Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Wirtschaft und Finanzen, 1848 |
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Сторінка v
... 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.
... 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
... Coins . § 1. Objections to a double standard 2. The use of the two metals as money , how obtained without making both of them legal tender CHAPTER XI . Of Credit , as a Substitute for Money . § 1. Credit not a creation but a transfer of ...
... Coins . § 1. Objections to a double standard 2. The use of the two metals as money , how obtained without making both of them legal tender CHAPTER XI . Of Credit , as a Substitute for Money . § 1. Credit not a creation but a transfer of ...
Сторінка 15
... coin in his pocket : this example , however , would involve an alteration of the proportions in the demand for different commodities ; the luxuries of the poor would in the first instance be raised in price , in a much greater degree ...
... coin in his pocket : this example , however , would involve an alteration of the proportions in the demand for different commodities ; the luxuries of the poor would in the first instance be raised in price , in a much greater degree ...
Сторінка 23
... coin have never been effectual . A commodity of such small bulk in proportion to its value is so easily smuggled , and still more easily melted , that it has been impossible by the most stringent measures to prevent these operations ...
... coin have never been effectual . A commodity of such small bulk in proportion to its value is so easily smuggled , and still more easily melted , that it has been impossible by the most stringent measures to prevent these operations ...
Сторінка 24
... coin , and the same weight in an ingot , will precisely exchange for one another . On the supposition of freedom , the metal cannot be worth more in the state of bullion than of coin ; for as it can be melted without any loss of time ...
... coin , and the same weight in an ingot , will precisely exchange for one another . On the supposition of freedom , the metal cannot be worth more in the state of bullion than of coin ; for as it can be melted without any loss of time ...
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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