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" Butin 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,... "
Principles of Political Economy: With Some of Their Applications to Social ... - Сторінка 553
автори: John Stuart Mill - 1881
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The elements of political economy

Henry Dunning Macleod - 1858 - 573 стор.
...there is a minimum value, determined by the cost of production. But in all things which admit of an indefinite multiplication, demand and supply only...length of time necessary for altering the supply." But this conclusion is, if possible, worse than Ricardo'a. Ricardo boldly put out of sight what did...
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On Labour, Its Wrongful Claims and Rightful Dues, Its Actual Present and ...

William Thomas Thornton - 1870 - 499 стор.
...intelligent believers in the supply and demand theory, its operation is restricted to what Mr. Mill terms 'the perturbations of value during a period which...length of time necessary for altering the supply,' or as the writer in the ' Times ' phrases it, to ' those fluctuations of price happening in an open...
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The Principles of Economical Philosophy, Том 1

Henry Dunning Macleod - 1872
...them, when produced by industry, there is a minimum value determined by cost of production. But in all things which admit of indefinite multiplication,...length of time necessary for altering the supply." Our readers will observe Mr. Mill's reasoning. He says that the value at any particular time is the...
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Dissertations and Discussions: Political, Philosophical, and Historical, Том 5

John Stuart Mill - 1875
...them, when produced by industry, there is a minimum value determined by the cost of production. But in all things which admit of indefinite multiplication,...value gravitate towards cost of production, and which wonlil settle it and keep it there, if fresh disturbing influences were not continually arising to...
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Dissertations and Discussions: Political, Philosophical, and Historical, Том 5

John Stuart Mill - 1875
...period which cannot exceed tho length of timo noccsiiary for altering tho supply. While thus ruling tho oscillations of value, they themselves obey a superior...influences were not continually arising to make it again deviate."—J. 8. Hill," Prino. of PoL Erx>n., p book iil cb. iii. § 2. question. Subject to these...
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Dissertations and Discussions: Political, Philosophical, and Historical, Том 5

John Stuart Mill - 1875
...them, when produced by industry, there is a minimum value determined by the cost of production. But in all things which admit of indefinite multiplication,...during a period which cannot exceed the length of tims necessary for altering the supply. While thus ruling the oscillations of value, they themselves...
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Principles of Political Economy with Some of Their Applications to Social ...

John Stuart Mill - 1875 - 591 стор.
...ajeriod which cannot exceed the IcjigUL of r^me necessary for filtering the supply. While thus rufing the oscillations of value, they themselves obey a superior force, which makes value gravitate toward^ Cost of ProdiictionTTmtrwhich would settle it and keep it there, if fresh disturbing influences...
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An exposition of economic & financial science

William Morton Halbert - 1878
...with the natural price, but it very seldom coincides exactly with it at any particular time. . . . "While thus ruling the oscillations of value, they...influences were not continually arising to make it deviate therefrom." So far as we can make out (or known to us) the above doctrine was not altogether...
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The Elements of Political Economy

Francis Wayland - 1878 - 403 стор.
...processes of Production, the perturbations of value caused by variations of demand and supply continue only during a period, which cannot exceed the length of time necessary for altering the supply. Under the pressure of competition, demand and supply always rush to an equilibrium ; but the condition...
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First Principles of Political Economy: Concisely Presented for the Use of ...

Aaron Lucius Chapin - 1879 - 213 стор.
...competition be free, the perturbations of value caused by variations of demand and supply continue only during a period which cannot exceed the length of time necessary for increasing or diminishing the supply. Under the pressure of competition, demand and supply rush towards...
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