Political EconomyAmerican Book Company, 1917 - 134 Seiten |
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Seite 15
... valuable . On the other hand diamonds , though much valued , are used for few purposes ; they make beautiful ornaments and they serve to cut glass or to bore rocks . Their high value chiefly arises from the fact that they are scarce ...
... valuable . On the other hand diamonds , though much valued , are used for few purposes ; they make beautiful ornaments and they serve to cut glass or to bore rocks . Their high value chiefly arises from the fact that they are scarce ...
Seite 101
... valuable , men spend a great deal of labour in getting it , have said that the labour spent upon it is the cause of the high value . This is quite wrong ; for if it were true , any- thing , upon which great labour has been spent , ought ...
... valuable , men spend a great deal of labour in getting it , have said that the labour spent upon it is the cause of the high value . This is quite wrong ; for if it were true , any- thing , upon which great labour has been spent , ought ...
Seite 104
... valuable telescope cannot cut it up , and sell a part to one and a part to another ; this would destroy its value . 77. Convenience of Money . With the aid of rooney all the difficulties of barter disappear ; for money consists of some ...
... valuable telescope cannot cut it up , and sell a part to one and a part to another ; this would destroy its value . 77. Convenience of Money . With the aid of rooney all the difficulties of barter disappear ; for money consists of some ...
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