Economics: Lesson 1 (Classic Reprint) - Tapa blanda

Cudmore, Sedley Anthony

 
9781440042713: Economics: Lesson 1 (Classic Reprint)

Sinopsis

Excerpt from Economics: Lesson 1

Nor is the economic advance of man without influence on his higher life. Compare the primeval man or the sav age of to-day with the citizen of a civilized community. The savage lives usually from hand to mouth, has no leisure for thought, is unable to turn to account the natural forces which he sees in operation around him. He is usually short-lived, liable to attacks of epidemic disease, ignorant and improvident, almost as much at the mercy of nature as are the lower animals. Take away his accustomed food, and he perishes; restore it, and he multiplies; transfer it to another region, and he must follow, as our Indian tribes used to wander after the herds of buffalo over the vast plains of the West. In such a society neither art, nor literature, nor religion, can ever flourish. These imply the existence of individuals who do not need to devote all their time to the mere securing of food; the life of the savage is so precarious that no one can be spared from that most necessary work of keeping the wolf from the door. Hence no considerable degree of mental development has been or can be attained in a primitive community.

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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 Economics: Lesson 1

Nor is the economic advance of man without influence on his higher life. Compare the primeval man or the sav age of to-day with the citizen of a civilized community. The savage lives usually from hand to mouth, has no leisure for thought, is unable to turn to account the natural forces which he sees in operation around him. He is usually short-lived, liable to attacks of epidemic disease, ignorant and improvident, almost as much at the mercy of nature as are the lower animals. Take away his accustomed food, and he perishes; restore it, and he multiplies; transfer it to another region, and he must follow, as our Indian tribes used to wander after the herds of buffalo over the vast plains of the West. In such a society neither art, nor literature, nor religion, can ever flourish. These imply the existence of individuals who do not need to devote all their time to the mere securing of food; the life of the savage is so precarious that no one can be spared from that most necessary work of keeping the wolf from the door. Hence no considerable degree of mental development has been or can be attained in a primitive community.

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.

Reseña del editor

Fundamental Definitions. Nthis materialistic age it may seem unnecessary to insist upon the importance of the economic factor in human life. Yet the average man scarcely realizes how profoundlj his own life and its circumstances are modified, not only by his individual financial position, but also by the accumulated wealth of the so-ciety in which he lives. His house may be lighted by power generated at Niagara and brought to him over a transmission system which has cost millions of dollars to produce; it may be heated by coal mined hundreds of miles away and conveyed to him over an enormously expensive system of railways and steamships. But such stupendous investments of capital as are sunk in the American or Canadian railway systems would have been quite impossible half a century ago, for the whole wealth of these countries at that time would have been insufficient to construct these great raihvays. In order that such railways should exist for the public service, it was necessary that billions of dollars should be saved from the incomes of citizens of these and other countries, and then invested in the building of railways. If this money had not been saved and invested, our modern transportation system could not have existed, and our householder our consumer would have had to pay more dearly for those commodities which must be brought to him from a distance. Our producers in all lines of effort would have been restricted to the narrow local market for their goods, and, because of the limited number of consumers, production on a large scale, with its consequent cheapness, would have been impossible.
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