Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка xv
... lower ani- mals . Case of women not analogous . 10. Case of contracts in perpetuity . 11. Cases of delegated management . 12. Cases in which public intervention may be necessary to give effect to the wishes of the persons interested ...
... lower ani- mals . Case of women not analogous . 10. Case of contracts in perpetuity . 11. Cases of delegated management . 12. Cases in which public intervention may be necessary to give effect to the wishes of the persons interested ...
Сторінка 16
... lower prices ; lower , too , in the precise ratio in which the money was diminished . So that the value of money , other things being the same , varies inversely as its quantity ; every increase of quantity lowering the value , and ...
... lower prices ; lower , too , in the precise ratio in which the money was diminished . So that the value of money , other things being the same , varies inversely as its quantity ; every increase of quantity lowering the value , and ...
Сторінка 18
... lower , or the value of money higher . The essential point is , not how often the same money changes hands in a given time , but how often it changes hands in order to perform a given amount of traffic . We must com- pare the number of ...
... lower , or the value of money higher . The essential point is , not how often the same money changes hands in a given time , but how often it changes hands in order to perform a given amount of traffic . We must com- pare the number of ...
Сторінка 19
... lowers them , is the most elementary proposition in the theory of currency , and without it we should have no key to any of the others . In any state of things , however , except the simple and primitive one which we have supposed , the ...
... lowers them , is the most elementary proposition in the theory of currency , and without it we should have no key to any of the others . In any state of things , however , except the simple and primitive one which we have supposed , the ...
Сторінка 21
... lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and that in foreign countries , it would probably induce some of those who had ...
... lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and that in foreign countries , it would probably induce some of those who had ...
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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