 | Charles Ganilh - Economics - 1812 - 520 pages
...progress of national wealth. He even goes so far as to say, * Physiocratie, Tableau Economique. that " parsimony, and not industry, is the immediate cause of the increase of capital." * Finally, some authors condemn economy, regard consumption as the measure of re-production, insinuate... | |
 | Patrick Colquhoun - Finance - 1814 - 568 pages
...nations and communities could not be put in motion. It is however parsimony, and not industry, which is the immediate cause of the increase of capital. Industry, indeed, provides the means which parsimony accumulates; since whatever industry might acquire, if parsimony did not store... | |
 | William Shepherd, Jeremiah Joyce, Lant Carpenter - Education - 1815 - 598 pages
...the surplus of income that he chiefly founds the progress of national wealth : and he assumes that parsimony and not industry is the immediate cause of the increase of capital. There are some authors who condemn economy; who regard consumption as the measure of reproduction ;... | |
 | Samuel Bailey - Economics - 1823 - 420 pages
...every prodigal is a public enemy, and every frugal man a public benefactor. " Parsimony," he says, " and not industry, is the immediate cause of the increase...store up, the capital would never be the greater." < It is by parsimony, therefore, that public wealth must be increased. This doctrine has been broadly... | |
 | Sir Travers Twiss - Economics - 1847 - 356 pages
...necessity of its submitting to any privation. Adam Smith, on the other hand, con-tended that in all cases, parsimony, and not industry, is the immediate cause...not save and store up, the capital would never be greater. parsimony. " Parsimony," he writes, " by increasing the fund which is destined for the maintenance... | |
 | Travers Twiss - Business & Economics - 1847 - 358 pages
...necessity of its submitting to any privation. Adam Smith, on the other hand, contended that in all cases, parsimony, and not industry, is the immediate cause...not save and store up, the capital would never be greater. Parsimony. » Parsimony," he writes, " by increasing the fund which is destined for the maintenance... | |
 | Charles Tennant - Taxation - 1857 - 510 pages
...with that of all the individuals who compose it, can be increased only in the same manner. Saving, and not industry, is the immediate cause of the increase of capital. Industry provides the subject which saving accumulates. But whatever industrymight acquire, if saving did not... | |
 | Rome - 1857 - 134 pages
...the fundamental law of human happiness is parsimony. It has been stated and proved by Adam Smith that parsimony, and not industry, is the immediate cause of the increase of capital.f To this may be added the statement that the increase of parsimony is the foundation of political... | |
 | Henry Nicholas Sealy - Banks and banking - 1858 - 690 pages
...which alone add to the stock or capital of a country. Adam Smith (b. ii. c. 3. v. ii. p. 93.) : — " Capitals are increased by parsimony, and diminished...store up, the capital would never be the greater." It is seen by this account of credit how a fall in prices directly affects credit, ruining perhaps... | |
 | Henry Nicholas Sealy - Banks and banking - 1858 - 488 pages
...increased by parsimony, and diminished by prodigality and misconduct. " Whatever a person saves from bis revenue he adds to his capital, and either employs...store up, the capital would never be the greater." It is seen by this account of credit how a fall in prices directly affects credit, ruining perhaps... | |
| |
Parsimony, and not industry, is the immediate cause of the increase of capital. Industry, indeed, provides the subject which parsimony accumulates. But whatever industry might acquire, if parsimony did not save and store up, the capital would never be... 
