The Collected Works of Walter Bagehot: The economic essays |
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ADAM SMITH AND OUR MODERN ECONOMY I If we compare Adam Smith's conception of political economy with that to which we are now used , the most striking point is that he never seems aware that he is dealing with what we should call an ...
ADAM SMITH AND OUR MODERN ECONOMY I If we compare Adam Smith's conception of political economy with that to which we are now used , the most striking point is that he never seems aware that he is dealing with what we should call an ...
Стр. 299
They think Adam Smith practical because he seems to deal with all the real facts of man's life , though he actually exaggerates some , and often omits others ; but they think modern economists unpractical because they have taken the ...
They think Adam Smith practical because he seems to deal with all the real facts of man's life , though he actually exaggerates some , and often omits others ; but they think modern economists unpractical because they have taken the ...
Стр. 323
Adam Smith's idea , therefore , that in ordinary circumstances the rent of land entered as an element into the price of agricultural produce , though a very natural idea , was a complete mistake , because he could not have told what ...
Adam Smith's idea , therefore , that in ordinary circumstances the rent of land entered as an element into the price of agricultural produce , though a very natural idea , was a complete mistake , because he could not have told what ...
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Late Monetary Articles 186676 Closely Related | 9 |
One Banking Reserve or The Economist | 18 |
Will the Money Market Take The Economist | 27 |
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able abstract Adam advantage ages amount Bagehot Bank of England bankers beginning believe better bills called capital capitalist causes classes coin coinage common consider considerable cost course currency deal demand deposits desire difficulty discussion doubt Economist effect employed employment English equal exchange existing fact France give given gold greater idea important increase industry interest issue keep kind labour land least less live London matter means Mill mind nature necessary never notes obtain persons political economy population possible practical present principle probably produce profit quantity question reason reserve result rule Scotch securities seems society supply suppose theory things thought trade true unit Volume wages wealth whole writing