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Principles of Political Economy, Vol. 2

Note 146-3 — CHAPTER 1.

John J. (John Joseph) Lalor translation

On the average degree of this increase of values in different industries, see Chaptal, De l'Industrie française, II, passim. Bolz, Gewerbekalender für, 1833, 111. No such scale can be lastingly valid, because, for instance, almost all technic progress decreases the appreciation of values through industry, and every advance made by luxury raises the claims to refined quality etc. See Hildebrand, Jahrbücher für Nat-Oek., 1863, 248 ff.

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