The Principles of Political Economy Applied to the Condition, the Resources, and the Institutions of the American PeopleLittle, Brown, 1859 - 546 стор. |
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Сторінка vii
... currency , and of McCulloch upon the laws of inheritance . It is not the light of American experience alone which has induced me to modify or reject these theories ; I have at- tempted to show that they are indefensible even upon the ...
... currency , and of McCulloch upon the laws of inheritance . It is not the light of American experience alone which has induced me to modify or reject these theories ; I have at- tempted to show that they are indefensible even upon the ...
Сторінка x
... currency . Mr. J. S. Mill , an avowed iconoclast and reformer , has followed or preceded these writers on some of their points of dissent from the old school , and has incorpo- rated into his work some very bold speculations respecting ...
... currency . Mr. J. S. Mill , an avowed iconoclast and reformer , has followed or preceded these writers on some of their points of dissent from the old school , and has incorpo- rated into his work some very bold speculations respecting ...
Сторінка xix
... currency Operations of the Allied Banks in Massachusetts Their policy defended • Different relative valuations of silver and gold 297 298 299 300 " Raising the standard ” Other uses of the precious metals How their relative values are ...
... currency Operations of the Allied Banks in Massachusetts Their policy defended • Different relative valuations of silver and gold 297 298 299 300 " Raising the standard ” Other uses of the precious metals How their relative values are ...
Сторінка xxi
... currency The small - note currency should be restricted 359 360 Peril of a general suspension 361 • Peril of mismanagement and failure of particular banks 361 Expedients for the security of the circulation 363 The Safety Fund system 363 ...
... currency The small - note currency should be restricted 359 360 Peril of a general suspension 361 • Peril of mismanagement and failure of particular banks 361 Expedients for the security of the circulation 363 The Safety Fund system 363 ...
Сторінка xxiii
... currency needed for such speculation The currency not actually increased at such times English examples cited to this effect American examples · Not money , but disposable capital , is wanted Money not needed even to effect payments ...
... currency needed for such speculation The currency not actually increased at such times English examples cited to this effect American examples · Not money , but disposable capital , is wanted Money not needed even to effect payments ...
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acre Adam Smith advantage aggregate agricultural American amount annual average Bank of England banks bills bills of exchange Britain capital causes cent Circulating Capital circulation circumstances civilized coin commercial commodities consequence consumed consumption coöperation cost cultivation currency debt demand depreciation diminished distribution division of labor dollars effect employed employment England English enjoyment equal exchange exchangeable value exports extent fact flour foreign former frugality gold greater hand increase individual industry inhabitants institutions interest Ireland J. S. Mill labor land less manufactures Massachusetts means ment merchant millions natural nearly necessary obtain operations payment persons Political Economy population portion pound sterling precious metals principles production proportion purchase quantity rate of profit rent savings says sell silver society soil specie supply tion trade value of money wages wants wealth whole
Популярні уривки
Сторінка 136 - In two centuries the population would be to the means of subsistence as 256 to 9; in three centuries as 4096 to 13, and in two thousand years the difference would be almost incalculable.
Сторінка 126 - The laws and conditions of the production of wealth, partake of the character of physical truths. There is nothing optional, or arbitrary in them. Whatever mankind produce, must be produced in the modes, and under the conditions, imposed by the constitution of external things, and by the inherent properties of their own bodily and mental structure.
Сторінка 60 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Сторінка 34 - With many a weary step, and many a groan, Up the high hill he heaves a huge round stone; The huge round stone, resulting with a bound, Thunders impetuous down, and smokes along the ground.
Сторінка 91 - Thirdly, and lastly, commerce and manufactures gradually introduced order and good government, and with them the liberty and security of individuals, among the inhabitants of the country, who had before lived almost in a continual state of war with their neighbours, and of servile dependency upon their superiors.
Сторінка 503 - They came to a new country. There were as yet no lands yielding rent, and no tenants rendering service. The whole soil was unreclaimed from barbarism. They were themselves, either from their original condition, or from the necessity of their common interest, nearly on a general level in respect to property.
Сторінка 229 - The property which every man has in his own labor, as it is the original foundation of all other property, so it is the most sacred and inviolable.
Сторінка 503 - In my judgment, therefore, a republican form of government rests not more on political constitutions than on those laws which regulate the descent and transmission of property. Governments like ours could not have been maintained, where property was holden according to the principles of the feudal system; nor, on the other hand, could the feudal constitution possibly exist with us. Our New England ancestors brought hither no great capitals from Europe ; and if they had, there was nothing productive...
Сторінка 237 - In every society the price of every commodity finally resolves itself into some one or other, or all of those three parts; and in every improved society, all the three enter more or less, as component parts, into the price of the far greater part of commodities.
Сторінка 12 - What is annually saved is as regularly consumed as what is annually spent, and nearly in the same time too ; but it is consumed by a different set of people.