The Wealth of Labor (Classic Reprint) - Hardcover

Palmer, Frank Loomis

 
9780656359615: The Wealth of Labor (Classic Reprint)

Inhaltsangabe

Excerpt from The Wealth of Labor

Even the more impartial investigators in this department of political science, in pointing out the effects of inducing labor into occupations that it would not naturally engage in, frequently overlook that labor in consequence is induced out of other occupations, thus calculating the profit or loss of exchange caused by increasing the production of some commodities without reckoning that caused by diminishing the pro duction of others. They commonly represent a community's loss by the greater amount of a commodity that its labor producing it might obtain of it by working in some other and ex changing elsewhere, when perhaps the attempt to exchange more of this other commodity might reduce its value and prevent its ex change at any profit.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

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.

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Reseña del editor

Excerpt from The Wealth of Labor

Even the more impartial investigators in this department of political science, in pointing out the effects of inducing labor into occupations that it would not naturally engage in, frequently overlook that labor in consequence is induced out of other occupations, thus calculating the profit or loss of exchange caused by increasing the production of some commodities without reckoning that caused by diminishing the pro duction of others. They commonly represent a community's loss by the greater amount of a commodity that its labor producing it might obtain of it by working in some other and ex changing elsewhere, when perhaps the attempt to exchange more of this other commodity might reduce its value and prevent its ex change at any profit.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

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.

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