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" MONEY is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange of one commodity for another. It is none of the wheels of trade: It is the oil which renders the motion of... "
The Scots Magazine - Página 31
1762
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Monetary Theory, 1601-1758, Volume 6

Antoin E. Murphy, Chūhei Sugiyama - 1997 - 366 páginas
...Of Money Money is not, properly speaking, one of the subjects of commerce; but only the instrument, which men have agreed upon to facilitate the exchange of one commodity for another. 'Tis none of the wheels of trade: 'Tis the oil, which renders the motion of the wheels more smooth...
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The Unconscious Civilization

John Ralston Saul - 1999 - 212 páginas
...inflation. Hume: Money is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange...the oil which renders the motion of the wheels more smooth and easy.22 Smith: Money is neither a material to work upon, nor a tool to work with.23 Those...
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Social Science Quotations: Who Said What, When, and Where

David L. Sills, Robert King Merton - 2000 - 466 páginas
...1985:212. 20 Money is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange...the oil which renders the motion of the wheels more smooth and easy. Of Money (1752) 1955:33. 21 Every thing in the world is purchased by labour; and our...
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A Coincidence of Wants: The Novel and Neoclassical Economics

Charles R. Lewis - 2000 - 166 páginas
...Reform," The Business of Common Life, 30-64. The Difference of a Doubloon The Oil of Trade in Moby Dick "It is none of the wheels of trade: It is the oil which renders the motion of the wheels more smooth and easy." -DAVID HUME, "OF MONEY" (309) "Such a clearer! such a sweetener! such a softener!...
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Economic Convergence and Divergence in Europe: Growth and Regional ...

Gertrude Tumpel-Gugerell, Peter Mooslechner - 2003 - 498 páginas
...'Of Money': Money is not, properly speaking one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange...the oil which renders the motion of the wheels more smooth and easy. The integration of euro banknotes and coins from 1 January 2002 marks the completion...
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Hume: Political Essays

David Hume - 2003 - 376 páginas
...Of money MONEY is not, properly speaking, one of the subjects of commerce; but only the instrument which men have agreed upon to facilitate the exchange...the oil which renders the motion of the wheels more smooth and easy. If we consider any one kingdom by itself, it is evident, that the greater or less...
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Business

布卢姆斯伯里出版公司 - 2003 - 2176 páginas
...HttVMttMMf of I (ВО 2114-Ю) 'Money is not, property speaking, one of the subjects of commerce. . .it is the oil which renders the motion of the wheels more smooth and easy/ юа^ Hume) Competitor Analysis: From Data to Insight by Liam Fahey Competitor Analysis...
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Economics with Calculus

Michael C. Lovell - 2004 - 636 páginas
...instrument which men have agreed upon to facilitate the exchange of one commodity for another. It is not one of the wheels of trade: It is the oil which renders the motion of the wheels more smooth and easy. If we consider any one kingdom by itself, it is evident, that the greater or less...
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Economics with Calculus

Michael C. Lovell - 2004 - 632 páginas
...developed. Indeed, philosophereconomist David Hume [1711-1776] explained:9 Money is ... only the instrument which men have agreed upon to facilitate the exchange of one commodity for another. It is not one of the wheels of trade: It is the oil which renders the motion of the wheels more smooth and...
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Semantische Kämpfe: Macht und Sprache in den Wissenschaften

Ekkehard Felder - 2006 - 421 páginas
...David Hume GELD im 18. Jahrhundert als ÖL, das die „Räder des Handels" antreibt: It [Geld — MH] is none of the wheels of trade: It is the oil which renders the motion of the wheels more smooth and easy. (Hume 1752/1964: 309) Eben diese Kraftstoffkomponente finden wir auch heute noch in...
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