Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 7
... hands , and to interdict all coining by private persons ; indeed , their guarantee was often the only one which would have been relied on , a reliance however which very often it ill deserved ; profligate governments having until a very ...
... hands , and to interdict all coining by private persons ; indeed , their guarantee was often the only one which would have been relied on , a reliance however which very often it ill deserved ; profligate governments having until a very ...
Сторінка 12
... hand to hand through that medium . § 2. The value or purchasing power of money depends , in the first instance , on demand and supply . But demand and supply , in relation to money , present themselves in a somewhat different shape from ...
... hand to hand through that medium . § 2. The value or purchasing power of money depends , in the first instance , on demand and supply . But demand and supply , in relation to money , present themselves in a somewhat different shape from ...
Сторінка 14
... hands of the sellers of these different articles ; and they , whether labourers or dealers , having more money to lay out , will create an increased demand for all the things which they are accustomed to purchase : these accord- ingly ...
... hands of the sellers of these different articles ; and they , whether labourers or dealers , having more money to lay out , will create an increased demand for all the things which they are accustomed to purchase : these accord- ingly ...
Сторінка 15
... hands of individuals to be increased , the wants and inclinations of the community collectively in respect to consumption remaining exactly the same ; the increase of demand would reach all things equally , and there would be an ...
... hands of individuals to be increased , the wants and inclinations of the community collectively in respect to consumption remaining exactly the same ; the increase of demand would reach all things equally , and there would be an ...
Сторінка 16
... hands of the community , and the same amount of goods to be sold , less money altogether would be given for them , and they would be sold at lower prices ; lower , too , in the precise ratio in which the money was diminished . So that ...
... hands of the community , and the same amount of goods to be sold , less money altogether would be given for them , and they would be sold at lower prices ; lower , too , in the precise ratio in which the money was diminished . So that ...
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100 days labour 17 yards Adam Smith advantage amount assignats bank notes Bank of England bankers benefit book credits borrow bullion cheaper cheapness cheques circulation circumstances coin commerce consumers corn cost of carriage cost of production dealers debt depend depreciated diminished dities duction effect employed equal equation of international equivalent exactly exchange value existence expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement increase interchange international demand international values issue issuers labour and capital land law of value less loans lower means medium mode modities obtain paid paper currency payment permanent persons Poland portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money rate of interest rate of profit ratio rise of prices seignorage sell speculation suppose supposition theory things tion transactions value of money wages wanted whole yards of cloth yards of linen