First Principles of Political Economy: With Reference to Statesmanship and the Progress of Civilization |
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Page 2
... practical value . I am under great obligations to Professor Z. H. Potter for valuable labor in getting the Mss . ready for publica- tion and for assistance in carrying it through the press . Cornell University , Ithaca , N. Y. ...
... practical value . I am under great obligations to Professor Z. H. Potter for valuable labor in getting the Mss . ready for publica- tion and for assistance in carrying it through the press . Cornell University , Ithaca , N. Y. ...
Page 6
... Practical value of Political Economy , Subservient to higher civilization , CHAPTER II . OF THINGS IN RELATION TO WEALTH . Of things in relation to wealth , The cost of a commodity , Utility or intrinsic value , Intrinsic value for ...
... Practical value of Political Economy , Subservient to higher civilization , CHAPTER II . OF THINGS IN RELATION TO WEALTH . Of things in relation to wealth , The cost of a commodity , Utility or intrinsic value , Intrinsic value for ...
Page 13
... practical test proposed , How money gets into circulation , 280 281 282 285 286 287 289 290 292 · 293 294 295 296 Paper not convertible on demand , Premium on gold determined by the ratio of gold to paper , CHAPTER IX . · 298 299 OF ...
... practical test proposed , How money gets into circulation , 280 281 282 285 286 287 289 290 292 · 293 294 295 296 Paper not convertible on demand , Premium on gold determined by the ratio of gold to paper , CHAPTER IX . · 298 299 OF ...
Page 17
... Practical value of Political Econ- omy - Subservient to higher civilization . I. Political Economy defined . Political Economy is defined to be the " Science of wealth . " The word wealth , however , is used in two senses . In one it is ...
... Practical value of Political Econ- omy - Subservient to higher civilization . I. Political Economy defined . Political Economy is defined to be the " Science of wealth . " The word wealth , however , is used in two senses . In one it is ...
Page 20
... practical men , and a very unsafe guide to statesmen , financiers , and business men generally . I propose in these Chapters to pursue a different method with hopes of better and more satisfactory results . In fact no law can be proved ...
... practical men , and a very unsafe guide to statesmen , financiers , and business men generally . I propose in these Chapters to pursue a different method with hopes of better and more satisfactory results . In fact no law can be proved ...
Contents
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Common terms and phrases
aggregate wealth agricultural amount of labor average cost bank banker become bills capital capitalist cent cheaper circulation civilization clothing coin commercial centre commodities considered consumer consumption cost of reproduction cost of transportation course crease cultivation distributive wealth division of labor dollars duction effect Engineer equal exchangeable value fact forces of nature free trade gold and silver greater Hence human labor hundred Illustrated improvement increase of population increment intrinsic value John Stuart Mill kind land law of supply less limit loans and discounts machinery manu manufacture means nation needed paper persons Political Economy Practical produce product of labor proportion protection quantity raise rate of increase rate of interest rate of profit ratio reduce regard rent result rich safe men saving sell supply and demand suppose tariff thing tion Treatise wages wants wheat
Popular passages
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