Studies in Political EconomyH.S. King & Company, 1875 - 185 páginas |
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Página 16
... commerce only what oil is to machinery , or railways to locomotion -a contrivance to diminish friction . " In another he states ( vol . ii . p . 11 ) that when one person lends to another , as well as when he pays wages or rent to ...
... commerce only what oil is to machinery , or railways to locomotion -a contrivance to diminish friction . " In another he states ( vol . ii . p . 11 ) that when one person lends to another , as well as when he pays wages or rent to ...
Página 31
... commerce , as they are constructed under what we call civilisation , are based upon the exchangeable value of gold and its recognition as wealth ; and that if it were in our power to demolish this foundation the whole superstructure ...
... commerce , as they are constructed under what we call civilisation , are based upon the exchangeable value of gold and its recognition as wealth ; and that if it were in our power to demolish this foundation the whole superstructure ...
Página 32
... commerce of a community within itself , or of nations with each other . When once a glimpse has been obtained of the character of the fundamental error which vitiates so much of the arguments used on economical problems , it becomes ...
... commerce of a community within itself , or of nations with each other . When once a glimpse has been obtained of the character of the fundamental error which vitiates so much of the arguments used on economical problems , it becomes ...
Página 37
... instrument of commerce with one much less costly , and sometimes equally convenient . ' The sentence is a contradiction . In the first place , the gold and silver are not more especially the instruments of MONEY - A FUNCTION . 37.
... instrument of commerce with one much less costly , and sometimes equally convenient . ' The sentence is a contradiction . In the first place , the gold and silver are not more especially the instruments of MONEY - A FUNCTION . 37.
Página 38
Anthony Musgrave. gold and silver are not more especially the instruments of commerce than ironware or glass ; and Adam Smith would have laughed at the idea of replacing these with paper , as being less costly and equally convenient ...
Anthony Musgrave. gold and silver are not more especially the instruments of commerce than ironware or glass ; and Adam Smith would have laughed at the idea of replacing these with paper , as being less costly and equally convenient ...
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Palavras e frases frequentes
accumulated Adam Smith advantage ALEXANDER BAIN amount amusing ARMY article of exchange Athenæum Author British capital Captain character circulation cloth coin commerce commodities consumed consumption Cornhill cost cotton Crown 8vo currency demand Demy 8vo doctrines doppelgänger effect England English equal Essays exchangeable value existence exports fact fallacy Fcap foreign France gold and silver Illustrations imports industry interest iron James Hinton King labour LL.D London luxuries Mall Gazette manufacturer medium of exchange military Mill Mill's Mortimer Collins nation natural necessary obtained paper Paternoster Row perishable POEMS political economy Portrait possess Post 8vo pounds precious metals Price 75 produce Prof Professor profit Published by Henry purchase purpose quantity of labour Quarterly Review readable Sara Coleridge savings Second Edition shillings South Australia story supposed thing tion trade transactions Translated true University of Erlangen valuable vols volume wages wealth whole writer
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