Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 28
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
Сторінка 29
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penny , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penny , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
Сторінка 30
... raised more , and others less , the average rise would be one - fourth . This is a necessary consequence of the fact ... raising it , in a ratio exactly equivalent . This , it must be observed , is a property peculiar to money . We did ...
... raised more , and others less , the average rise would be one - fourth . This is a necessary consequence of the fact ... raising it , in a ratio exactly equivalent . This , it must be observed , is a property peculiar to money . We did ...
Сторінка 33
... raises prices , and a diminution lowers them , is the most ele- mentary proposition in the theory of currency , and without it we should have no key to any of the others . In any state of things , however , except the simple and ...
... raises prices , and a diminution lowers them , is the most ele- mentary proposition in the theory of currency , and without it we should have no key to any of the others . In any state of things , however , except the simple and ...
Сторінка 34
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
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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