The Elements of Political Economy |
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Page xvii
... Supply and Demand , and the Cost of Production The Just Price 185 187 § 4. Usefulness of Fairs and Exchanges 188 CHAPTER III . MONEY 189 § 1 . Nature and Function of Money 189 § 2 . Different Kinds of Money 191 § 3 . Value of Money ...
... Supply and Demand , and the Cost of Production The Just Price 185 187 § 4. Usefulness of Fairs and Exchanges 188 CHAPTER III . MONEY 189 § 1 . Nature and Function of Money 189 § 2 . Different Kinds of Money 191 § 3 . Value of Money ...
Page 11
... supply it with an abund- ance of all that it wishes to obtain . For the popular maxim : " One man's loss is another man's gain , " we ought to substitute , " One man's loss is every man's loss . " By proving that every one is interested ...
... supply it with an abund- ance of all that it wishes to obtain . For the popular maxim : " One man's loss is another man's gain , " we ought to substitute , " One man's loss is every man's loss . " By proving that every one is interested ...
Page 24
... supplies ; it is because bread satisfies my hunger that it has a value in my eyes . The greater this power of satisfying a rational want , the greater an object's value . An ox is thus worth ten times as much as a sheep , as giving ten ...
... supplies ; it is because bread satisfies my hunger that it has a value in my eyes . The greater this power of satisfying a rational want , the greater an object's value . An ox is thus worth ten times as much as a sheep , as giving ten ...
Page 27
... supply of boots and but little money , the value of boots will be less than if there were few of these and an abun- dance of money . CHAPTER V. THE METHOD OF INVESTIGATION . STUART MILL says that political economy is es- sentially an ...
... supply of boots and but little money , the value of boots will be less than if there were few of these and an abun- dance of money . CHAPTER V. THE METHOD OF INVESTIGATION . STUART MILL says that political economy is es- sentially an ...
Page 32
... supplies the force which facilitates production . Thus the soil yields us corn , and the waterfall sets in motion the mill which turns the corn into flour . But with every improvement of industrial processes the share of nature in the ...
... supplies the force which facilitates production . Thus the soil yields us corn , and the waterfall sets in motion the mill which turns the corn into flour . But with every improvement of industrial processes the share of nature in the ...
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Common terms and phrases
abundance Adam Smith advantage agriculture amount ancient Aristotle banks BARNABY RUDGE Belgium bill capital causes CHAPTER CHARLES DICKENS circulation civilisation cloth coin colonies commerce commodities Connection between Political consumed consumption corn cost of production created crises cultivation debts demand Demy 8vo Destutt de Tracy diminish division of labour economist Edition employed employment England excess exchange favourable France greater hand human Illustrations inches increase industry interest J. S. Mill justice land Large crown 8vo laws machinery manufacturer MARTIN CHUZZLEWIT means ment Montesquieu moral nations nature necessary needs object obtain organisation paid payment political economy population possession Productiveness of Labour profit progress proportion proprietor prosperity purchase quantity rent reward rich rise says sell share shillings SKETCHES BY BOZ society soil SOUTH KENSINGTON MUSEUM supply tion token money trade utility vols wages wealth
Popular passages
Page 48 - Yet a little sleep, a little slumber, a little folding of the hands to sleep : so shall thy poverty come as one that travelleth, and thy want as an armed man.
Page 15 - CATALOGUE OF THE FICTILE IVORIES IN THE SOUTH KENSINGTON MUSEUM. With an Account of the Continental Collections of Classical and Mediaeval Ivories. Royal 8vo, half-morocco, £i 4s.
Page 260 - ... the duty of erecting and maintaining certain public works and certain public institutions which it can never be for the interest of any individual or small number of individuals to erect and maintain, because the profit could never repay the expense to any individual or small number of individuals, though it may frequently do much more than repay it to a great society.
Page 17 - WORSAAE (JJA)— INDUSTRIAL ARTS OF DENMARK, FROM THE EARLIEST TIMES TO THE DANISH CONQUEST OF ENGLAND. With Maps and Woodcuts. Large crown 8vo, 3s.
Page 8 - A DESCRIPTIVE AND ILLUSTRATED CATALOGUE OF THE BRONZES OF EUROPEAN ORIGIN in the SOUTH KENSINGTON MUSEUM, with an Introductory Notice. Royal 8vo, half-morocco, A DESCRIPTIVE AND ILLUSTRATED CATALOGUE OF MAIOLICA, HISPANO-MORESCO, PERSIAN, DAMASCUS, AND RHODIAN WARES in the SOUTH KENSINGTON MUSEUM.
Page 10 - MEREDITH (GEORGE)— MODERN LOVE AND POEMS OF THE ENGLISH ROADSIDE, WITH POEMS AND BALLADS.
Page 16 - INDUSTRIAL ARTS OF DENMARK. From the Earliest Times to the Danish Conquest of England.
Page 27 - ANALYSIS OF ORNAMENT: THE CHARACTERISTICS OF STYLES. An Introduction to the Study of the History of Ornamental Art. With many Illustrations.
Page 6 - ENGEL (CARL)— A DESCRIPTIVE AND ILLUSTRATED CATALOGUE OF THE MUSICAL INSTRUMENTS in the SOUTH KENSINGTON MUSEUM, preceded by an Essay on the History of Musical Instruments. Second Edition. Royal 8vo, half-morocco, i2s.
Page 259 - ... the duty of protecting the society from the violence and invasion of other independent societies; secondly, the duty of protecting, as far as possible, every member of the society from the injustice or oppression of every other member of it...