Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Longmans, Green, Reader, and Dyer, 1871 |
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Сторінка xi
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers . CHAPTER VI . Of the ...
... Consequences of the Tendency of Profits to a Minimum . § 1. Abstraction of capital not necessarily a national loss 2. In opulent countries , the extension of machinery not detri- mental but beneficial to labourers . CHAPTER VI . Of the ...
Сторінка 16
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
... consequence of the fact , that a fourth more money would have been given for only the same quantity of goods . General prices , therefore , would in any case be a fourth higher . The very same effect would be produced on prices if we ...
Сторінка 20
... consequence . In no commodity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which goes ...
... consequence . In no commodity is it the quantity in existence , but the quantity offered for sale , that determines the value . Whatever may be the quantity of money in the country , only that part of it will affect prices , which goes ...
Сторінка 29
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for ornament and luxury ; but it is not true of money . If the permanent cost of pro- duction of ...
... consequence , not a cause , of the alteration in value . Now this is also true of gold and silver , considered as articles of expenditure for ornament and luxury ; but it is not true of money . If the permanent cost of pro- duction of ...
Сторінка 33
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in silver ... consequence will be , that unless a sovereign can be sold for more than twenty shillings , all the sovereigns will ...
... consequences will ensue . No debtor will any longer find it his interest to pay in gold . He will always pay in silver ... consequence will be , that unless a sovereign can be sold for more than twenty shillings , all the sovereigns will ...
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Загальні терміни та фрази
17 yards advantage amount assignats bank notes Bank of England bankers bills of exchange book credits borrow bullion cause cheaper cheapness cheques circulating medium circumstances coin consequence consumers cost of carriage cost of production dealers debt demand and supply depend deposits depreciation diminished discounted duction effect employed equal equivalent exactly exchange value existing expense exports fall foreign commodities foreign countries France Germany gold and silver greater hands imports improvement increase international demand issue issuers labour and capital land law of value less loan market lower means million mode obtain paid payments permanent person portion pounds pounds sterling precious metals produce proportion purchasing power quantity of money raise rate of interest rate of profit ratio rise of prices seignorage sell shillings speculation suppose supposition theory things tion trade transactions value of money wages wanted whole yards of cloth yards of linen