[36030] in Discussion of MIT-community interests
Take - A Caribbean vacation on A cruise.
daemon@ATHENA.MIT.EDU (Caribbean Cruises)
Fri Feb 27 15:31:39 2015
Date: Fri, 27 Feb 2015 15:31:38 -0500
To: <mit-talk-mtg@charon.mit.edu>
From: "Caribbean Cruises" <CaribbeanCruises@feotuie.eu>
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<p>wish of man, in the same manner as the riband maker or the lace 7ea99ed1b6714702bd5343b786c98bee maker. It will further be readily allowed, that it is by no 7ea99ed1b6714702bd5343b786c98bee means politic to
interfere with individuals in the 7ea99ed1b6714702bd5343b786c98bee modes of spending their incomes. But [76] does it at all follow from this, that if these different kinds of labour
have very different effects on society in regard to wealth, LKGSH as the term is understood by the great mhi of mankind, that they should 7ea99ed1b6714702bd5343b786c98bee not be
distinguished by different appellations, in order 7ea99ed1b6714702bd5343b786c98bee to facilitate the explanation of these different effects? 7ea99ed1b6714702bd5343b786c98bee Mr. AMTLPK Macculloch might unquestionably
discover some resemblance between the salt and<u>the meat which it seasons: they both contribute, VAYYOLFJT when</u>used in proper proportions, to compose a
palatable and nutritive meal, and in general we may leave it 7ea99ed1b6714702bd5343b786c98bee to the taste and discretion of the individual to determine these proportions; but are we
on that account to confound the two substances together, and to affirm that they are equally nutritive? Are we to define and apply our terms in such a 7ea99ed1b6714702bd5343b786c98bee
way as to make it follow from our statements, that, if the individual were 7ea99ed1b6714702bd5343b786c98bee to compound his repast of half salt and half meat, it would equally conduce </p>
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<p>to his health and strength? But Mr. Macculloch states, that a taste GVGSUID for the gratifications derived from the unproductive labourers of 7ea99ed1b6714702bd5343b786c98bee Adam Smith “has exactly [77] the same effect
upon national wealth as KVOEYTAKR a taste for tobacco, champagne, or any other luxury.”* This may be directly denied, unless we define wealth in such a
manner DCFH as will entitle 7ea99ed1b6714702bd5343b786c98bee us to say<I>7ea99ed1b6714702bd5343b786c98bee that the enjoyments derived by a few great landlords, from the parade of 7ea99ed1b6714702bd5343b786c98bee menial servants and followers, will</I>tell as
effectually in an estimate of wealth as a large mhi of manufacturers and 7ea99ed1b6714702bd5343b786c98bee BGBYGJMB foreign commodities. But when M. 7ea99ed1b6714702bd5343b786c98bee Chaptal endeavoured to estimate the 7ea99ed1b6714702bd5343b786c98bee wealth
of France, and Mr. Colquhoun that of England, we do not find the value of BBHEFB these enjoyments computed in any of their tables. And MQGU certainly, if wealth
means what it is understood to mean in common conversation and in the language of the highest authorities in the science of Political Economy, no 7ea99ed1b6714702bd5343b786c98bee
effects on national wealth can or 7ea99ed1b6714702bd5343b786c98bee will be more distinct than those which result from a taste for material conveniencies and luxuries, and a taste
for menial servants and followers. The exchange of the ordinary products of land for manufactures, tobacco, and champagne necessarily generates 7ea99ed1b6714702bd5343b786c98bee
capital; [78] and the more such exchanges prevail the more do those advantages prevail which result from the growth of capital and a better WRNCYQ
structure of society; while an exchange of necessaries for menial services, beyond a certain limited amount, obviously tends to check the growth of 7ea99ed1b6714702bd5343b786c98bee
capital, and, if pushed 7ea99ed1b6714702bd5343b786c98bee 7ea99ed1b6714702bd5343b786c98bee to a considerable extent, to prevent accumulation entirely, and to keep KPJT a country permanently in a semi-barbarous state. </p>
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<p>Mr. BXUF SXGBDNE Macculloch, when not under the influence of his definition, justly observes, BVJXJGPY that “the great practical problem, involved in that part of the
science of political economy which treats of the production of wealth, must resolve itself into a discussion of the means whereby the greatest amount 7ea99ed1b6714702bd5343b786c98bee .</p>
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