The Economics of Commerce
The Economics of Commerce
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In our eReader you can find the full English version of the book. Read The Economics of Commerce 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 The Economics of Commerce
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Productive labour meets with a reward and unproductive labour does not, and this statement is almost self-evident. But it is not so evident that the reward of labour is always in due proportion to the productiveness of labour, and indeed Q 2 THE ECONOMICS OF COMMERCE in our modern state rewards are often proportioned in a curious and somewhat unfair way. This, however, is owing to causes which though economic in their effects are not always economic in their origin, and they cannot be discussed... here. We may also state (2) that, on the whole, and again with some important exceptions, labour is so directed or so directs itself that it tends to be occupied in the right channels, and to produce those commodities which are most required or that work or service that is most in demand, and receives its reward accordingly. It is clear, for instance, that no rational man expends labour in carving blocks of coal into orna- mental shapes before they are burnt, since all that is required of his labour in this direction is that he should produce blocks of coal suitable for combustion.
What to read after The Economics of Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Gibbins, Henry De Beltgens, 1865-1907 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Productive labour meets with a reward and unproductive labour does not, and this statement is almost self-evident. But it is not so evident that the reward of labour is always in due proportion to the productiveness of labour, and indeed Q 2 THE ECONOMICS OF COMMERCE in our modern state rewards are often proportioned in a curious and somewhat unfair way. This, however, is owing to causes which though economic in their effects are not always economic in their origin, and they cannot be discussed... here. We may also state (2) that, on the whole, and again with some important exceptions, labour is so directed or so directs itself that it tends to be occupied in the right channels, and to produce those commodities which are most required or that work or service that is most in demand, and receives its reward accordingly. It is clear, for instance, that no rational man expends labour in carving blocks of coal into orna- mental shapes before they are burnt, since all that is required of his labour in this direction is that he should produce blocks of coal suitable for combustion.
What to read after The Economics of Commerce?
You can find similar books in the "Read Also" column, or choose other free books by Gibbins, Henry De Beltgens, 1865-1907 to read onlineMoreLess
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