American Political Economy: Including Strictures on the Management of the Currency and the Finances Since 1861, with a Chart Showing the Fluctuations in the Price of GoldC. Scribner, 1870 - 495 páginas |
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Página v
... supply of the precious metals , the various modes of taxation , and the financial his- tory of this country for the last ten years , as might be useful , not only to young men in College , but to those who are about to enter the ...
... supply of the precious metals , the various modes of taxation , and the financial his- tory of this country for the last ten years , as might be useful , not only to young men in College , but to those who are about to enter the ...
Página 4
... supply from above is maintained ; but if the springs in the upper country should be dried up , the efflux below would soon drain the channel . And here is one proof , among a thousand others , of the folly and ignorance of those who cry ...
... supply from above is maintained ; but if the springs in the upper country should be dried up , the efflux below would soon drain the channel . And here is one proof , among a thousand others , of the folly and ignorance of those who cry ...
Página 8
... supply of each is called for . There has been a net gain at each stage of the transaction , and the total gain has been fairly distributed among all the parties to it , compensating each for his labor or frugality . If any one thinks ...
... supply of each is called for . There has been a net gain at each stage of the transaction , and the total gain has been fairly distributed among all the parties to it , compensating each for his labor or frugality . If any one thinks ...
Página 16
... supply even for a single day might produce the most frightful distress . Some , indeed , of the articles consumed might be stored up in reserve for a considerable time ; but many , including most articles of animal food and many of ...
... supply even for a single day might produce the most frightful distress . Some , indeed , of the articles consumed might be stored up in reserve for a considerable time ; but many , including most articles of animal food and many of ...
Página 17
... supply causes him to lower his prices , and thus en- ables the public to enjoy that abundance ; while he is guided only by the apprehension of being undersold . On the other hand , an - actual or apprehended scarcity causes him to ...
... supply causes him to lower his prices , and thus en- ables the public to enjoy that abundance ; while he is guided only by the apprehension of being undersold . On the other hand , an - actual or apprehended scarcity causes him to ...
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Términos y frases comunes
accumulation Adam Smith advantage aggregate agricultural America amount annual annuity average Bank of England bank-bills banks bills bills of exchange borrowed capital capitalists cause cent Circulating Capital circulation coin commercial commodities competition consequence consumed consumption cost created currency demand Deposits depreciated currency depreciation diminished distribution dollars effect employed employment England English equal evil exchange expense exports flour foreign funds gold greater hand income increase industry investment issue J. S. Mill labor land less loans manufactures means ment merchant metals millions National Debt natural nearly necessary obliged obtain operations paid Paper Money payment persons population portion pound sterling production proportion purchase quantity raise rate of interest rate of Profit received Rent revenue savings says sell silver specie supply taxation tion trade Treasury United value of money Wages wants wealth whole
Pasajes populares
Página 387 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities ; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Página 270 - And the children of Israel did so and gathered, some more, some less. And when they did mete it with an omer, he that gathered much had nothing over, and he that gathered little had no lack; they gathered every man according to his eating.
Página 396 - A direct tax is one which is demanded from the very persons who, it is intended or desired, should pay it. Indirect taxes are those which are demanded from one person in the expectation and intention that he shall indemnify himself at the expense of another: such as the excise or customs.
Página 435 - The statesman, who should attempt to direct private people in what manner they ought to employ their capitals, would not only load himself with a most unnecessary attention, but assume an authority which could safely be trusted, not only to no single person, but to no council or senate whatever, and which would nowhere be so dangerous as in the hands of a man who had folly and presumption enough to fancy himself...
Página 293 - ... no State shall coin money, emit bills of credit, or make anything but gold and silver coin a tender in payment of debts.
Página 387 - Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as Little as possible, over and above what it brings into the public treasury of the state.
Página 436 - The superiority of one country over another in a branch of production, often arises only from having begun it sooner. There may be no inherent advantage on one part, or disadvantage on the other, but only a present superiority of acquired skill and experience.
Página 52 - The difference of natural talents in different men is, in reality, much less than we are aware of; and the very different genius which appears to distinguish men of different professions, when grown up to maturity, is not upon many occasions so much the cause, as the effect of the division of labour.
Página 108 - The laws and conditions of the production of wealth, partake of the character of physical truths. There is nothing optional, or arbitrary in them. Whatever mankind produce, must be produced in the modes, and under the conditions, imposed by the constitution of external things, and by the inherent properties of their own bodily and mental structure.
Página 388 - Equality of taxation, therefore, as a maxim of politics, means equality of sacrifice. It means apportioning the contribution of each person towards the expenses of government, so that he shall feel neither more nor less inconvenience from his share of the payment than every other person experiences from his.