The Elements of Political Economy: With Some Applications to Questions of the DayAmerican Book Company, 1896 - 363 стор. |
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The Elements of Political Economy: With Some Applications to Questions of ... James Laurence Laughlin Попередній перегляд недоступний - 2016 |
ELEMENTS OF POLITICAL ECONOMY J. Laurence (James Laurence) Laughlin Попередній перегляд недоступний - 2016 |
The Elements of Political Economy: With Some Applications to Questions of ... James Laurence Laughlin Попередній перегляд недоступний - 2015 |
Загальні терміни та фрази
amount bank bill of exchange borrow bushels buyer capitalist cause cent CHAPTER classes of laborers clothing coal coin commodities corn cost of production cotton cultivation debt deposit desire diminishing returns division of labor dollar duction employed employment equal exchange value Exercises.-1 existence expenses exports factory fall farmer fiat money gain give gold and silver Government grain greater imports increase industries investment iron kind labor and capital land law of diminishing laws of value legal tender less loan machinery manager manufacture means natural monopoly normal value outlay paid paper money payment persons Political Economy profits promise to pay purchasing power quantity railways raise rate of interest receive relatively rent rise sacrifice sell share shoes skilled labor soil taxes things tion trade United States notes unskilled labor wages and interest wants wealth wheat workmen
Популярні уривки
Сторінка 312 - ... the wisdom of the Government will be shown in never trusting itself with the use of so seducing and dangerous an expedient.
Сторінка 48 - Give a man the secure possession of a bleak rock, and he will turn it into a garden; give him a nine years' lease of a garden, and he will convert it into a desert.
Сторінка 315 - ... lawful money and a legal tender in payment of all debts, public and private, within the United States, except duties on imports and interest as aforesaid.
Сторінка 214 - The probability that any particular person shall ever be qualified for the employment to which he is educated, is very different in different occupations. In the greater part of mechanic trades success is almost certain, but very uncertain in the liberal professions. Put your son apprentice to a shoemaker, there is little doubt of his learning to make a pair of shoes : but send him to study the law, it is at least twenty to one if ever he makes such a proficiency as will enable him to live by the...
Сторінка 96 - ... and capital of the two countries would not be so productive, the two together would not obtain from their industry so great a quantity of commodities, as when each employs itself in producing, both for itself and for the other, the things in which its labor is relatively most efficient. The addition thus made to the produce of the two combined, constitutes the advantage of the trade.
Сторінка 65 - Wolowski, this amount of live stock and vegetables might have brought four thousand francs, which would have been good remuneration for five songs. In the Society Islands, however, pieces of money were very scarce; and as Mademoiselle could not consume any considerable portion of the receipts herself, it became necessary in the mean time to feed the pigs and poultry with the fruit.
Сторінка 156 - July 14, 1890, are legal tender for all debts, public and private, except where otherwise expressly stipulated in the contract. United States notes are legal tender for all debts, public and private, except duties on imports and interest on the public debt.
Сторінка 311 - The emitting of paper money by the authority of Government is wisely prohibited to the individual States by the national constitution, and the spirit of that prohibition ought not to be disregarded by the Government of the United States. Though paper emissions, under a general authority, might have some advantages not applicable, and be free from some disadvantages which are applicable to the like emissions by the States, separately, yet they are of a nature so liable to abuse — and, it may...
Сторінка 65 - The first difficulty in barter is to find two persons whose disposable possessions mutually suit each other's wants. There may be many people wanting, and many possessing those things wanted ; but to allow of an act of barter, there must be a double coincidence, which will rarely happen.
Сторінка 213 - A journeyman blacksmith, though an artificer, seldom earns so much in twelve hours, as a collier, who is only a labourer, does in eight. His work is not quite so dirty, is less dangerous, and is carried on in daylight, and above ground. Honour makes a great part of the reward of all honourable professions. In point of pecuniary gain, all things considered...