Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 3
... circulation , 4. Explanations and limitations of this principle , 25 26 31 33 } 13 AB CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The Value of money , in a state of freedom , conforms to the value of ...
... circulation , 4. Explanations and limitations of this principle , 25 26 31 33 } 13 AB CHAPTER IX . Of the Value of Money , as dependent on Cost of Production . § 1. The Value of money , in a state of freedom , conforms to the value of ...
Сторінка 27
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
... circulation at the time . The demand for money , again , consists of all the goods offered for sale . Every seller of goods is a buyer of money , and the goods he brings with him constitute his demand . The demand for money differs from ...
Сторінка 29
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
... circulation was doubled , prices would be doubled . If it was only increased one - fourth , prices would rise one - fourth . There would be one - fourth more money , all of which would be used to purchase goods of some description ...
Сторінка 31
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
... circulation in a country , a quantity of money equal in value to the whole of the goods then and there on sale . But this would be a complete misapprehension . The money laid out is equal in value to the goods it purchases ; but the ...
Сторінка 32
... circulation . And the quantity of money in cir culation , is equal to the money value of all the goods sold , divided by the number which expresses the rapidity of cir- culation . The phrase , rapidity of circulation , requires some com ...
... circulation . And the quantity of money in cir culation , is equal to the money value of all the goods sold , divided by the number which expresses the rapidity of cir- culation . The phrase , rapidity of circulation , requires some com ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen