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 GoldScribner, 1870 - 495 páginas |
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Página 3
... diminishes , and almost wholly disappears , if it be not kept up by the constant application of labor and capital , or by the continued prosperity of the community who live upon it . The best - situated land in a populous city may be ...
... diminishes , and almost wholly disappears , if it be not kept up by the constant application of labor and capital , or by the continued prosperity of the community who live upon it . The best - situated land in a populous city may be ...
Página 27
... diminishes that difficulty is to be considered as labor , — is entitled to be called by that name , for it is recognized and compen- sated as such by the community . And here is the great paradox of Political Economy : - Value depends ...
... diminishes that difficulty is to be considered as labor , — is entitled to be called by that name , for it is recognized and compen- sated as such by the community . And here is the great paradox of Political Economy : - Value depends ...
Página 29
... diminished , and the article itself consequently be- comes very common , in that proportion it approximates the charac- ter of those invaluable gifts of Providence , the air , the water , and the sunlight , which , because they are ...
... diminished , and the article itself consequently be- comes very common , in that proportion it approximates the charac- ter of those invaluable gifts of Providence , the air , the water , and the sunlight , which , because they are ...
Página 33
... diminishes that difficulty of attainment which we have seen to be an essential element of wealth . The only measure of such labor is its comparative efficiency . Thus , the labor of one practised and skilful artisan is equal to that of ...
... diminishes that difficulty of attainment which we have seen to be an essential element of wealth . The only measure of such labor is its comparative efficiency . Thus , the labor of one practised and skilful artisan is equal to that of ...
Página 34
... diminished the exchangeable value of certain commodities , the question may be asked , What has become of the difference between their former and their present cost ? The difficulty of obtaining these commodities is diminished , the ...
... diminished the exchangeable value of certain commodities , the question may be asked , What has become of the difference between their former and their present cost ? The difficulty of obtaining these commodities is diminished , the ...
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Términos y frases comunes
accumulation Adam Smith advantage aggregate agriculture American amount annual average Bank of England bank-bills banks bills bills of exchange borrow capital capitalists cause cent Circulating Capital circulation coin commerce commodities consequence consumed consumption cost created currency demand Deposits depreciation diminished distribution dollars effect employed employment England English equal evil exchange exports flour foreign funds gold greater hand income increase industry investment issue J. S. Mill labor land legal tender less loans manufactures means ment merchant metals millions natural nearly necessary needed obtain old State banks operations paid Paper Money payment persons population portion pound sterling precious metals production proportion purchase quantity 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