experience has shown, is by no means the most certain form of income. It is a curious popular fallacy to suppose that land is, in some way, particularly s...afe because it is always there ; it is forgotten that land which yields no rent is of as little value as the air above it, which also technically is assumed to be part of the property.
3d. The idea of keeping land in a particular family is, under modern conditions, essentially anti-economic. It is true that the popular notion that land can be now strictly entailed in England and Scotland, for an indefinite period, is fortunately as erroneous as the idea that, by the law of primogeniture, land necessarily goes to the eldest son, just as in France it is compulsorily divided.
What to read after Principles of Political Economy volume 1?
You can find similar books in the "Read Also" column, or choose other free books by Nicholson, J. Shield (Joseph Shield), 1850-1927 to read onlineMoreLess
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