 | Albert Kimsey Owen - 1890 - 378 страници
...law as certain as any of the laws of nature. — (Professor Walker's Science of Wealth, p. 221.) '' If the whole money in circulation was doubled, prices...If it was only increased one-fourth, prices would rise onefourth."— (Mill, Prin. Pol. Economy, vol. II. p. 2'J.) " General prosperity and a general... | |
 | John Stuart Mill - 1893 - 616 страници
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...doubled. If it was only increased one-fourth, prices v.'ould rise one-fourth. There would be one-fourth more money, all of which would be used to purchase... | |
 | George Henry Shibley - 1896 - 722 страници
...speaking of the ratio between money and goods, is usually given alone (page 296 of my edition of Mill): " 'It is to be remarked that this ratio would be precisely that in which the quantity of money had increased. If the whole money in circulation was doubled prices would be doubled. If it was increased... | |
 | 1896 - 1148 страници
...government will propose it, or that the Chambers will vote it. Previously to this, J. Stuart Mill said : If the whole money In circulation was doubled, prices would be doubled; if it was only increased one fourth, prices would rise one fourth. Dunning " On Relation of Money to Price " contains the above... | |
 | 1896 - 608 страници
...precisely the same ratio in which its quantity is increased. If the whole money in circulation should be doubled prices would be doubled ; if it was only increased one-fourth, prices would rise one-fourth. . . . The principle, however, holds good only under the supposition that the quantity... | |
 | 1897 - 928 страници
...power — is fixed and regulated by the amount of money available for use. John Stuart Mill says : If the whole money in circulation was doubled prices...If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, all of which would be used to purchase goods... | |
 | 1898 - 592 страници
...amount of the fall in value is held to be strictly proportional to the increase in its quantity. " If the whole money in circulation was doubled, prices...If it was only increased one-fourth, prices would rise one-fourth." * Mill is here speaking of a hypothetical society, in which credit in any shape is... | |
 | Timothy Dwight, Julian Hawthorne - 1899 - 538 страници
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...If it was only increased one-fourth, prices would rise one-fourth. There would be one-fourth more money, all of which would be used to purchase goods... | |
 | John Stuart Mill - 1904 - 626 страници
...Prices would have risen in a certain ratio, and the value of money would have fallen in the same ratio. It is to be remarked that this ratio would be precisely...increased, , /If the whole money in circulation was f doubled, prices would be doubled. If itl was only increased one-fourth, prices would rise one-fourth.... | |
 | Michigan. Bureau of Labor and Industrial Statistics - 1908 - 572 страници
...slump in prices was stayed. John Stuart Mill, a noted economist, worte early in the last century that "if the whole money in circulation was doubled, prices would be doubled." And this statement is now generally accepted as a fact, though there are so many cross-currents in... | |
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It is to be remarked that this ratio would be precisely that in which the quantity of money had been increased. If the whole money in circulation was doubled, prices would be doubled. If it was only increased one-fourth, prices would rise one-fourth. 
