Download or read book Essays on Political Economy written by Frédéric Bastiat and published by . This book was released on 1853 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Political Economy written by Frederic Bastiat and published by BEYOND BOOKS HUB. This book was released on 2023-08-20 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: My object in this treatise is to examine into the real nature of the Interest of Capital, for the purpose of proving that it is lawful, and explaining why it should be perpetual. This may appear singular, and yet, I confess, I am more afraid of being too plain than too obscure. I am afraid I may weary the reader by a series of mere truisms. But it is no easy matter to avoid this danger, when the facts with which we have to deal are known to every one by personal, familiar, and daily experience. But, then, you will say, “What is the use of this treatise? Why explain what everybody knows?” But, although this problem appears at first sight so very simple, there is more in it than you might suppose. I shall endeavour to prove this by an example. Mondor lends an instrument of labour to-day, which will be entirely destroyed in a week, yet the capital will not produce the less interest to Mondor or his heirs, through all eternity. Reader, can you honestly say that you understand the reason of this? It would be a waste of time to seek any satisfactory explanation from the writings of economists. They have not thrown much light upon the reasons of the existence of interest. For this they are not to be blamed; for at the time they wrote, its lawfulness was not called in question. Now, however, times are altered; the case is different. Men, who consider themselves to be in advance of their age, have organised an active crusade against capital and interest; it is the productiveness of capital which they are attacking; not certain abuses in the administration of it, but the principle itself. A journal has been established to serve as a vehicle for this crusade. It is conducted by M. Proudhon, and has, it is said, an immense circulation. The first number of this periodical contains the electoral manifesto of the people. Here we read, “The productiveness of capital, which is condemned by Christianity under the name of usury, is the true cause of misery, the true principle of destitution, the eternal obstacle to the establishment of the Republic.” Another journal, La Ruche Populaire, after having said some excellent things on labour, adds, “But, above all, labour ought to be free; that is, it ought to be organised in such a manner, that money-lenders and patrons, or masters, should not be paid for this liberty of labour, this right of labour, which is raised to so high a price by the traffickers of men.” The only thought that I notice here, is that expressed by the words in italics, which imply a denial of the right to interest. The remainder of the article explains it. It is thus that the democratic Socialist, Thoré expresses himself:-- “The revolution will always have to be recommenced, so long as we occupy ourselves with consequences only, without having the logic or the courage to attack the principle itself. This principle is capital, false property, interest, and usury, which by the old régime, is made to weigh upon labour. “Ever since the aristocrats invented the incredible fiction, that capital possesses the power of reproducing itself, the workers have been at the mercy of the idle. “At the end of a year, will you find an additional crown in a bag of one hundred shillings? At the end of fourteen years, will your shillings have doubled in your bag? “Will a work of industry or of skill produce another, at the end of fourteen years? “Let us begin, then, by demolishing this fatal fiction.” I have quoted the above, merely for the sake of establishing the fact, that many persons consider the productiveness of capital a false, a fatal, and an iniquitous principle. But quotations are superfluous; it is well known that the people attribute their sufferings to what they call the trafficking in man by man. In fact, the phrase, tyranny of capital, has become proverbial. I believe there is not a man in the world, who is aware of the whole importance of this question:-- “Is the interest of capital natural, just, and lawful, and as useful to the payer as to the receiver?” You answer, No; I answer, Yes. Then we differ entirely; but it is of the utmost importance to discover which of us is in the right, otherwise we shall incur the danger of making a false solution of the question, a matter of opinion. If the error is on my side, however, the evil would not be so great. It must be inferred that I know nothing about the true interests of the masses, or the march of human progress; and that all my arguments are but as so many grains of sand, by which the car of the revolution will certainly not be arrested. But if, on the contrary, MM. Proudhon and Thoré are deceiving themselves, it follows that they are leading the people astray--that they are showing them the evil where it does not exist; and thus giving a false direction to their ideas, to their antipathies, to their dislikes, and to their attacks. It follows that the misguided people are rushing into a horrible and absurd struggle, in which victory would be more fatal than defeat; since, according to this supposition, the result would be the realisation of universal evils, the destruction of every means of emancipation, the consummation of its own misery. This is just what M. Proudhon has acknowledged, with perfect good faith. “The foundation stone,” he told me, “of my system is the gratuitousness of credit. If I am mistaken in this, Socialism is a vain dream.” I add, it is a dream, in which the people are tearing themselves to pieces. Will it, therefore, be a cause for surprise, if, when they awake, they find themselves mangled and bleeding? Such a danger as this is enough to justify me fully, if, in the course of the discussion, I allow myself to be led into some trivialities and some prolixity...FROM THE BOOKS.

Download or read book Essays on Political Economy written by Mathew Carey and published by . This book was released on 1822 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Political Economy written by John Elliot Cairnes and published by . This book was released on 1873 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Political Economy written by Frédéric Bastiat and published by . This book was released on 1853 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Political Economy and International Public Finance written by Áron Kiss and published by Peter Lang. This book was released on 2009 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Coalitions and political accountability -- Divisive politics and accountability -- Minimum taxes and repeated tax competition -- Summary in German.

Download or read book Unto this Last written by John Ruskin and published by . This book was released on 1872 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays in Political Economy written by Frédéric Bastiat and published by . This book was released on 1887* with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Principles of Political Economy written by John Stuart Mill and published by Cosimo, Inc.. This book was released on 2006-09-01 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: Can national growth be sustained indefinitely? How much should government intervene in a competitive market economy? The questions John Stuart Mill raised a century and a half ago, in 1848's Principles of Political Economy, and the answers he found, are just as critical-and just as contentiously debated-today. Through a lens of what the philosopher himself termed "philosophical radicalism"-and what some today call "democratic liberalism"-Mill takes a fresh look at Adam Smith's Wealth of Nations and other influential works of political thought of his time, and recasts them from a more scientific viewpoint, suggesting that such realities as the unequal distribution of wealth were not "natural" but rather a matter of human choice... choices we continue to have to make in our ever more complicated economy. Also available from Cosimo Classics: Selected Writings of John Stuart Mill and On Liberty. English philosopher and politician JOHN STUART MILL (1806-1873) was one of the foremost figure of Western intellectual thought in the late 19th century. He served as an administrator in the East Indian Company from 1823 to 1858, and as a member of parliament from 1865 to 1868. Among his essays on a wide range of political and social thought are On Liberty (1859), Considerations on Representative Government (1861), and The Subjection of Women (1869).

Download or read book Essays on Some Unsettled Questions of Political Economy written by John Stuart Mill and published by . This book was released on 1844 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Political Economy written by Frédéric Bastiat and published by Good Press. This book was released on 2019-11-20 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Essays on Political Economy" by Frédéric Bastiat. Published by Good Press. Good Press publishes a wide range of titles that encompasses every genre. From well-known classics & literary fiction and non-fiction to forgotten−or yet undiscovered gems−of world literature, we issue the books that need to be read. Each Good Press edition has been meticulously edited and formatted to boost readability for all e-readers and devices. Our goal is to produce eBooks that are user-friendly and accessible to everyone in a high-quality digital format.

Download or read book Essays on Political Economy written by Frédéric Bastiat and published by DigiCat. This book was released on 2022-09-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: DigiCat Publishing presents to you this special edition of "Essays on Political Economy" by Frédéric Bastiat. DigiCat Publishing considers every written word to be a legacy of humankind. Every DigiCat book has been carefully reproduced for republishing in a new modern format. The books are available in print, as well as ebooks. DigiCat hopes you will treat this work with the acknowledgment and passion it deserves as a classic of world literature.

Download or read book An Essay on the Political Economy of Nations written by and published by . This book was released on 1821 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on Political Economy written by Frédéric Bastiat and published by . This book was released on 1800 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Longer View written by Paul A. Baran and published by New York : Monthly Review Press. This book was released on 1970 with total page 484 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays Designed to Elucidate the Science of Political Economy written by Horace Greeley and published by Philadelphia, Porter. This book was released on 1869 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Unto this Last written by John Ruskin and published by Bison Books. This book was released on 1967 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: