The Collected Works of Walter Bagehot: The economic essaysHarvard University Press, 1978 |
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Стр. 122
... effect of this cheapness is great in every department of industry . The working classes , having cheaper food , need to spend so much less on that food , and have more to spend on other things . In consequence , there is a gentle ...
... effect of this cheapness is great in every department of industry . The working classes , having cheaper food , need to spend so much less on that food , and have more to spend on other things . In consequence , there is a gentle ...
Стр. 206
... effect of this is to throw additional business on the Bank of England . They hold the ultimate reserve of the country , and they must discount out of it if no one else will : if they de- clined to do so there would be panic and collapse ...
... effect of this is to throw additional business on the Bank of England . They hold the ultimate reserve of the country , and they must discount out of it if no one else will : if they de- clined to do so there would be panic and collapse ...
Стр. 252
... effect . It is in general known from the first , though its effects in detail have rarely been correctly interpreted : there is seldom any law compelling a return to the original standard , as we have supposed to be the case with ...
... effect . It is in general known from the first , though its effects in detail have rarely been correctly interpreted : there is seldom any law compelling a return to the original standard , as we have supposed to be the case with ...
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Editors Preface | 19 |
Foreign Countries 186376 | 22 |
Note on the Text | 25 |
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Часто встречающиеся слова и выражения
advances alarm amount augmented Bagehot balance Bank directors bank notes Bank of England Bank of France bankers banking department banking reserve bill brokers borrow bullion capital cash cause cent cheque circulation coin commercial commodities companies consequence currency danger dealers demand deposit banking depreciation diminished discount dividend doubt economic Economist effect English evil exchange Exchequer export foreign give gold Governor greater important increase industry joint stock banks joint stock companies keep lend lent less loans Lombard Street London Lord Overstone means ment mercantile merchants metallic money market monopoly nation natural never note issue obtain opinion Overend paid panic paper payment Peel's Act persons present principle private banks profit quantity railway rate of interest rise of prices Scotland securities shareholders Sir Robert Peel's theory trade transactions value of money Walter Bagehot wealth whole