Economic Addresses, Vol. 9 (Classic Reprint) - Couverture souple

Folwell, William Watts

Couverture souple

ISBN 10 : 1330294793 ISBN 13 : 9781330294796

Editeur : Forgotten Books, 2019

A propos du livre

Présentation de l'éditeur

The following address was prepared for and used as one of a series of lectures offered by the University Extension Department of the University of Chicago, in the winter of 1905. It was given in Des Moines, I owa; Kansas City andS t. Joseph, Missouri; Saint Paul and Minneapolis, Minnesota. It was later delivered before various audiences. For a discussion which must close before bedtime, a speaker may not follow the example of Diedrich Knickerbocker, who began his famous History of New York with the creation of the world. We are obliged to assume that some things have been settled. I will ask that these four be so assumed: First, the institution of private property; second, the right and duty of organized society to control that institution; third, the advantages, individual and social, of the division of labor; fourth, the advantages, individual and social, of exchange. These granted, it is evident, or will be after a little reflection, that at some time in the social evolution the trader must appear. Before the trader, however, came the market. The researches of Sir Henry Maine and others have revealed the origin of the market, for the A ryan or I ndo-E uropean family of mankind at least. Within those primitive village communities into which our remote ancestors were grouped, the exchange of products was merely a matter of neighborly accommodation. This man had fish, a kinsman had game, to spare. They exchanged. Both were gratified; neither thought of an advantage gained over the other. Doubtless custom, which in primitive communities stands for law, moderated the trifling transactions. Exchanges, however, arose between adjoining communities and a custom grew of resorting to convenient gathering places on the common border line the mark they called it. Here on the mark the market came to be held at customary times and seasons. Here the dealings were no long
(Typographical errors above are due to OCR software and don't occur in the book.)

Détails de l'édition

• Éditeur: Forgotten Books
• Date d'édition: 2019
• Langue: anglais
• ISBN 10: 1330294793
• ISBN 13: 9781330294796
• Reliure: Broché
• Nombre de pages: 110
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