What Is Prudence In The Conduct Of

The Division Of Labour Was Limited By The Extent Of The Market

On The Road From The City Of Skepticism, I Had To Pass Through The Valley Of Ambiguity.

A Monopoly Granted Either To An Individual Or To A Trading Company Has The Same Effect As A Secret In Trade Or Manufactures. The Monopolists, By Keeping The Market Constantly Understocked, By Never Fully Supplying The Effectual Demand, Sell Their Commodities Much Above The Natural Price, And Raise Their Emoluments, Whether They Consist In Wages Or Profit, Greatly Above Their Natural Rate.

The Tolls For The Maintenance Of A High Road, Cannot With Any Safety Be Made The Property Of Private Persons.

In This Consists The Difference Between The Character Of A Miser And That Of A Person Of Exact Economy And Assiduity. The One Is Anxious About Small Matters For Their Own Sake; The Other Attends To Them Only In Consequence Of The Scheme Of Life Which He Has Laid Down To Himself.