Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 6
... less costly have sometimes been chosen , as iron in Lacedæmon from an ascetic policy , copper in the early Roman republic from the poverty of the people ; gold and silver have been generally preferred by nations which were able to ...
... less costly have sometimes been chosen , as iron in Lacedæmon from an ascetic policy , copper in the early Roman republic from the poverty of the people ; gold and silver have been generally preferred by nations which were able to ...
Сторінка 16
... less money in the 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 ...
... less money in the 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 ...
Сторінка 25
... less in coin than has been received in bullion , and is called levying a seignorage ) , the coin will rise , to the extent of the seignorage , above the value of the bullion . If the mint kept back one per cent , to pay the expense of ...
... less in coin than has been received in bullion , and is called levying a seignorage ) , the coin will rise , to the extent of the seignorage , above the value of the bullion . If the mint kept back one per cent , to pay the expense of ...
Сторінка 40
... less than the amount of many of the transactions singly , and is necessarily less than the sum of the transactions , is all that is paid in money ; and perhaps even this is not paid , but carried over in an account current to the next ...
... less than the amount of many of the transactions singly , and is necessarily less than the sum of the transactions , is all that is paid in money ; and perhaps even this is not paid , but carried over in an account current to the next ...
Сторінка 44
... less than justice to the other . " We come next to some points in which they differ . 66 First , the fictitious note , or note of accommodation , is liable to the objection that it professes to be what it is not . This objection ...
... less than justice to the other . " We come next to some points in which they differ . 66 First , the fictitious note , or note of accommodation , is liable to the objection that it professes to be what it is not . This objection ...
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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