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Effect of improvements in production, on international values, . - - - - - - - - . 149 .
The preceding theory not complete, . - - 153 7. International values depend not
solely on the quantities demanded, but also on the means of production available
Effect of a sudden increase of a metallic currency, or of the sudden creation of
bank notes or other substitutes for money, . e e - e - e - - . 194 3. Effect of the
increase of an inconvertible paper currency. Real and nominal exchange, . . - • e .
that tendency from time to time counteracted by improvements in production, - - - -
- - 4. Effect of the progress of society in moderating fluctuations of value, - - - - - - -
- - . 283 278 282 - pAgro 5. Examination of the influence of speculators, and.
e e - e Cases in which public intervention may be necessary to give effect to the
wishes of the persons interested. Examples: hours of labour; disposal of colonial
lands, . Case of acts done for the benefit of others than the persons concerned.
The very same effect would be produced on prices if we suppose the goods
diminished, instead of the money increased: and the contrary effect if the goods
were increased, or the money diminished. If there were less money in the hands
of the ...
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LibraryThing ReviewРецензія користувача - JohnPhelan - LibraryThing
Pragmatic or muddled? Mill sets out to explore economic principles but, ultimately, finds that there is no principle which doesn't have any amount of conceivable exceptions. You have to wonder why its ... Читати огляд повністю