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Law of compulsory equal division of inheritances, . . 508 5. Laws of Partnership, .
. . . . . . . 509 W 6. Partnerships with limited liability. Chartered Companies, .. 512 7
. Partnerships en commandite, . - - - - - . 516 / 8. Laws relating to Insolvency, , .
Things which by barter would exchange for one another, will, if sold for money,
sell for an equal amount of it, and so will exchange for one another still, though
the process of exchanging them will consist of two operations instead of only one.
The money laid out is equal in value to the goods it purchases; but the quantity of
money laid out is not the same thing with the quantity in circulation. As the money
passes from hand to hand, the same piece of money is laid out many times, ...
rapidity of 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
... the coin, though it cannot be of less, may be, and being a manufactured article
will naturally be, of greater value than the bullion contained in it, on the same
principle on which linen cloth is of more value than an equal weight of linen yarn.
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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