The Principles of Economical Philosophy, Volumen2,Tema 1Longmans, Green, Reader, and Dyer, 1875 |
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Página xi
... DEBT , OR SERVICES DUE , WHICH HAVE NOT YET RECEIVED THEIR EQUIVALENT IN COMMODITIES • 17. The theory of basing a paper currency upon commodities in- volves the palpable contradiction in terms that a person may buy commodities and keep ...
... DEBT , OR SERVICES DUE , WHICH HAVE NOT YET RECEIVED THEIR EQUIVALENT IN COMMODITIES • 17. The theory of basing a paper currency upon commodities in- volves the palpable contradiction in terms that a person may buy commodities and keep ...
Página xii
... debt 51. Effects of the action of this principle . 52. In all commercial crises production should be curbed 53. Consequences of violating this principle 372 373 374 374 • 58 . 54. The same continued 55. Perverse opposition to this law ...
... debt 51. Effects of the action of this principle . 52. In all commercial crises production should be curbed 53. Consequences of violating this principle 372 373 374 374 • 58 . 54. The same continued 55. Perverse opposition to this law ...
Página 50
... , and all that it ever does , is to reduce the Note 7 to Wealth of Nations . profits obtained in different businesses and employments to the same 50 CHAP . XII . PRINCIPLES OF ECONOMICS . Arguments applicable to the wheat also apply to ...
... , and all that it ever does , is to reduce the Note 7 to Wealth of Nations . profits obtained in different businesses and employments to the same 50 CHAP . XII . PRINCIPLES OF ECONOMICS . Arguments applicable to the wheat also apply to ...
Página 75
... debt , that money is the price of the debt ; and , of course , the Value of Money with respect to debt varies exactly according to the quantity of debt it will purchase , just as it does in respect to any other merchandise . There are ...
... debt , that money is the price of the debt ; and , of course , the Value of Money with respect to debt varies exactly according to the quantity of debt it will purchase , just as it does in respect to any other merchandise . There are ...
Página 83
... debts , which is measured by the discount , has given rise to some considerations of a somewhat subtle nature , which we must endeavour to unravel . We have shewn that the rate of interest , or discount , depends upon the quantity of debts ...
... debts , which is measured by the discount , has given rise to some considerations of a somewhat subtle nature , which we must endeavour to unravel . We have shewn that the rate of interest , or discount , depends upon the quantity of debts ...
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Términos y frases comunes
absurd Adam Smith advance agricultural amount annuity annum assignats bank notes Bank of England bankers Bills of Exchange brought bullion called capital cause cent circulation commerce commodities consequence consider cost of production Credit cultivation debt demand diminished division of labour doctrine Economics effect employed employment equal exactly export fall fallacy France give gold and silver greater Hence income inferior lands issue Law of Value London lower manufactures means merchant metals Mill nature necessary operation paid paper currency payable payment persons Political Economy price of corn Principles of Political proportion purchase quantity of labour quantity of money rate of discount rate of interest Rate of Profit ratio receive rent Ricardo Right rise says sell shew shewn Smith sold specie supply suppose theory things tithes trade true usual usury value of money Wages fund Wealth of Nations workmen
Pasajes populares
Página 173 - In the progress of the division of labour, the employment of the far greater part of those who live by labour, that is, of the great body of the people, comes to be confined to a few very simple operations, frequently to one or two. But the understandings of the greater part of men are necessarily formed by their ordinary employments.