... the whole state, and makes its effect be felt on all ranks of people. At first, no alteration is perceived ; by degrees the price rises, first of one commodity, then of another ; till the whole at last reaches a just proportion with the new quantity... The Theory of Economic Progress - Page 32by John Bates Clark - 1896 - 45 pagesFull view - About this book
| 1775 - 408 pages
...then of anoiher ; till the whole at laft reaches a juft proportion with the new quantity of fpecie which is in the kingdom. In my opinion it is only in this interval, or intermediate fituation, between the acquifition of money and the rife of prices, that the increafing quantity of... | |
| David Hume - 1788 - 492 pages
...comodity, then of another; till the whole at lafi reaches a juft proportion with the new quantity of fpecie which is in the kingdom. In my opinion, it is only in this interval or intermediate fituation, between the acquifition of money and rife of prices, that the encreafing. quantity of gold... | |
| 1762 - 762 pages
...of another ; till the whole at laft reaches ajtnt proportion with the new quantity of fpecie which H in the kingdom. In my opinion, it is only in this interval or intermediate fituation. betwixt the acquifition of money and rife of prices, that the increafing quantity of gold... | |
| Henry Thornton - 1802 - 332 pages
...Hujtne, in observing that. when money encreases, *' the price " rises first of one commodity, then of another, till the whole, at last, ** reaches a just proportion with the new quantity of specie which it *' in the kingdom,'' appears to tne not sufficiently to advert to the tendency of money to go abroad... | |
| David Hume - 1804 - 592 pages
...at last reaches a just propertioa with the new quantity of specie which is in the Icingdom. In 017 opinion, it is only in this interval or intermediate situation, between the acquisition of money 5tnd rise of prices, that the increasing quantity of gold aid silver is favourable to industry. When... | |
| Henry Thornton - 1807 - 298 pages
...Hume, in observing that, when money increases, " the price M rises first of one commodity, then of another, till the whole, at last, " reaches a just...new quantity of specie which is in " the kingdom," appears to me not sufficiently to advert to the tendency of money to go abroad as soon as it shall... | |
| David Hume - 1809 - 868 pages
...At first, no alteration is perceived ; by degrees the price rises, first of one commodity, then of another ; till the whole at last reaches a just proportion with the ncu il'iai/'ty of specie which is in the kingdom. In my fij ii .t.ii, it is only in this interval or... | |
| David Hume - 1817 - 564 pages
...At first, no alteration is perceived ; by degrees the price rises, first of one commodity, then of another ; till the whole at last reaches a just proportion...that the increasing quantity of gold and silver is. favourable to industry. When any quantity of money is imported into a nation, it is not at first dispersed... | |
| 1822 - 1148 pages
...' At first no alteration is perceived : by degrees the price rises, first of one commodity, then of another; till the whole at last reaches a just proportion with the new quantity of specie in the kingdom. In iny opinion, 'tis only in this interval or intermediate situation, betwixt the acquisition... | |
| Samuel Bailey - 1823 - 424 pages
...farmer follows his plough with greater alacrity and attention.'' " In my opinion," he continues, " it is only in this interval, or intermediate situation,...acquisition of money and rise of prices, that the increased quantity of gold and silver is favourable to industry." This doctrine, originally applied... | |
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