Principles of Political Economy: With Some of Their Applicaitons to Socila Philosophy, Том 2D. Appleton, 1884 |
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Сторінка 9
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss , 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers , 327 330 CHAPTER VI ...
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss , 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers , 327 330 CHAPTER VI ...
Сторінка 30
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
Сторінка 34
... consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which ...
... consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which ...
Сторінка 43
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for or- nament and luxury ; but it is not true of money . If the permanent cost of production of ...
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for or- nament and luxury ; but it is not true of money . If the permanent cost of production of ...
Сторінка 47
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in ... consequence will be , that unless a sov- ereign can be sold for more than twenty shillings , all the sovereigns will ...
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in ... consequence will be , that unless a sov- ereign can be sold for more than twenty shillings , all the sovereigns will ...
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100 days labour 17 yards advantage amount assignats bank notes Bank of England bankers barter benefit bills of exchange book credits bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production crease dealers debt depend depreciation diminished duction effect equal equation of international equivalent exactly exchange value exist expense fall foreign commodities foreign countries France Germany gold and silver holders increase international demand international values issue issuers labour and capital land law of value less loan lower means medium mode modities mon language obtain paid paper currency payments permanent person Poland portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation supposed supposition things tion trade transactions value of money wages wanted whole yards of cloth yards of linen