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abstinence amount bank notes bankers barter become bills of exchange bushels capital cause cent chapter cheques circulation coin coinage commerce commodities common denominator condition consumption corn currency debt definition denominator of values desire dollar economists exchange relations existence expressed fact factors factors of production fluctuations Francis Walker free silver function of money Gresham's Law hence human ideal increase industry interest invariable Jevons John Stuart Mill labor land Macleod means measure of value medium of exchange ment merely metals modities monetary system money question monopolized moral nations nature nomics numbers ounce panics paper payment political economy possess pound principles production purchasing power quantity ratio regard represent restricted result satisfaction says scientific social society standard of value substance supply and demand Theory of Credit things ticket tion transaction unit of purchasing usurers usury utility wealth wheat whilst
Page 289 - Nay, take my life and all ; pardon not that : You take my house, when you do take the prop That doth sustain my house ; you take my life, When you do take the means whereby I live.
Page 83 - THERE is -NO WEALTH BUT LIFE. Life, including all its powers of love, of joy, and of admiration. That country is the richest which nourishes the greatest number of noble and happy human beings; that man is richest who, having perfected the functions of his own life to the utmost, has also the widest helpful influence, both personal, and by means of his possessions, over the lives of others.
Page 223 - It is a machine for doing quickly and commodiously, what would be done, though less quickly and commodiously, without it : and like many other kinds of machinery, it only exerts a distinct and independent influence of its own when it gets out of order.
Page 348 - As also, in all his epistles, speaking in them of these things ; in which are some things hard to be understood, which the unlearned and unstable wrest, as they do also the other scriptures, to their own destruction.
Page 346 - If thou lend money to any of My people that is poor by thee, thou shalt not be to him as an usurer, neither shalt thou lay upon him usury.
Page 20 - Political economy, considered as a branch of the science of a statesman or legislator, proposes two distinct objects : first, to provide a plentiful revenue or subsistence for the people, or, more properly, to enable them to provide such a revenue or subsistence for themselves ; and secondly, to supply the state or commonwealth with a revenue sufficient for the public services. It proposes to enrich both the people and the sovereign.
Page 282 - ... requisite. It was indeed in appearance only; for their creditors were really defrauded of a part of what was due to them. All other debtors in the state were allowed the same privilege, and might pay with the same nominal sum of the new and debased coin whatever they had borrowed in the old.
Page 108 - Happily, there is nothing in the laws of Value which remains for the present or any future writer to clear up; the theory of the subject is complete...
Page 262 - For credit, though it is not productive power, is purchasing power; and a person who, having credit, avails himself of it in the purchase of goods, creates just as much demand for the goods, and tends quite as much to raise their price, as if he made an equal amount of purchases with ready money.
Page 66 - Thus the matter of life, so far as we know it (and we have no right to speculate on any other), breaks up, in consequence of that continual death which is the condition of its manifesting vitality, into carbonic acid, water, and nitrogenous compounds, which certainly possess no properties but those of ordinary matter.