Elements of Political EconomyC. Scribner, 1866 - 449 páginas |
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Termos e frases comuns
Adam Smith advantage balance of trade bank bills bring capital capitalist Carey circulation coins commercial commodities consequently cost of labor cost of production currency demand desire determine division of labor dollars duction duties efforts elements employed England English estimated exchange exports foreign France Frederic Bastiat gain gold and silver gratuitous hand human important improvements increased interest invention John Stuart Mill land laws of value less lessen machinery manufacture measure of value ment Mercantile System metals modities monopoly motive mutual nature offer onerous paid parties pencil persons Political Economy principles profits purchase purchasing-power rate per cent relation relative render restrictions return service rise satisfaction science of value sell silks society sold supply supply and demand supposed tariff tends theory things tion tive trade utility vary wages-fund wants wealth whole writers
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Página 99 - This great increase of the quantity of work which, in consequence of the division of labour, the same number of people are capable of performing, is owing to three different circumstances; first, to the increase of dexterity in every particular workman; secondly, to the saving of the time which is commonly lost in passing from one species of work to another ; and lastly, to the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Página 338 - The charter of the Bank of the United States expires in 1836, and its stockholders will most probably apply for a renewal of their privileges. In order to avoid the evils resulting from precipitancy in a measure involving such important principles and such deep pecuniary interests...
Página 307 - An act to provide a national currency secured by a pledge of United States bonds, and to provide for the circulation and redemption thereof,
Página 2 - 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 2 - And the field of Ephron, which was in Machpelah, which was before Mamre, the field, and the cave which was therein, and all the trees that were in the field, that were in all the borders round about, were made sure 18 unto Abraham for a possession in the presence of the children of Heth, before all that went in at the gate of his city.
Página 338 - Both the constitutionality and the expediency of the law creating this bank are well questioned by a large portion of our fellow citizens; and it must be admitted by all, that it has failed in the great end of establishing a uniform and sound currency.
Página 388 - commerce" and " trade" are commonly regarded as convertible terms; yet are the ideas they express so widely different as to render it essential that their difference be clearly understood. All men are prompted to associate and combine with each other, to exchange ideas and services with each other, and thus to maintain COMMERCE. Some men seek to perform exchanges for other men, and thus to maintain TRADE. Commerce is the object everywhere desired and everywhere sought to be accomplished. Traffic...
Página 424 - March one thousand six hundred sixty-four, no commodity of the growth, production or manufacture of Europe, shall be imported into any land, island, plantation, colony, territory or place to his Majesty belonging...
Página 282 - It remains with us, it will not forsake us, it is always ready and at hand for the purpose of commerce or taxes, and every industrious man can find it.
Página 12 - the actions of the husbandman in the seed-time, when he casteth away much good corn into the ground, we shall account him rather a madman than a husbandman. But when we consider his labours in the harvest, which is the end of his endeavours, we shall find the worth and plentiful increase of his actions.