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The Principles of Political Economy

Chapter 11 Of the Law of the Increase of Capital

Word Count: 5286    |    Released on: 18/11/2017

e impediments to the increase of production do not arise from the first of these elements. On the side of labour the

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The Principles of Political Economy
The Principles of Political Economy
“Preliminary Remarks In every department of human affairs, Practice long precedes Science systematic enquiry into the modes of action of the powers of nature, is the tardy product of a long course of efforts to use those powers for practical ends. The conception, accordingly, of Political Economy as a branch of science is extremely modern; but the subject with which its enquiries are conversant has in all ages necessarily constituted one of the chief practical interests of mankind, and, in some, a most unduly engrossing one.”