Studies in Political EconomyH.S. King & Company, 1875 - 185 стор. |
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Сторінка vi
... articles of exchange , which is quite true , and then proceeding to treat money as not property at all , but only a ' circu- lating medium . ' According to the principles laid down , an ingot of gold is an article of value which may be ...
... articles of exchange , which is quite true , and then proceeding to treat money as not property at all , but only a ' circu- lating medium . ' According to the principles laid down , an ingot of gold is an article of value which may be ...
Сторінка 1
... exchange ' only in so far as , and because , they are eminently articles - and , from their peculiar value and characteristics , pre - eminently the articles of exchange . They do not become valuable because they are money , but are ...
... exchange ' only in so far as , and because , they are eminently articles - and , from their peculiar value and characteristics , pre - eminently the articles of exchange . They do not become valuable because they are money , but are ...
Сторінка 2
... article of exchange as , and much more readily exchangeable than a bale of Manchester cotton , which cannot be used except as clothing , and being by no means absolutely necessary to anybody , even for clothing , has not any intrinsic ...
... article of exchange as , and much more readily exchangeable than a bale of Manchester cotton , which cannot be used except as clothing , and being by no means absolutely necessary to anybody , even for clothing , has not any intrinsic ...
Сторінка 3
... exchange which are not gold or silver . Suppose that I have a black horse and a white one , and wish to change the ... article of exchange ; he still represented a third value , again exchangeable . If a hundred sovereigns had been the ...
... exchange which are not gold or silver . Suppose that I have a black horse and a white one , and wish to change the ... article of exchange ; he still represented a third value , again exchangeable . If a hundred sovereigns had been the ...
Сторінка 15
... articles of exchange ; but they are not more media of exchange than bricks or bales of cotton , though they have been adopted as standards of value , just as the The human foot was adopted as a standard of measure A PLEA FOR SOME FACTS .
... articles of exchange ; but they are not more media of exchange than bricks or bales of cotton , though they have been adopted as standards of value , just as the The human foot was adopted as a standard of measure A PLEA FOR SOME FACTS .
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accumulated Adam Smith admits advantage afford amount of labour applied article of exchange barter capital caused circulation cloth coin commerce commodities consumed consumption corn cost cotton currency debt demand for labour destroyed diminished doctrines doppelgänger durable economists effect England English shilling equal error exchangeable value existence expense exports fact fallacy Fawcett four shillings France gold and silver greater hundred days imports increase industry instance intervention of money intrinsic iron J. S. Mill Kafirs labouring classes less luxuries machinery manufacturer medium of exchange mercantile Mill Mill's modity nation natural value necessary obtained paid paper perishable person Poland political economy possession pounds precious metals produce Prof profit promissory note proposition purchase purpose quantity of gold quantity of labour question regarded sacks of wheat savings says scarcely silk sophism South Australia substance supposed theory thing tion transactions true velvet wages wealth whole wool