Principles of Political Economy: With Some of Their Applications to Social Philosophy, Том 2Wirtschaft und Finanzen, 1848 |
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Сторінка 9
... supplies all incomes furnished by them . There cannot , in short , be intrinsically a more insignificant thing , in the economy of society , than money ; except in the character of a contrivance for sparing time and labour . It is a ...
... supplies all incomes furnished by them . There cannot , in short , be intrinsically a more insignificant thing , in the economy of society , than money ; except in the character of a contrivance for sparing time and labour . It is a ...
Сторінка 10
... supply , and their average and permanent values upon their cost of production , are as applicable to a money system as to a sys- tem of barter . Things which by barter would exchange for one another , will if sold for money sell for an ...
... supply , and their average and permanent values upon their cost of production , are as applicable to a money system as to a sys- tem of barter . Things which by barter would exchange for one another , will if sold for money sell for an ...
Сторінка 11
... SUPPLY . § 1. It is unfortunate that in the very outset of the subject we have to clear from our path a formidable ambiguity of language . The Value of Money is to appearance an expression as precise , as free from possibility of ...
... SUPPLY . § 1. It is unfortunate that in the very outset of the subject we have to clear from our path a formidable ambiguity of language . The Value of Money is to appearance an expression as precise , as free from possibility of ...
Сторінка 12
... supply . But demand and supply , in relation to money , present themselves in a somewhat different shape from the demand and supply of other things . The supply of a commodity means the quantity offered for sale . But it is not usual to ...
... supply . But demand and supply , in relation to money , present themselves in a somewhat different shape from the demand and supply of other things . The supply of a commodity means the quantity offered for sale . But it is not usual to ...
Сторінка 13
... supply of money in short , is all the money in circulation at the time . The demand for money , again , consists of ... supply and demand to one another . It is indifferent whether , in characterising the phenomena , we speak of the ...
... supply of money in short , is all the money in circulation at the time . The demand for money , again , consists of ... supply and demand to one another . It is indifferent whether , in characterising the phenomena , we speak of the ...
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Adam Smith advantage agricultural amount assignats bank notes Bank of England bankers benefit bills bullion cause cheaper cheques circulation circumstances coin commercial commodities consequence consumers corn corn laws cost of production currency dealers debt degree demand depend depreciation diminished direct tax duty effect employed employment England equal equivalent exchange exchange value existing expense exports fall favour France Germany gold and silver greater imports improvement income increase industry issue labour and capital land landlords law of value less loans lower means ment mode necessary obtain paid paper payment person population portion pounds precious metals present principle produce proportion quantity of money raise rate of interest rate of profit rent revenue rise of price seignorage sell speculation supply suppose taxation things tion tithe trade transactions value of money wages wealth whole yards of cloth yards of linen