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" Gold and silver having been chosen for the general medium of circulation, they are, by the competition of commerce, distributed in such proportions amongst the different countries of the world, as to accommodate themselves to the natural traffic which... "
Principles of Political Economy: With Some of Their Applications to Social ... - Сторінка 376
автори: John Stuart Mill - 1885 - 591 стор.
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The Standard of Value

Sir David Miller Barbour - 1912 - 272 стор.
...BRUNSWICK ST., STAMFORD ST., SE, AND BUNGAY, SUFFOLK. 10 ,VIMU TO THE MEMORY OF DAVID RICARDO ^59770 " GOLD AND SILVER HAVING BEEN CHOSEN FOR THE GENERAL...NATURAL TRAFFIC WHICH WOULD TAKE PLACE IF NO SUCH MEl'ALS EXISTED, AND THE TRADE BETWEEN COUNTRIES WERE PURELY A TRADE OF BARTER." — Ricardo. PREFACE...
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The Influence of the Gold Supply on Prices and Profits

Sir David Miller Barbour - 1913 - 124 стор.
...DISTRIBUTION OF GOLD THROUGHOUT COUNTRIES USING A GOLD CURRENCY DETERMINED BY ECONOMIC INFLUENCES. " GOLD and Silver having been chosen for the general...between countries were purely a trade of barter." In this passage two principles of great importance are laid down by Ricardo. Trade is stated to be...
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Analysis of Mill's Principles of Political Economy

Lucian Oldershaw - 1915 - 162 стор.
...conclusions with regard to the distribution of precious metals in the following words of Ricardo : " Gold and silver having been chosen for the general...between countries were purely a trade of barter." Nor does this use of money as a medium of exchange alter in the least the law of the value of the precious...
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Principles of Political Economy and Taxation

David Ricardo - 1919 - 526 стор.
...relative value of the commodities exchanged between two or more countries." 3 (3) " Gold and silver . . . are by the competition of commerce distributed in...themselves to the natural traffic which would take place if ... the trade between the countries were purely a trade of barter." 2 To the student of our time these...
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International Commerce and Economic Theory: A Plea for Investigation

Robert George Geale - 1925 - 184 стор.
...theory " was an unintelligible chaos." Owing to its importance, it is set out in Ricardo's own words : " Gold and silver having been chosen for the general...between countries were purely a trade of barter." In Professor Bastable's opinion, this is " Ricardo's greatest contribution to the theory of international...
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Transactions of the Royal Society of New Zealand, Том 37

1905
...fluctuations, be distributed amongst the nations so as to be accommodated, in the words of Ricardo, " to the natural traffic which would take place if no...between countries were purely a trade of barter." New Zealand, for instance, must export the main bulk of the gold she produces, and, this being a comparatively...
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International Value: International Prices

Lajos Zelkó - 1980 - 168 стор.
...trends in terms of the functioning of a quantitative theory of international money. Ricardo argued: "Gold and silver having been chosen for the general...trade between countries were purely a trade of barter. Thus, cloth cannot be imported into Portugal, unless it sells there for more gold than it cost in the...
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A Retrospective on the Classical Gold Standard, 1821-1931

Michael D. Bordo, Anna J. Schwartz - 2009 - 694 стор.
...and a gold outflow. 17. Here Mill ([1865] 1961, p. 625) cited Ricardo (Principles, 3rd ed., p. 143). "Gold and silver having been chosen for the general...between countries were purely a trade of barter." 18. This section is based on Bordo 1975. Note that Jevons ([1884] 1964) considered the same issue as...
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Economic Theories in a Non-Walrasian Tradition

Takashi Negishi - 1985 - 230 стор.
...amount of gold through the trade balance — the theory of a specie-flow mechanism. Ricardo states that "gold and silver having been chosen for the general...between countries were purely a trade of barter," (1951, p. 137), so that the balance of trade is established. In other words, the system is completely...
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Principles of Political Economy, Том 1

Thomas Robert Malthus - 1989 - 518 стор.
...never been sufficiently appreciated. It is a just and most important observation of Mr. Ricardo, that, "Gold and silver having been chosen for the general medium of circulation, arc by the competitions of commerce distributed in such proportions amongst the different countries...
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