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While this system prevailed, it was assumed, either expressly or tacitly, in the
whole policy of nations, that wealth consisted solely of money; or of the recious
metals, which, when not already in the state of money, are capable of being ...
But he only feels it valuable to him as it is convertible into money: he considers
no transaction closed until the net result is either paid or credited in money: when
he retires from business it is into money that he converts the whole, and not until
For example, in estimates of the gross income of the country, founded on the
proceeds of the income-tax, incomes derived from the funds are not always
excluded: though the tax-payers are assessed on their whole nominal income,
Gold and jewels, therefore, constitute a large proportion of the wealth of these
nations, and many a rich Asiatic carries nearly his whole fortune on his person, or
on those of the women of his harem. No one, except the monarch, thinks of ...
as such by being once used, the whole of the labour required for their production,
as well as the abstinence of the person who supplied the means of carrying it on,
must be remunerated from the fruits of that * The able and friendly reviewer of ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю