First Principles of Political Economy: With Reference to Statesmanship and the Progress of Civilization |
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Page 12
... coin , 247 · 247 248 249 249 · 250 Proof of this view , · 251 Reasons for using them for coinage , 251 Signification of coinage , 252 Effects of increase of gold and silver , · 253 Labor , not money , the standard of value , 253 ...
... coin , 247 · 247 248 249 249 · 250 Proof of this view , · 251 Reasons for using them for coinage , 251 Signification of coinage , 252 Effects of increase of gold and silver , · 253 Labor , not money , the standard of value , 253 ...
Page 33
... coin , are used for various purposes of ornament , as well as for utensils in the arts . And were not their intrinsic value too great for other purposes , they would be freely used for many of the more common purposes , for which baser ...
... coin , are used for various purposes of ornament , as well as for utensils in the arts . And were not their intrinsic value too great for other purposes , they would be freely used for many of the more common purposes , for which baser ...
Page 43
... coin , etc. , or the currency of the nation . This distinction between price and value has not always been made . Nay , in some cases it seems to have been avoided , if not even studiously ignored . Thus John Stuart Mill , represents ...
... coin , etc. , or the currency of the nation . This distinction between price and value has not always been made . Nay , in some cases it seems to have been avoided , if not even studiously ignored . Thus John Stuart Mill , represents ...
Page 192
... coin is used , there is always some loss by wear , etc. , which is also always in proportion to the amount used . It has been computed that the wear and loss of gold and silver would be about one per cent . per year of the entire amount ...
... coin is used , there is always some loss by wear , etc. , which is also always in proportion to the amount used . It has been computed that the wear and loss of gold and silver would be about one per cent . per year of the entire amount ...
Page 246
... coin - Proof of this view - Reasons for using them for coinage - Signification of coinage - Effects of increase of gold and silver - Labor , not money , the standard of value - Importance of this view - Market value determines the coin ...
... coin - Proof of this view - Reasons for using them for coinage - Signification of coinage - Effects of increase of gold and silver - Labor , not money , the standard of value - Importance of this view - Market value determines the coin ...
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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
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