Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Wirtschaft und Finanzen, 1848 |
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Сторінка v
... bullion contained in it 8 23 2 . - which is determined by the cost of production 26 3. This law , how related to the principle laid down in the pre- ceding chapter ........ 28 CHAPTER X. Of a Double Standard , and Subsidiary Coins.
... bullion contained in it 8 23 2 . - which is determined by the cost of production 26 3. This law , how related to the principle laid down in the pre- ceding chapter ........ 28 CHAPTER X. Of a Double Standard , and Subsidiary Coins.
Сторінка vi
... bullion , an inconvertible currency might be safe , but not expedient 22 72 75 3. Examination of the doctrine that an inconvertible currency is safe if representing actual property 77 - 4. of the doctrine that an increase of the ...
... bullion , an inconvertible currency might be safe , but not expedient 22 72 75 3. Examination of the doctrine that an inconvertible currency is safe if representing actual property 77 - 4. of the doctrine that an increase of the ...
Сторінка 24
... bullion . It may be thought however that 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 ...
... bullion . It may be thought however that 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 ...
Сторінка 25
... bullion , it becomes the interest of the hold- ers of bullion to send it to be coined . If Government , how- ever , throws the expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense , ( which ...
... bullion , it becomes the interest of the hold- ers of bullion to send it to be coined . If Government , how- ever , throws the expense of coinage , as is reasonable , upon the holder , by making a charge to cover the expense , ( which ...
Сторінка 26
... bullion is deposited , before the coin can be obtained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the bullion ...
... bullion is deposited , before the coin can be obtained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the value of coin is in general slightly above that of the bullion ...
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Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion cause cheaper cheques circulation circumstances coin commercial commodities consequence consumers corn corn laws cost of production currency dealers debt degree demand depend depreciation diminished direct tax duty effect employed employment England equal equivalent exchange exchange value existing expense exports fall favour France Germany gold and silver greater imports improvement income increase industry issue labour and capital land landlords law of value less loans lower means ment mode necessary obtain paid paper payment person population portion pounds precious metals present principle produce proportion quantity of money raise rate of interest rate of profit rent revenue rise of price seignorage sell speculation supply suppose taxation things tion tithe trade transactions value of money wages wealth whole yards of cloth yards of linen