Результати 1-5 із 51
With Some of Their Applications to Social Philosophy John Stuart Mill. CHAPTER
XXV. Of the Competition of different Countries sin the same Market. PAGE § 1.
Causes which enable one country to undersell another, . 247 2. Low wages one
It would be an increase of values only as estimated in money, a thing only
wanted to buy other things with ; and would not enable any one to buy more of
them than before. Prices would have risen in a certain ratio, and the value of
... was previously in circulation, unnecessary. As, however, being payable on
demand, they may be at any time returned on the issuer, and money demanded
for them, he must, on pain of bankruptcy, keep by him as much money as will
Suppose that, in the expectation that some commodity will rise in price, he
determines, not only to invest in it all his ready money, but to take up on credit,
from the producers or importers, as much of it as their opinion of his resources
will enable ...
He may, doubtless, also ask himself, in case he should be disappointed in these
expectations, to what quarter he can look for a temporary advance, to enable him,
at the worst, to keep his engagements. But in the first place, this prospective ...
Відгуки відвідувачів - Написати рецензію
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