Outline of Lectures Upon Political Economy: Prepared for the Use of Students at the Johns Hopkins University, Baltimore, Md., and the University of Michigan, Ann Arbor, MichPress of C.A. Bangs & Company, 1881 - 76 páginas |
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Página 47
... Banker's Magazine . KNOX , Reports of the Comptroller of the Currency , 1875-76 . Under the name of Banks , are included institutions which , although performing three distinct functions in industrial society , are alike in this , that ...
... Banker's Magazine . KNOX , Reports of the Comptroller of the Currency , 1875-76 . Under the name of Banks , are included institutions which , although performing three distinct functions in industrial society , are alike in this , that ...
Página 48
... banker may be understood : " A Banker is a Trader who buys Money , or Money and Debts , by creating other Debts , " p . 148. The law recognizes a deposit bank as a private corporation , and the relation existing between a banker and his ...
... banker may be understood : " A Banker is a Trader who buys Money , or Money and Debts , by creating other Debts , " p . 148. The law recognizes a deposit bank as a private corporation , and the relation existing between a banker and his ...
Página 49
... banker given by Prof. Price , is pertinent respecting this banking service . " A banker is a broker between two principals , " ( b ) p . 106. The same principle is carried out in the Clearing House . Compare Jevons , ( b ) chs . XX ...
... banker given by Prof. Price , is pertinent respecting this banking service . " A banker is a broker between two principals , " ( b ) p . 106. The same principle is carried out in the Clearing House . Compare Jevons , ( b ) chs . XX ...
Página 50
... banker must be guarded by the experience of his own bank . ” — Gilbart . It is the purpose of every bank to make the greatest profit upon the money at its disposal ; its reserve will therefore be as small as safety will allow . ( 1 ) ...
... banker must be guarded by the experience of his own bank . ” — Gilbart . It is the purpose of every bank to make the greatest profit upon the money at its disposal ; its reserve will therefore be as small as safety will allow . ( 1 ) ...
Página 51
... bankers make it a general rule never to lend money on dead security , that is , security which may not be readily ... banker should see : ( 1 ) That all the bills are present , and , in case of bills for goods shipped upon the ocean ...
... bankers make it a general rule never to lend money on dead security , that is , security which may not be readily ... banker should see : ( 1 ) That all the bills are present , and , in case of bills for goods shipped upon the ocean ...
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Outline of Lectures Upon Political Economy: Prepared for the Use of Students ... Henry Carter Adams Sin vista previa disponible - 2015 |
Términos y frases comunes
Adam Smith agricultural amount of capital Bagehot banker banks basis Carey Chapin-Wayland circulating claim coinage coins commodities Compare Cairnes Compare Mill Compare Walker considered coöperation cost of production Currency David Ricardo demand depends deposit determine doctrine of rent economists effect embraces employed English Economy exchange fact factors FACTORS OF PRODUCTION Fawcett free competition fund Garnier George gold and silver harmony hence History idea important increase individual industrial society J. S. Mill Jevons John Stuart Mill land law of cost law of rent Lecture Legal Tender System limit Malthus method money material monopoly nation nature necessary organization of industries payment Physiocrats Political Economy Poor Laws population practical precious metals present Prof purpose quantity question rate of interest Rau-Wagner recognized regard render respecting Ricardo Seigniorage Shadwell Socialism Steuart theory things tion Travers Twiss undertaking United utility VIII wage-fund wages wealth Wolowski
Pasajes populares
Página 33 - By utility is meant that property in any object, whereby it tends to produce benefit, advantage, pleasure, good, or happiness, (all this in the present case comes to the same thing) or (what comes again to the same thing) to prevent the happening of mischief, pain, evil, or unhappiness to the party whose interest is considered...
Página 10 - Rent is that portion of the produce of the earth, which is paid to the landlord for the use of the original and indestructible powers of the soil.
Página 36 - The market price of every particular commodity is regulated by the proportion between the quantity which is actually brought to market, and the demand of those who are willing to pay the natural price of the commodity...
Página 39 - It is a machine for doing quickly and commodiously, what would be done, though less quickly and commodiously, without it : and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order.
Página 21 - Labour, then, in the physical world, is always and solely employed in putting objects in motion ; the properties of matter, the laws of nature, do the rest.
Página 10 - Secondly, — -That in a state of society where self-restraint does not act at all, or only acts so little that we need not think of it, population will augment till the poorest class of the community have only just enough to support life.
Página 13 - ... the method of study which its profitable prosecution imposes. If asked to define political economy, I should say that political economy treats of industrial society. Its purpose as an analytic science is to explain the industrial actions of men. Its purpose as a constructive science is to discover a scientific and rational basis for the formation and government of industrial society.
Página 36 - ... running through all reasonings which have to do with value and price. It is not, however. necessary to advert to its bearings further at present; these will sufficiently appear in the course of the following discussions. I recapitulate briefly the results of the present chapter: I. Demand and Supply, considered as general facts, are not independent phenomena, but essentially the same phenomena regarded from different points of view; consequently general Demand can not increase or diminish, except...
Página 13 - JOHN STUART MILL, Principles of Political Economy, with some of their applications to Social Philosophy, first published in 1847. JE CAIRNES. Some Leading Principles of Political Economy Newly Expounded, also Logic of Political Economy. JOSEPH GARNIER, Trailed' Economie Politique, eighth edition, 1880.
Página 20 - ... pronounce this law of rent and of the increasing sterility of the land brought under cultivation, to be the very corner-stone of the science. " After a certain not very advanced stage in the progress of agriculture ... in any given state of agricultural skill and knowledge . . . every increase of produce is obtained by more than a proportional increase in the application of labor to the land. This general law of agricultural industry is the most important proposition in Political Economy. Were...