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The Elements of Political Economy: With Some Applications to Questions of ...
James Laurence Laughlin
No preview available - 2016
amount bank bimetallism bonds borrow bullion bushels buyer capital and labor capitalist cause cent CHAPTER classes of laborers coin commodities corn cost of production cultivation debt deposits desire diminishing returns division of labor duction economic employed employment equal exchange value exist exports factory fall farmer free-traders gain give gold and silver Government grade grains greater Gresham's law imports increase indirect taxes industries investment iron issue kind labor and capital land law of diminishing legal tender less loan Lond machinery manager manufacture means outlay paid paper money payment persons Political Economy principles profits purchasing power quantity railways raise rate of interest receive relatively rent rise sacrifice seigniorage sell share shoes skilled labor soil tariff taxes things tion trade Treasury United States notes unskilled labor utility wages and interest wants wealth wheat workmen