Excerpt from The Political Economy of War Professor Henry Sidgwick pointed out in an acute analysis of the term, this definition is only given at the beginning of the Fourth Book, when Adam Smith turns from the progress of opulence and the causes of that progress to the different systems of political economy which had been invented for the avowed purpose of enriching a people. Adam Smith had shown how, given external peace with a decent degree of order and security, capital accumulates and labour becomes more productive, ...
Read More
Excerpt from The Political Economy of War Professor Henry Sidgwick pointed out in an acute analysis of the term, this definition is only given at the beginning of the Fourth Book, when Adam Smith turns from the progress of opulence and the causes of that progress to the different systems of political economy which had been invented for the avowed purpose of enriching a people. Adam Smith had shown how, given external peace with a decent degree of order and security, capital accumulates and labour becomes more productive, so that increasing wealth and comfort are naturally diffused through all classes of society independently of government, whose efforts (intended to foster) have usually clogged or choked the industry and enterprise of individuals. The Fourth Book of the Wealth of Nations constitutes in fact, to quote Sidgwick's words, an elaborate indictment of all endeavours of government, whether by special encouragements or special restrictions, to allot to a particular species of industry a greater or lesser share of the capital of the society than would naturally go to it. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Read Less
Add this copy of The Political Economy of War (Classic Reprint) to cart. $19.53, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2019 by Forgotten Books.
Add this copy of The Political Economy of War (Classic Reprint) to cart. $20.40, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Political Economy of War Classic Reprint to cart. $22.60, new condition, Sold by Paperbackshop rated 4.0 out of 5 stars, ships from Bensenville, IL, UNITED STATES, published 2018 by Forgotten Books.
Add this copy of The Political Economy of War (Classic Reprint) to cart. $61.10, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 2018 by Forgotten Books.
