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From what precedes, it might for a moment be supposed, that all the goods on
sale in a country at any one time, are exchanged for all the money existing and in
circulation at that same time: or, in other words, that there is always in circulation
In any state of things, however, except the simple and primitive one which we
have supposed, the proposition is only true other things being the same: and
what those other things are, which must be the same, we are not yet ready to ...
We supposed him to employ his treasure in the purchase of goods for his own
use, or in setting up a manufactory and ... he might very probably prefer to invest
his fortune at interest; which we shall suppose him to do in the most obvious way,
shall suppose him to do in the most obvious way, by becoming a competitor for a
portion of the stock, exchequer bills, ... that the passage of the precious metals
from country to country is determined much more than was formerly supposed, ...
We are, however, to suppose a state, not of artificial regulation, but of freedom. In
that state ... The effect of the prohibition cannot, however, have been so entirely
insignificant as it has been supposed to be by writers on the subject. The facts ...
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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