This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ...in the economy of society. This reason is that production, in the proper technical meaning of the word, takes time. Some labour, as e.g. that of domestic servants, is of immediate use. But most labour must be performed some time, be it long or short, before the product on which it is bestowed is ready. ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ...in the economy of society. This reason is that production, in the proper technical meaning of the word, takes time. Some labour, as e.g. that of domestic servants, is of immediate use. But most labour must be performed some time, be it long or short, before the product on which it is bestowed is ready. If labourers were willing to wait till that moment, they would get the price of the product to distribute among them; they would have, to use a famous term, "the whole produce of their own labour." But generally they do not care to wait, indeed, in most cases, cannot wait; and they have to find another person to wait in their stead. i It should be observed that we are not, so far, concerned with the question whether anything should be paid for this waiting. The only thing here insisted upon is that waiting is necessary, partly on the ground that the consumption of durable goods takes time, and partly on the ground, that production takes time. Between the moment of sacrifice and that of enjoyment a time must elapse; he who has made the sacrifice must either himself wait for the reward, or he must find someone else to do it. This necessity is founded on the very nature of things and is not in the slightest degree dependent on social institutions or on any incidental circumstances of our present society. Neither does it seem to have been doubted by anybody; and the only reason why this point has been dwelt on at some length, is its fundamental importance for the whole argument of this book. In what follows the term "capital" will be understood to embrace all produced goods except such consumable goods as are already in the hands of I the consumer. It might be doubted whether durable goods whose services are of immediate use...
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Add this copy of The Nature and Necessity of Interest to cart. $18.00, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of The Nature and Necessity of Interest to cart. $27.82, fair condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1903 by Macmillan.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. In fair condition, suitable as a study copy. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 700grams, ISBN:
Add this copy of The Nature and Necessity of Interest to cart. $28.30, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2022 by Legare Street Press.
Add this copy of Nature and Necessity of Interest to cart. $47.76, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1957 by Augustus m Kelley Pubs.
Add this copy of The Nature and Necessity of Interest to cart. $61.98, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2022 by Legare Street Press.
Add this copy of The Nature and Necessity of Interest to cart. $170.28, good condition, Sold by Burwood Books rated 4.0 out of 5 stars, ships from Wickham Market, SUFFOLK, UNITED KINGDOM, published 1903 by Macmillan.
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Seller's Description:
Good. First Edition. Hardback. 8vo. Original publisher's brown cloth lettered gilt at the spine. pp xii, 189. Uncut. Money Standard, finance, etc. Covers slightly marked, spine slightly tanned, endpapers slightly browned otherwise decent VG copy.
