Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 9
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss , 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers , 327 330 CHAPTER VI ...
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss , 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers , 327 330 CHAPTER VI ...
Сторінка 30
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
Сторінка 34
... consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which ...
... consequence . In no commod- ity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which ...
Сторінка 43
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for or- nament and luxury ; but it is not true of money . If the permanent cost of production of ...
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for or- nament and luxury ; but it is not true of money . If the permanent cost of production of ...
Сторінка 47
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in ... consequence will be , that unless a sov- ereign can be sold for more than twenty shillings , all the sovereigns will ...
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in ... consequence will be , that unless a sov- ereign can be sold for more than twenty shillings , all the sovereigns will ...
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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