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Descriptive Economics: An Introduction to Economic Science (Classic Reprint)
Louis Lafayette Williams
Sin vista previa disponible - 2019
Descriptive Economics: An Introduction to Economic Science
Louis Lafayette Williams,Fernando E Rogers
Sin vista previa disponible - 2016
according activity advance agricultural amount animals authority bank barter become beginning better called capital chapter character civilization clothing coin comes commerce condition connected cultivation demand depend discussion distribution division dollar domestic economic employer employes equal exchange existence fact follow frequently gild gold greater growth hand higher hunter illustrate important increase Indian individual industrial society interest isolated labor land less living manufactures means merchant monopolies nation nature necessary notes organization ownership period persons population possession practice procure profits progress protection question reason reference regulations relates rise silver social soil stage struggle subsistence supply surplus territory things tion town trade tribes United various village wages wants whole
Página 139 - This is robbery. The second by commerce, which is generally cheating. The third by agriculture, the only honest way, wherein man receives a real increase of the seed thrown into the ground, in a kind of continual miracle...
Página 233 - Governments some plan of arbitration for the settlement of disagreements and disputes that may hereafter arise between them, and for considering questions relating to the improvement of business intercourse and means of direct communication between said countries, and to encourage such reciprocal commercial relations as will be beneficial to all and secure more extensive markets for the products of each of said countries.
Página 174 - ... the human species would increase as the numbers 1, 2, 4, 8, 16, 32, 64, 128, 256, and subsistence as 1, 2, 3, 4, 5, 6, 7, 8, 9. In two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thousand years the difference would be almost incalculable.
Página 35 - It is accordingly probable that the great epochs of human progress have been identified, more or less directly, with the enlargement of the sources of subsistence.
Página 58 - Of the past the old man's thoughts were, And the maiden's of the future. He was thinking, as he sat there, Of the days when with such arrows He had struck the deer and bison. On the Muskoday, the meadow; Shot the wild goose, flying southward, On the wing, the clamorous Wawa; Thinking of the great war-parties, How they came to buy his arrows, Could not fight without his arrows.
Página 93 - Syde's agent wished to be paid in ivory, of which I had none; but I found that Mohammed ibn Salib had ivory, and wanted cloth. Still, as I had no cloth, this did not assist me greatly until I heard that Mohammed ibn Gharib had cloth and wanted wire. This I fortunately possessed. So I gave...
Página 115 - Origin of the Merchant Gild The merchant gild, or hanse, for the words are used synonymously, was a society formed primarily for the purpose of obtaining and maintaining the privilege of carrying on trade — a privilege which implied the possession of a monopoly of trade in each town by the gild brethren as against its other inhabitants, and also liberty to trade in other towns.
Página 132 - Each was a body of burghers who identified the right to carry on an independent trading or industrial occupation with the right of burgess-ship; who imposed restrictions on the acquisition of citizenship, with the object of protecting the interests of those already enjoying it ; who acted together by market regulation and inter-municipal negotiation to secure every advantage they could over rival boroughs...
Página 210 - ... and war is threatened. By and by, when the loss of trade is felt, negotiation is tried. An envoy is selected who is of high rank in his own tribe, and, if possible, connected with the other tribe by marriage. He is usually a quiet man of fluent speech. Wearing white eagle feathers in his head-dress as a mark of peace, he departs in a small canoe. Only one female attendant, generally an old slave, accompanies him, to assist in paddling, as the natives never risk two men on such occasions. The...