An Exposition of Economic & Financial Science, Based Upon a Cycle of Seasons in Each DecadeRemington, 1878 - 175 стор. |
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An Exposition of Economic & Financial Science: Based Upon a Cycle of Seasons ... William Morton Halbert Попередній перегляд недоступний - 2015 |
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Adam Smith admirable advance annual average ARUNDEL ST Astronomer average rate Bank of England cent characters Cleansing Fires cloth coin and bullion commercial Court Circular crisis crown 8vo currency Curwen Cycle of Seasons decade deserves Ditto Ditto edition enquiry exposition financial science foreign exchanges generalisation give gold coin Gwynedd higher laws invariable average James McCosh Kismet labour Lady Helena Marley Castle mathematical maximum Mean Average ment minimum modern monetary Money Market natural price notes Novels and Tales-Continued observation philosophy Pirkis pleasant plot Political Economy Post present pretty story price of wheat Price per qr principles published rainfall rate of interest readers remarks scene scientific Sears Sir Robert Peel Sir William Hamilton sketches specie payments STRAND style sun spots tale Tenths thought tion trace University Herald W.C. REMINGTONS well-written writers written
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Сторінка 112 - The natural price, therefore, is, as it were, the central price, to which the prices of all commodities are continually gravitating. Different accidents may sometimes keep them suspended a good deal above it, and sometimes force them down even somewhat below it. But whatever may be the obstacles which hinder them from settling in this center of repose and continuance, they are constantly tending towards it.
Сторінка 130 - When He made a decree for the rain, and a way for the lightning of the thunder, then did He see it, and declare it : He prepared it, yea, and searched it out.
Сторінка 131 - God understandeth the way thereof, and he knoweth the place thereof. For he looketh to the ends of the earth, and seeth under the whole heaven; To make the weight for the winds; and he weigheth the waters by measure. When he made a decree for the rain, and a way for the lightning of the thunder; Then did he see it, and declare it; he prepared it, yea, and searched it out. And unto man he said, Behold, the fear of the Lord, that is wisdom; and to depart from evil is understanding.
Сторінка 26 - Wealth of Nations" is in many parts obsolete, and in all, imperfect. Political Economy, properly so called, has grown up almost from infancy since the time of Adam Smith; and the philosophy of society, from which practically that eminent thinker never separated his more peculiar theme, though still in a very early stage of its progress, has advanced many steps beyond the point at which he left it.
Сторінка 49 - laws," which were rightly said to be the statement of an order of facts in one paragraph, are declared to be the facts themselves in the next. We are next told that, though it may be customary and permissible to use "law...
Сторінка 10 - As to their objects.— In the first place : — The Mathematical sciences are limited to the relations of quantity alone, or, to speak more correctly, to the one relation of quantities — equality and inequality; the Philosophical sciences, on the contrary, are astricted to none of the categories, are coextensive with existence and its modes, and circumscribed only by the capacity of the human intellect itself.
Сторінка 13 - From this general contrast it will easily be seen, how an excessive study of the mathematical sciences not only does not prepare, but absolutely incapacitates the mind, for those intellectual energies which philosophy and life require.
Сторінка 58 - ... in reflecting upon physical phenomena and events, and tracing their causes by the process of reason, we become more and more convinced of the truth of the ancient doctrine, that the forces inherent in matter, and those which govern the moral world exercise their action under the control of primordial necessity...
Сторінка 114 - But in all things which admit of indefinite multiplication, demand and supply only determine the perturbations of value, during a period which cannot exceed the length of time necessary for altering the supply. While thus ruling the oscillations of value, they themselves obey a superior force, which makes value gravitate towards Cost of Production, and which would settle it and keep it there, if fresh disturbing influences were not continually arising to make it again deviate.
Сторінка 113 - Adam Smith and Ricardo have called that value of a thing which is proportional to its cost of production, its Natural Value (or its Natural Price). They meant by this, the point about which the value oscillates, and to which it always tends to return...