Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Appleton, 1923 |
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Сторінка 40
... equal to its own ; meaning delay of a few weeks after the bullion is deposited , before the coin can be ob- tained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the ...
... equal to its own ; meaning delay of a few weeks after the bullion is deposited , before the coin can be ob- tained , occasioning a loss of interest , which , to the holder , is equivalent to a trifling seignorage . From this cause , the ...
Сторінка 46
... equal degree ; the two precious metals , as they are called ; gold and silver . Some nations have accordingly attempted to compose their circulating medium of these two metals indiscriminately . There is an obvious convenience in making ...
... equal degree ; the two precious metals , as they are called ; gold and silver . Some nations have accordingly attempted to compose their circulating medium of these two metals indiscriminately . There is an obvious convenience in making ...
Сторінка 53
... equal to the value of these goods , remains for five years unproductive . During such a period , if payment had been made at once , the sum might have been several times expended and replaced , and goods to the amount might have been ...
... equal to the value of these goods , remains for five years unproductive . During such a period , if payment had been made at once , the sum might have been several times expended and replaced , and goods to the amount might have been ...
Сторінка 54
... equal amount of purchases with ready money . The credit which we are now called upon to consider , as a distinct purchasing power , independent of money , is of course not credit in its simplest form , that of money lent by one per- son ...
... equal amount of purchases with ready money . The credit which we are now called upon to consider , as a distinct purchasing power , independent of money , is of course not credit in its simplest form , that of money lent by one per- son ...
Сторінка 81
... equal facilities to an extension of credit , and capable of acting on prices quite as powerfully . In the words of Mr. Fullarton , * " there is not a single object at present attained through the agency of Bank of England notes , which ...
... equal facilities to an extension of credit , and capable of acting on prices quite as powerfully . In the words of Mr. Fullarton , * " there is not a single object at present attained through the agency of Bank of England notes , which ...
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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