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The Principles of Political Economy

Chapter 15 Of Profits

Word Count: 7023    |    Released on: 18/11/2017

s of capital or stock; the gains of the person who advances the expenses of production - who, from funds in his poss

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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.”