Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 154
... cheapness ; that she would not want the 18,000 which she could now buy with 10,000 yards of cloth , but would be content with 17,500 , for which she would pay ( at the new rate of 10 for 18 ) 9722 yards of cloth . Germany , again ...
... cheapness ; that she would not want the 18,000 which she could now buy with 10,000 yards of cloth , but would be content with 17,500 , for which she would pay ( at the new rate of 10 for 18 ) 9722 yards of cloth . Germany , again ...
Сторінка 155
... cheapness on demand conforms to some simple law , common to both countries and to both commodities . As the simplest and most conve- nient , let us suppose that in both countries any given in- crease of cheapness produces an exactly ...
... cheapness on demand conforms to some simple law , common to both countries and to both commodities . As the simplest and most conve- nient , let us suppose that in both countries any given in- crease of cheapness produces an exactly ...
Сторінка 157
... cheapness to expend in cloth . England will be forced by her own competition to give a whole million of cloth for this million of linen , just as she was forced in the preceding case to give it for 1,600,000 . But England could have ...
... cheapness to expend in cloth . England will be forced by her own competition to give a whole million of cloth for this million of linen , just as she was forced in the preceding case to give it for 1,600,000 . But England could have ...
Сторінка 158
... cheapness , the law of international value will be as follows : - The whole of the cloth which England can make with the capital previously devoted to linen , will exchange for the whole of the linen which Germany can make with the ...
... cheapness , the law of international value will be as follows : - The whole of the cloth which England can make with the capital previously devoted to linen , will exchange for the whole of the linen which Germany can make with the ...
Сторінка 160
... cheapness produces an exactly proportional exten- sion of demand ; in other words , that the same invariable value is laid out in a commodity whether it be cheap or dear ; and the law which we have investigated holds good only on this ...
... cheapness produces an exactly proportional exten- sion of demand ; in other words , that the same invariable value is laid out in a commodity whether it be cheap or dear ; and the law which we have investigated holds good only on this ...
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17 yards Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion capitalists cause cheaper cheapness cheques circulation circumstances classes coin commerce consumers corn cost of carriage cost of labour cost of production crease days labour dealers debt depend depreciation diminished duction effect employment enable equal equivalent exchange value exist expense exports fall foreign commodities foreign countries France Germany gold and silver imports improvement income increase industry international demand issue issuers labour and capital land law of value les associés less loans lower means ment million modities obtain paid payment permanent persons Poland population portion pounds sterling precious metals produce proportion raise rate of interest rate of profit rent rise of prices savings seignorage sell speculation supply suppose supposition theory things tion trade transactions value of money wages whole yards of cloth yards of linen