Finance and taxation, money and bimetallism, economic theoryH. Holt, 1899 |
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Finance and taxation, money and bimetallism, economic theory Francis Amasa Walker Vista completa - 1899 |
Finance and taxation, money and bimetallism, economic theory Francis Amasa Walker Vista completa - 1899 |
Términos y frases comunes
Adam Smith American amount argument bank bimetal bimetallism bimetallists body Böhm-Bawerk business profits cause cent circulation coinage commodities competition considerable cost of production currency debt degree demonetization depositors deposits doctrine dollars duction duties economic economists effect employers England equal exchange existing expenditure fact force fund gold human hundred importance increase industrial interest labor and capital laboring class land Latin Union law of rent less Macvane matter ment metal millions money supply monometallism monometallists nation natural nomic operation paid payment political economy present principle Productivists Professor Cairnes protection protectionism protectionists quantity-theory question ratio reason regarding rent result revenue savings savings-banks scheme silver silver party social soil statement surplus surplus value taxation theory thing tion trade true United value of money wage-fund wages wealth whole writers
Pasajes populares
Página 99 - The only case in which, on mere principles of political economy, protecting duties can be defensible, is when they are imposed temporarily (especially in a young and rising nation) in hopes of naturalizing a foreign industry, in itself perfectly suitable to the circumstances of the country.
Página 29 - Resolved, That the secretary of the treasury be directed to prepare and report to the senate at their next session, a plan for the application of such means as are within the power of Congress, to the purposes of opening roads and making canals ; together with a statement of undertakings of that nature, which, as objects of public improvement, may require and deserve the aid of government...
Página 328 - Homer ruled as his demesne : Yet did I never breathe its pure serene Till I heard Chapman speak out loud and bold : Then felt I like some watcher of the skies When a new planet swims into his ken ; Or like stout Cortez when with eagle eyes He stared at the Pacific — and all his men Look'd at each other with a wild surmise— Silent, upon a peak in Darien.
Página 302 - It predicts only such of the phenomena of the social state as take place in consequence of the pursuit of wealth. It makes entire abstraction of every other human passion or motive ; except those which may be regarded as perpetually antagonizing principles to the desire of wealth ; namely, aversion to labour, and desire of the present enjoyment of costly indulgences.
Página 225 - Macculloch that, putting out of sight individual cases of hardship, if such exist, a fall in the value of gold must have, and, as I should say, has already a most powerfully beneficial effect. It loosens the country, as nothing else could, from its old bonds of debt and habit. It throws increased rewards before all who are making and acquiring wealth, somewhat at the expense of those who are enjoying acquired wealth. It excites the active and skilful classes of the community to new exertions...
Página 223 - But notwithstanding this conclusion, which must be allowed just, it is certain that since the discovery of the mines in America, industry has increased in all the nations of Europe, except in the possessors of those mines; and this may justly be ascribed, among other reasons, to the increase of gold and silver.
Página 309 - ... scattered indications of the feeling of eminent individualities on this matter, for of late years the growing dissatisfaction has risen to the dimensions of a European revolt, whose organs have appeared not in the ranks of general literature, but within the sphere of economic investigation itself. It is a characteristic result of the narrowness and spirit of routine which have too much prevailed in the dominant English school of economists, that they are either unacquainted with, or have chosen...
Página 277 - ... and desire of the present enjoyment of costly indulgences. These it takes, to a certain extent, into its calculations, because these do not merely, like other desires, occasionally conflict with the pursuit of wealth, but accompany it always, as a drag or impediment, and are therefore inseparably mixed up in the consideration of it.
Página 224 - It is easy to trace the money in its progress through the whole commonwealth ; where we shall find, that it must first quicken the diligence of every individual, before it increase the price of labour.
Página 155 - On the contrary, the assembly believe that it is desirable that the unrestricted coinage of silver and its use as money of unlimited legal tender should be retained where they exist, and, as far as practicable, restored where they have ceased to exist.