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Principles of Political Economy

By Roscher, William

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Book Id: WPLBN0000667801
Format Type: PDF eBook
File Size: 18.31 MB.
Reproduction Date: 2005

Title: Principles of Political Economy  
Author: Roscher, William
Language: English
Subject: Political science., Economics and literature, Economic & political studies series
Collections: Economics Publications Collection
Publication Date:
Publisher: Archive for the History of Economic Thought


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Roscher, W. (n.d.). Principles of Political Economy. Retrieved from

Economic Theory Literature

Excerpt: CHAPTER I. The idea covered by the word receipts (Einmhme) embraces all the new additions successively made to one's resources within a given period of time.' Income, on the other hand, embraces only such receipts as are the results of economic activity. (See $8 2, 11.) Produce (Ertrag, produit) is income, but not from the point of view of the person or subject engaged in a business of any kind, but from that of the business itself, or of the object with which the business is concerned, and on which it, so to speak, acts.


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