The Collected Works of Walter Bagehot: The economic essays |
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Стр. 211
Of course it is not quite true that writers like Adam Smith and Ricardo really imagined the applicability of their doctrines to be so universal as they sometimes appeared to assume ; they had a consciousness that their doctrines were ...
Of course it is not quite true that writers like Adam Smith and Ricardo really imagined the applicability of their doctrines to be so universal as they sometimes appeared to assume ; they had a consciousness that their doctrines were ...
Стр. 285
All this is as true of political economy as of any physical science ; its deductions may be incontrovertible , and its results precisely true , whenever its assumptions are true , but these results will be very imperfect guides ...
All this is as true of political economy as of any physical science ; its deductions may be incontrovertible , and its results precisely true , whenever its assumptions are true , but these results will be very imperfect guides ...
Стр. 315
We must carefully bear in mind , too , that the rule that equivalent returns are made to equal capitals in the same times , is only true of employment between which capital fluctuates freely . This is to an almost perfect extent true of ...
We must carefully bear in mind , too , that the rule that equivalent returns are made to equal capitals in the same times , is only true of employment between which capital fluctuates freely . This is to an almost perfect extent true of ...
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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