The Elements of Political EconomyLongman, Brown, Green, Lonqmaus and Roberts, 1858 - 573 halaman |
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Edisi yang lain - Lihat semua
Istilah dan frasa umum
abundant actual Adam Smith amount assignats bank notes Bank of England banker bills of exchange bullion called cause cent circulating medium circumstances coin commerce commodities consequently Convertible securities corn cost of production cultivation debt depreciation diminished diminution diminution in value doctrine effect employed equal exactly fallacy fixed capital floating capital former give gold and silver greater Hence idea increase industry J. S. Mill land London market price means merchant metal nation natural price nature object operation paid paper currency payable payment persons Political Economy pound principle produce profit promise to pay proportion purchase quantity of labor quantity of money rate of discount rate of interest received rendered rent represent Ricardo rise sell shew shewn sold species supply and demand suppose theory things tion trade transaction true usury value of money wages wealth writers
Bagian yang populer
Halaman 194 - value of corn is regulated by the quantity of labour bestowed on its production on that quality of land, or with that portion of capital, which pays no rent. Corn is not high because a rent is paid, but a rent is paid because corn is high...
Halaman 208 - The five following are the principal circumstances which, so far as I have been able to observe, make up for a small pecuniary gain in some employments, and counterbalance a great one in others...
Halaman 190 - 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. It is often, however, confounded with the interest and profit of capital, and, in popular language, the term is applied to whatever is annually paid by a farmer to his landlord.
Halaman 282 - ... any body politic or corporate whatsoever created or to be created, or for any other persons whatsoever united or to be united in covenants or partnership exceeding the number of six persons in that part of Great Britain called England, to borrow, owe, or take up any sum or sums of money on their bills or notes payable on demand or at any less time than six months from the borrowing thereof...
Halaman 210 - The probability that any particular person shall ever be qualified for the employment to which he is educated is very different in different occupations. In the greater part of mechanic trades, success is almost certain; but very uncertain in the liberal professions. Put your son apprentice to a shoemaker, there is little doubt of his learning to make a pair of shoes; but send him to study the law, it is at least twenty to one if ever he makes such proficiency as will enable him to live by the business.
Halaman 318 - Credit has a great, but not, as many people seem to suppose, a magical power ; it cannot make something out of nothing. How often is an extension of credit talked of as equivalent to a creation of capital, or as if credit actually were capital.
Halaman 114 - ... and exclusively enjoyed by those who have peculiar facilities of production ; but by the greater quantity of labour necessarily bestowed on their production by those who have no such facilities ; by those who continue to produce them under the most...
Halaman 439 - ... hands are safe, the operation is so far, and in this, its first step, useful and productive to the public. But as soon as the portion of circulating medium in which the advance was thus made, performs in the hands of him to whom it was advanced, this, its first operation as capital — as soon as the notes are exchanged by him for some other article which is capital, they fall into the channel of circulation, as so much circulating medium, and form an addition to the mass of currency.
Halaman 463 - The evils produced by this state of the currency were not such as have generally been thought worthy to occupy a prominent place in history. Yet it may well be doubted whether all the misery which had been inflicted on the English nation in a quarter of a century by bad Kings, bad Ministers, bad Parliaments, and bad Judges, was equal to the misery caused in a single year by bad crowns and bad shillings.
Halaman 205 - The market price of labour is the price which is really paid for it, from the natural operation of the proportion of the supply to the demand; labour is dear when it is scarce and cheap when it is plentiful. However much the market price of labour may deviate from its natural price, it has, like commodities, a tendency to conform to it.