Money and the Mechanism of ExchangeH.S. King & Company, 1876 - 349 páginas |
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Página vii
... fixed by statute . A member of Parliament lately discovered a new grievance , and made his reputa- tion by agitating against the oppressive restrictions on the coinage of silver at the Mint . No wonder so many people are paupers when ...
... fixed by statute . A member of Parliament lately discovered a new grievance , and made his reputa- tion by agitating against the oppressive restrictions on the coinage of silver at the Mint . No wonder so many people are paupers when ...
Página 10
... fix our attention upon the fact that , in every act of exchange , a definite quantity of one sub- " The Theory of Political Economy . " 8vo . 1871 ( Macmillan ) . † Walras , Éléments d'Economie politique pure . Lausanne , Paris ...
... fix our attention upon the fact that , in every act of exchange , a definite quantity of one sub- " The Theory of Political Economy . " 8vo . 1871 ( Macmillan ) . † Walras , Éléments d'Economie politique pure . Lausanne , Paris ...
Página 17
... fixed by law , such as tolls , fees , and tariffs of charges : many other pay- ments are fixed by custom . Accordingly , even if the medium of exchange varied considerably in value , people would go on making their payments in terms of ...
... fixed by law , such as tolls , fees , and tariffs of charges : many other pay- ments are fixed by custom . Accordingly , even if the medium of exchange varied considerably in value , people would go on making their payments in terms of ...
Página 32
... fixed rate of valuation , it might seem that money does not really require to have substantial value . Something like this does frequently happen in the history of currencies , and apparently valueless shells , bits of leather , or ...
... fixed rate of valuation , it might seem that money does not really require to have substantial value . Something like this does frequently happen in the history of currencies , and apparently valueless shells , bits of leather , or ...
Página 67
... of Value . It is essential , in the first place , to decide clearly what we mean by a standard unit of value . This must consist of a fixed quantity of some concrete substance , defined by reference to the units of weight or space ( 67 )
... of Value . It is essential , in the first place , to decide clearly what we mean by a standard unit of value . This must consist of a fixed quantity of some concrete substance , defined by reference to the units of weight or space ( 67 )
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Términos y frases comunes
adopted alloy amount arise average balance Bank of England bank-notes bankers barter bills Boulton and Watt bronze bullion cash cent centimes CHAPTER Cheque and Clearing Cheque Bank circulation Clearing House clearing system coinage commodities convenient copper debt decimal demand deposit depreciated dollar double standard employed English exactly exist foreign France French German gold and silver gold coins grains grams Gresham's Law inconveniences inconvertible interest issued kind legal tender less London London Clearing House loss measure of value medium of exchange ment merchants metallic currency metallic money metallic value method millions money of account nations nominal value ounce paid paper currency paper money payment pence penny person pound pound sterling principal profit quantity ratio receive representative money reserve seignorage shilling silver coin sovereign standard of value tion token coins token money trade transactions unit of value weight Wolowski
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