Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка ix
... Reasons for thinking that the Currency Act of 1844 pro- duces a part of the beneficial effect intended by it but produces mischiefs more than equivalent . 201 203 • 206 210 4 . - 216 5. Should the issue of bank notes be confined to a ...
... Reasons for thinking that the Currency Act of 1844 pro- duces a part of the beneficial effect intended by it but produces mischiefs more than equivalent . 201 203 • 206 210 4 . - 216 5. Should the issue of bank notes be confined to a ...
Сторінка 9
... of the Laws of Value laid down in the pre- ceding chapters . The reasons which make the temporary or market value of things depend on the demand and supply , and their average and permanent values upon their cost of MONEY . 9.
... of the Laws of Value laid down in the pre- ceding chapters . The reasons which make the temporary or market value of things depend on the demand and supply , and their average and permanent values upon their cost of MONEY . 9.
Сторінка 18
... reason why prices should be 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 ...
... reason why prices should be 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 ...
Сторінка 38
... reason for thinking himself liable to . When the practice , however , has grown up of keeping this reserve not in his own custody but with a banker , many small sums , previously lying idle , become aggregated in the banker's hands ...
... reason for thinking himself liable to . When the practice , however , has grown up of keeping this reserve not in his own custody but with a banker , many small sums , previously lying idle , become aggregated in the banker's hands ...
Сторінка 60
... reason , and if all his circumstances were known , every draft already made upon his credit ought to diminish by so much his power of obtaining more , yet in practice the reverse more frequently happens , and his having been trusted by ...
... reason , and if all his circumstances were known , every draft already made upon his credit ought to diminish by so much his power of obtaining more , yet in practice the reverse more frequently happens , and his having been trusted by ...
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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