The Elements of Political EconomyGould, Kendall, and Lincoln, 1840 - 441 páginas |
Dentro del libro
Resultados 1-5 de 55
Página 207
... specie may be sent abroad with very little cost of transportation , a very slight advance in its relative value will cause it to flow in from other countries , and a very slight sur- plus will cause it to flow to other countries , until ...
... specie may be sent abroad with very little cost of transportation , a very slight advance in its relative value will cause it to flow in from other countries , and a very slight sur- plus will cause it to flow to other countries , until ...
Página 213
... specie , compared with the cost of the production of the several articles for which it is exchanged . But , suppose that while this amount of specie remains the same , there should happen a year of universal productiveness in all the ...
... specie , compared with the cost of the production of the several articles for which it is exchanged . But , suppose that while this amount of specie remains the same , there should happen a year of universal productiveness in all the ...
Página 214
... specie remained in the country , there occurred a very un- productive season , the number of exchanges would proportionally diminish , and there would be less de- mand for the instrument of exchange . There would arise a competition ...
... specie remained in the country , there occurred a very un- productive season , the number of exchanges would proportionally diminish , and there would be less de- mand for the instrument of exchange . There would arise a competition ...
Página 218
... specie will be required to effect its exchanges ; and that , that amount will depend upon the relative value of the ... specie will always be required , and no more . If specie , equal in value to ten millions bushels of wheat be ...
... specie will be required to effect its exchanges ; and that , that amount will depend upon the relative value of the ... specie will always be required , and no more . If specie , equal in value to ten millions bushels of wheat be ...
Página 219
... specie will leave the country . On the contrary , a merchant in London , wishing to pur- chase cotton in New York , will ascertain the rela- tive value of specie , and that of calico , or hardware , or iron ; and will send specie in ...
... specie will leave the country . On the contrary , a merchant in London , wishing to pur- chase cotton in New York , will ascertain the rela- tive value of specie , and that of calico , or hardware , or iron ; and will send specie in ...
Contenido
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Términos y frases comunes
able accomplish accumulation advantage amount of labor annual balance spring bank benefit borrow bushels capi capitalist cent cheaper circulating capital circulating medium cloth consumed consumption cost cotton course creased create demand diminished dition dium division of labor duction effect employed employment enabled equal evident exchangeable value exerted expense exports fixed capital frequently gratify greater greatly Hence human industry hundred dollars important inasmuch increased individual indolence investment iron Julius Cæsar laws less liable loan machinery mand manner manufactures means ment merchant millions mode nation natural agents necessary number of laborers objects of desire obliged operation paid payment persons portion possesses precious metals principles procure production profit proportion purchase quantity reason receive render result rich rise sell skill society specie supply Suppose thing thousand dollars tion transportation venison vidual wants wheat whole worth
Pasajes populares
Página 114 - Seest thou a man diligent in his business? he shall stand before kings ; he shall not stand before mean men...
Página 206 - And Abraham hearkened unto Ephron; and Abraham weighed to Ephron the silver, which he had named in the audience of the sons of Heth, four hundred shekels of silver, current money with the merchant.
Página v - His object has been to write a book, which, any one who chooses may understand. He has, therefore, labored to express the general principles in the plainest manner possible, and to illustrate them by cases with which every person is familiar. It has been to the author a source of regret, that the course of discussion in the following pages, has, unavoidably, led him over ground which has frequently been the arena of political controversy.
Página 84 - One of those boys, who loved to play with his companions, observed that, by tying a string from the handle of the valve which opened this communication, to another part of the machine, the valve would open and shut without his assistance, and leave him at liberty to divert himself with his playfellows.
Página 79 - It can engrave a seal, and crush masses of obdurate metal before it — draw out, without breaking, a thread as fine as gossamer, and lift a ship of war like a bauble in the air. It can embroider muslin and forge anchors — cut steel into ribands, and impel loaded vessels against the fury of the winds and waves.
Página vii - ... led him over ground which has frequently been the arena of political controversy. In all such cases, he has endeavored to state what seemed to him to be truth, without fear, favor, or affection. He is conscious to himself of no bias towards any party whatever, and he thinks that he who will read the whole work, will be convinced that he has been influenced by none.
Página 79 - By his admirable contrivance, it has become a thing stupendous alike for its force and its flexibility, for the prodigious power which it can exert, and the ease, and precision, and ductility, with which it can be varied, distributed, and applied. The trunk of an elephant, that can pick up a pin or rend an oak, is as nothing to it.
Página 79 - But these are poor and narrow views of its importance. It has increased indefinitely the mass of human comforts and enjoyments, and rendered cheap and accessible, all over the world, the materials of wealth and prosperity.