Sketches of the History of Man 1
Sketches of the History of Man 1
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* Money cannot be juftly fatd to be deficient where there is foffir eiency to purchafe every commodity, including labour, that is wantv.
cd. Any greater quantity is hurtful to commerce, as will be feeiv afterward. But to be forced tf> contract debt ever* when one deals, prudently and profitably, and confidently to be ftftjetted to legal execution, is a proof, by no means ambiguous, of fcarcity of moneys which till of late was remarkably the cafe in Scotland Sk.IV: *i COMMERCE. . « 9 moft fedate..., to exert themfelves in building, in huiband* ry, in manufactures, and in other folid improvements.
Such articles' require both hands and materials, the prices of which are raifed by the additional demand. The la- . bourer again whofe wages are thus raifed, is not now fa- tisned with mere necefTaries ; but infills for convenien- cies, the price of which alfo is raifed by the new demand.
In fhort, increafe of money raifes the price-of every com- modity ;" partly from the greater quantity of money, and partly from the additional demand for fupplying artificial wants.
What to read after Sketches of the History of Man 1?
You can find similar books in the "Read Also" column, or choose other free books by Kames, Henry Home, Lord, 1696-1782 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
* Money cannot be juftly fatd to be deficient where there is foffir eiency to purchafe every commodity, including labour, that is wantv.
cd. Any greater quantity is hurtful to commerce, as will be feeiv afterward. But to be forced tf> contract debt ever* when one deals, prudently and profitably, and confidently to be ftftjetted to legal execution, is a proof, by no means ambiguous, of fcarcity of moneys which till of late was remarkably the cafe in Scotland Sk.IV: *i COMMERCE. . « 9 moft fedate..., to exert themfelves in building, in huiband* ry, in manufactures, and in other folid improvements.
Such articles' require both hands and materials, the prices of which are raifed by the additional demand. The la- . bourer again whofe wages are thus raifed, is not now fa- tisned with mere necefTaries ; but infills for convenien- cies, the price of which alfo is raifed by the new demand.
In fhort, increafe of money raifes the price-of every com- modity ;" partly from the greater quantity of money, and partly from the additional demand for fupplying artificial wants.
What to read after Sketches of the History of Man 1?
You can find similar books in the "Read Also" column, or choose other free books by Kames, Henry Home, Lord, 1696-1782 to read onlineMoreLess
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