Principles of Political Economy: With Some of Their Applicaitons to Socila Philosophy, Том 2D. Appleton, 1884 |
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Сторінка 7
... equivalent , 5. Should the issue of bank notes be confined to a single estab- 222 · 228 • lishment ?. 242 • 6. Should the holders of notes be protected in any peculiar manner against failure of payment ?. 245 CHAPTER XXV . Of the ...
... equivalent , 5. Should the issue of bank notes be confined to a single estab- 222 · 228 • lishment ?. 242 • 6. Should the holders of notes be protected in any peculiar manner against failure of payment ?. 245 CHAPTER XXV . Of the ...
Сторінка 26
... equivalent given for the use of capital , or in other words , interest , is not only called the interest of money , but , by a grosser perversion of terms , the value of money . This misapplication of lan- guage , assisted by some ...
... equivalent given for the use of capital , or in other words , interest , is not only called the interest of money , but , by a grosser perversion of terms , the value of money . This misapplication of lan- guage , assisted by some ...
Сторінка 27
... equivalent expres- sions . We shall proceed to illustrate this proposition more fully . And in doing this , the reader will remark a great difference between the class of questions which now occupy us , and those which we previously had ...
... equivalent expres- sions . We shall proceed to illustrate this proposition more fully . And in doing this , the reader will remark a great difference between the class of questions which now occupy us , and those which we previously had ...
Сторінка 30
... equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities gen- erally , that every diminution of supply raised the value exactly in proportion to the deficiency , or that ...
... equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities gen- erally , that every diminution of supply raised the value exactly in proportion to the deficiency , or that ...
Сторінка 40
... equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the bullion it contains . An ounce of gold , according to the quan- tity of metal in a sovereign , should be worth 37. 17s ...
... equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the bullion it contains . An ounce of gold , according to the quan- tity of metal in a sovereign , should be worth 37. 17s ...
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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