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" 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. "
A Scientific Solution of the Money Question - Page 223
by Arthur Kitson - 1894 - 403 pages
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Principles of Political Economy with Some of Their Applications to ..., Volume 2

John Stuart Mill - Economics - 1848 - 588 pages
...produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant thing, in the...a contrivance for sparing time and labor. It is a machinery for doing quickly and commodiously, what would be done, though less quickly and commodiously,...
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Principles of Political Economy with Some of Their Applications to ..., Volume 2

John Stuart Mill - Economics - 1848 - 602 pages
...than money ; except in the character of a contrivance for sparing time and labor. It is a machinery 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...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1849 - 588 pages
...produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant thing, in the...the character of a contrivance for sparing time and labour. It is a machinery for doing quickly and commodiously, what would be done, though less quickly...
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Principles of political economy, with some of their applications ..., Volume 2

John Stuart Mill - Economics - 1852 - 600 pages
...economy of society, than money ; except in the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously,...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...
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Principles of Political Economy: With Some of Their Applications ..., Volume 2

John Stuart Mill - Economics - 1857 - 610 pages
...produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant thing, in the...the character of a contrivance for sparing time and labour. It is a machine for doing quickly and commodiously, what would be done, though less quickly...
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Sketches of Political Economy

James Stuart Laurie - Economics - 1864 - 106 pages
...distributes it to them direct, or sells it for them and gives them the price. There cannot, in short, be intrinsically a more insignificant thing, in the...the character of a contrivance for sparing time and labour. It is merely a machine for doing quickly and commodiously what would be done, though less quickly...
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Chapters in Political Economy

Albert Sidney Bolles - Economics - 1874 - 224 pages
...time and labor in making exchanges, but not to add to the number of them. Says JOHN STUART MILL : " It is a machine for doing quickly and commodiously...though less quickly and commodiously, without it." This economic principle is very imperfectly understood else no cry would be heard for more paper money....
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Studies in Political Economy

Anthony Musgrave - Economics - 1875 - 244 pages
...intellectual power and logical perception of Mr. Mill, should not have known, when he stated that there cannot be intrinsically a more insignificant thing in the economy of society than money — when he called it a machine, a medium, or oil for machinery — that he had really misconceived...
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Studies in Political Economy

Anthony Musgrave - Economics - 1875 - 258 pages
...intellectual power and logical perception of Mr. Mill, should not have known, when he stated that there cannot be intrinsically a more insignificant thing in the economy of society than money—when he called it a machine, a medium, or oil for machinery—that he had really misconceived...
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Principles of Political Economy with Some of Their Applications to Social ...

John Stuart Mill - Economics - 1875 - 624 pages
...produce, it is that and nothing else which supplies all incomes furnished by them. There cannot, in short, be intrinsically a more insignificant thing, in the economy of society, than monejrp except in the character of a contnvance_jor_ sparing .time and labour. Tt is a machine for...
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