Principles of Economics Vol. 1 (Classic Reprint)

Excerpt from Principles of Economics Vol. 1<br><br>This Principle is applied not only to the ethical quality of the motives by which a man may be in?uenced in choosing his ends but also to the sagacity the energy ml the enterprise with which he pursues those ends. Thus m is laid on the fact that there is a continuous gradation from the actions of city men which are based on deliberate and far-reaching calculations and are executed with vigour and ability to those of ordinary people who have neither the power nor the will to conduct their a?''airs in a business-like way. The normal willingness to save the nermlwillingness to undergo a certain exertion for a certain pecuniary reward or the normal alertness to seek the best markets in which to buy and sell or to search out the most advantageous occupation for oneself or for one''s children all these and similar phrases must be relative to the mem beuofa particular class at a given place and time: but M that is once understood the theory of normal value is Mable to the actions of the unbusiness-like classes in the sway though not with the same precision of detail as M of the merchant orbanker.<br><br>About the Publisher<br><br>Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com<br><br>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.