A History of Economic Doctrines from the Time of the Physiocrats to the Present DayHeath, 1915 - 672 страници |
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Страница 309
... mere instrument of exchange . Money by itself is of no use to me . I merely take it in order to part with it . I can neither consume it nor cultivate it . " 1 It is a mere medium of exchange , and the interest paid merely covers this ...
... mere instrument of exchange . Money by itself is of no use to me . I merely take it in order to part with it . I can neither consume it nor cultivate it . " 1 It is a mere medium of exchange , and the interest paid merely covers this ...
Страница 313
... mere medium of exchange having no value . He forgets that money is desired not merely for purposes of exchange , but also as a store of value , as the proper instrument for hoarding and saving ; and although the exchange notes may ...
... mere medium of exchange having no value . He forgets that money is desired not merely for purposes of exchange , but also as a store of value , as the proper instrument for hoarding and saving ; and although the exchange notes may ...
Страница 512
... merely by using money inherited from his ancestors to pay for the services of his fellow - men . Life is the only ... merely a minimum but also a maximum wage . Whatever profession a person follows , whether he be workman , soldier , or ...
... merely by using money inherited from his ancestors to pay for the services of his fellow - men . Life is the only ... merely a minimum but also a maximum wage . Whatever profession a person follows , whether he be workman , soldier , or ...
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Adam Smith agriculture already anarchists association attempt Bakunin Bastiat become Book capital capitalist chap Classical commodity competition conception corn cost of production criticism cultivation demand distribution division of labour doctrine economic economists employed entrepreneur equal exchange existence fact favour Fourier France French German give Government hand human Ibid ideas important increase individual industry influence interest kind land less Liberal liberty Louis Blanc Malthus manufacturers Marx Marxian Marxism matter means merely method Mill moral natural necessary never organisation Phalanstère Physiocrats political economy politique population principle private property profit proprietors Proudhon quantity quasi-contract Quesnay question realised recognise regarded régime rent result revenue Revolution Ricardian Ricardo Rodbertus Saint-Simon Saint-Simonians seems simply Sismondi Smith social socialists society solidarity supply surplus value theory thought tion to-day trade true utility wages Walras Wealth of Nations whole workers writers