Principles of Political Economy, Vol. 1 — John Shaqi
Principles of Political Economy, Vol. 1Roscher, Wilhelm
History
Principles of Political Economy, Vol. 1
Roscher, Wilhelm
Economics
Goods are anything which can be used, whether directly or indirectly, for
the satisfaction of any true(56) or legitimate human want,(57) and whose
utility, for this purpose, is recognized. Hence, the idea goods is an
essentially relative one. Every change in man’s wants, or knowledge, is
accompanied by a rapid, corresponding change, either in the limits of the
circle(58) of goods, or in their relative importance. Thus, the tobacco
plant has, probably, existed thousands of years. It became goods, however,
only from the time that man recognized its use for smoking, snuffing etc.,
and experienced the want of it for these purposes. In a similar way, the
limestone of the Solenhofen quarries has become _goods_, of considerable
importance, only since the invention of lithography; decaying bones, only
since that of bone-dust manure; caoutchouc since about 1825, and
gutta-percha, only since 1844. On the other hand, charms,(59) philters,
and even relics, since the decay of faith in their efficacy, have lost the
quality of goods. If the aggregate income of all mankind were, by some
sudden revolution, to be equally divided among all, diamonds, for
instance, would greatly decline in value, for the reason that it is
dependent, in great part, on the wants generated by vanity, or by the
desire of outshining others. Beer, tobacco etc., would rise in the scale
as goods, because the circle of those to whose wants they minister would
have been very greatly extended. On the whole, advancement in civilization
has uniformly the effect, of itself, to increase the quantity and number
of goods, the wants and knowledge of men being thereby increased. We
should reach the ideal here, if all men experienced only true or
legitimate wants, but these completely; if they could see their way,
clearly, to the satisfaction of them, and find the means of satisfying
them with just the amount of effort most conducive to their
physico-intellectual development.(60)
Section II.
Goods.—Economic Goods.
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