Principles of political economy, with some of their applications to social philosophy, Том 21862 |
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Сторінка ix
... equivalent . 210 · • - 5. Should the issue of bank notes be confined to a single establishment ? . . 6. Should the holders of notes be protected in any peculiar manner against failure of payment ? . CHAPTER XXV . Of the Competition of ...
... equivalent . 210 · • - 5. Should the issue of bank notes be confined to a single establishment ? . . 6. Should the holders of notes be protected in any peculiar manner against failure of payment ? . CHAPTER XXV . Of the Competition of ...
Сторінка 12
John Stuart Mill. investment on loan are called the monied class : and the equivalent given for the use of capital , or in other words , interest , is not only called the interest of money , but , by a grosser perversion of terms , the ...
John Stuart Mill. investment on loan are called the monied class : and the equivalent given for the use of capital , or in other words , interest , is not only called the interest of money , but , by a grosser perversion of terms , the ...
Сторінка 13
... equivalent expres- sions . We shall proceed to illustrate this proposition more fully . And in doing this , the reader will remark a great difference between the class of questions which now occupy us , and those which we previously had ...
... equivalent expres- sions . We shall proceed to illustrate this proposition more fully . And in doing this , the reader will remark a great difference between the class of questions which now occupy us , and those which we previously had ...
Сторінка 16
... equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities generally , that every diminution of supply raised the value exactly in pro- portion to the deficiency , or that ...
... equivalent . This , it must be observed , is a property peculiar to money . We did not find it to be true of commodities generally , that every diminution of supply raised the value exactly in pro- portion to the deficiency , or that ...
Сторінка 27
... equivalent for the labour and expense of mining , and for the risks attending a branch of industry in which nine out of ten experiments have usually been failures . A part of the mass of floating capital which is on the look - out for ...
... equivalent for the labour and expense of mining , and for the risks attending a branch of industry in which nine out of ten experiments have usually been failures . A part of the mass of floating capital which is on the look - out for ...
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Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bill borrow bullion capitalists cause cheaper cheapness cheques circulation circumstances coin commerce consequence consumers corn cost of labour cost of production days labour dealers debt degree demand depend depreciated depreciated currency diminished duction effect employed employment equal equivalent exchange exchange value existing expense exports fall favour France Germany gold and silver greater imports improvement income increase industry issue issuers labour and capital land law of value less loans lower means ment millions mode necessary obtain Octavo paid payment permanent persons Poland population portion pounds precious metals principle produce proportion raise rate of interest rate of profit rent rise of prices seignorage sell speculation supply supposed supposition taxation things tion trade transactions value of money wages whole yards of cloth yards of linen
Популярні уривки
Сторінка 319 - There is room in the world, no doubt, and even in old countries, for a great increase of population, supposing the arts of life to go on improving, and capital to increase. But even if innocuous, I confess I see very little reason for desiring it.
Сторінка 320 - Hitherto it is questionable if all the mechanical inventions yet made have lightened the day's toil of any human being.
Сторінка 550 - Letting alone, in short, should be the general practice: every departure from it, unless required by some great good, is a certain evil.
Сторінка 375 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
Сторінка 6 - Money is a commodity, and its value is determined like that of other commodities, temporarily by demand and supply, permanently and on the average by cost of production.
Сторінка 322 - ... the other. The rich should be in loco parentis to the poor, guiding and restraining them like children. Of spontaneous action on their part there should be no need. They should be called on for nothing but to do their day's work, and to be moral and religious. Their morality and religion should be provided for them by their superiors, who should see them properly taught it, and should do all that is necessary to ensure their being, in return for labour and attachment, properly fed, clothed, housed,...
Сторінка 325 - ... when they were brought together in numbers, to work socially under the same roof; when railways enabled them to shift from place to place, and change their patrons and employers as easily as their coats; when they were encouraged to seek a share in the government, by means of the electoral franchise.
Сторінка 374 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Сторінка 118 - It is commerce which is rapidly rendering war obsolete, by strengthening and multiplying the personal interests which are in natural opposition to it.
Сторінка 339 - THE form of association, however, which, if mankind continue to improve, must be expected in the end to predominate, is not that which can exist between a capitalist as chief and workpeople without a voice in the management, but the association of the labourers themselves on terms of equality, collectively owning the capital with which they carry on their operations, and working under managers elected and removable by themselves.