Rural Wealth and Welfare
Economic Principles Illustrated and Applied in Farm Life
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About this book
Rural Wealth and Welfare, subtitled Economic Principles Illustrated and Applied in Farm Life, is by Geo. T. Fairchild. Part I of the contents is headed Productive Industries: Analysis of Aims, Forces, Means and Methods, with chapters on the aims of industry, labor, capital and banks and banking. The text says that the ownership of one's own abilities and their products is absolutely essential to his care for accumulation, and that those communities are most happy which best protect individual property.
On prices, the text says that the expression What the trade will bear means a price such as not to diminish consumption. The text also says that the business principles of a great trust are essentially the same as those in any single manufactory. On the single tax, the text says that if the state were to consume the entire economic rent, it would take only, it is said, what already belongs to the community.
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Book facts
- Author
- Geo. T. Fairchild
- Pages
- 240
- Language
- English
- Genre
- Educational
- Formats
- PDF, EPUB, Read online