Free and Discounted Ebooks
Join 130,000 readers! Get our ebook deals straight to your inbox.

The Economist

Volume 1, No. 3

Cover image for

Download


Author: Various Authors
Published: 1843
Language: English
Wordcount: 38,153 / 124 pg
Flesch-Kincaid Reading Ease: 13.6
LoC Categories: AP, HB
Downloads: 8,382
Added to site: 2008.12.29
mnybks.net#: 23015
Genre: Periodical
Excerpt

tion of the gains. In the course of time, however, the public began to discover that these monopolies acted upon them directly as a tax of a most odious description; that the privileged person found it needful always to keep the supply short to obtain his high price (for as soon as he admitted plenty he had no command of price)--that, in short, the sovereign, in conferring a mark of regard on a favourite, gave not that which he himself possessed, but only invested him with the power of imposing a contribution on the public.

The public once awake to the true operation of such privileges, and severely suffering under the injuries which they inflicted, perseveringly struggled against these odious monopolies, until the system was entirely abandoned, and the crown was deprived of the power of granting patents of this class. But though the public saw clearly enough that these privileges granted by the sovereign to individuals operated thus prejudicially on the community, they did not see with equal clearness

SUBSCRIBE TO MANYBOOKS 

FREE EBOOKS 

Join 120,000+ fellow readers! Get Free eBooks and book bargains from ManyBooks in your inbox. 

We respect your email privacy

(advanced)
login | register

User ID

Password

reset password

Author of the Day

John Pearce
Pearce's debut novel, Treasure of Saint-Lazare, received rave reviews, reached a #29 of all Kindle books on Amazon and was picked as the best historical mystery of the year by Readers' Favorite. In this interview, Pearce gives us some behind-the-scenes insights in the creation of Treasure of Saint-Lazare, talks about art and how the city of Paris is a main character in his books.
Read full interview...