If stipulated in cloth, some manufacturing invention might permanently reduce the
payment to a tenth of its original value. Such things have occurred even in the
case of payments stipulated in gold and silver; but the great fall of their value after
... sets of manufacturers and dealers before they assume the form in which they
are finally consumed, but because in times of speculation (and all times are so,
more or less) the same goods are often bought repeatedly, to be resold for a
Bills of exchange were first introduced to save the expense and risk of
transporting the precious metals from place to pracGT"Let it be supposed,” says
Mr. Henry Thornton,” “that there are in London ten manufacturers who sell their
article to ten ...
We could imagine that in an epidemic fit of the passion of gambling, all dealers,
instead of giving only their accustomed orders to the manufacturers or growers of
their commodity, commenced buying up all of it which they could procure, as far ...
To do this, a given quantity of gas, together with the coke which is the residuum of
its manufacture, must exchange for other things in the ratio of their joint cost of
production. But how much of the remuneration of the producer shall be derived ...
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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