Principles of Political Economy, with Some of Their Applications to Social Philosophy, Том 21862 |
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Сторінка 14
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
... raise the price of those , and so far as he is individually concerned , of those only . If he spends his funds in giving entertainments , he will raise the prices of food and wine . If he expends them in establishing a manufactory , he ...
Сторінка 15
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penuy , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
... raised in price , in a much greater degree than other things . Let us rather suppose , therefore , that to every pound , or shilling , or penuy , in the possession of any one , another pound , shilling , or penny , were suddenly added ...
Сторінка 16
... raising it , in a ratio exactly 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 ...
... raising it , in a ratio exactly 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 ...
Сторінка 20
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
... raise prices . But money hoarded does not act on prices . Money kept in reserve by individuals to meet contingencies which do not occur , does not act on prices . The money in the coffers of the Bank , or retained as a reserve by ...
Сторінка 21
... raise the prices of those different securities , or in other words would lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and ...
... raise the prices of those different securities , or in other words would lower the rate of interest ; and since this would disturb the relation previ- ously existing between the rate of interest on capital in the country itself , and ...
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Загальні терміни та фрази
Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bill bills of exchange book credits bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce commodities consumers corn cost of labour cost of production days labour dealers debt depend depreciated diminished duction effect employed employment enable equal equivalent exchange value existence expense exports fall favourable fluctuations France Germany gold and silver greater imports improvement income increase industry issue labour and capital land law of value less loan lower manufacturers means medium ment millions mode obtain paid payment permanent persons population portion pounds precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit rent rise of prices savings seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wanted 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.