Political EconomyAmerican Book Company, 1917 - 134 Seiten |
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Seite 16
... Commodity . We now know exactly what is wealth ; but instead of speaking continually of wealth , it will often be convenient to speak of commodities , or goods . A commodity is any portion of wealth anything , therefore , which is ...
... Commodity . We now know exactly what is wealth ; but instead of speaking continually of wealth , it will often be convenient to speak of commodities , or goods . A commodity is any portion of wealth anything , therefore , which is ...
Seite 105
... commodity with that of any other commodity . If we know how much copper may be had for so much lead ; how much iron for so much steel ; and so on with zinc and brass , bricks and timber , and so forth , it would not be possible to ...
... commodity with that of any other commodity . If we know how much copper may be had for so much lead ; how much iron for so much steel ; and so on with zinc and brass , bricks and timber , and so forth , it would not be possible to ...
Seite 106
... commodity with that of every other . This is an immense convenience . It leads every one to think and speak of the ... commodity . Its value is subject to the laws of supply and demand already stated ( section 73 ) ; if the quantity of ...
... commodity with that of every other . This is an immense convenience . It leads every one to think and speak of the ... commodity . Its value is subject to the laws of supply and demand already stated ( section 73 ) ; if the quantity of ...
Inhalt
INTRODUCTION | 7 |
UTILITY | 17 |
PRODUCTION OF WEALTH | 24 |
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Adam Smith American Book Company arises BALFOUR STEWART banker become beef better Brander Matthews bubble called capitalist carry cent cheaply circulating capital Cloth coal coins collapse commodity Company Cincinnati Chicago corn cost cotton division of labour earn employed employers employment England exchange factory farm farmer give gold increase Indirect Taxes invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage means ment metal natural agent paid payment pearls person plenty political economy poor pounds Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell sent prepaid shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen York American