The Doctrine of Equivalents, Or, An Explanation of the Nature, the Value, And the Power of Money, Together With Their Application in Organising Public Finance 1
The book The Doctrine of Equivalents, Or, An Explanation of the Nature, the Value, And the Power of Money, Together With Their Application in Organising Public Finance 1 was written by author George Craufurd Here you can read free online of The Doctrine of Equivalents, Or, An Explanation of the Nature, the Value, And the Power of Money, Together With Their Application in Organising Public Finance 1 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Doctrine of Equivalents, Or, An Explanation of the Nature, the Value, And the Power of Money, Together With Their Application in Organising Public Finance 1 a good or bad book?
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The price of labour being of courfe a necefiary, and a material part in the mo- ney value of all general produ61:ions of nature , from which new Capitals, or Efta- tes are conftru6led, we can find no diffi- culty in afcertaining, that fuch part recei- ves a fenfible diminution in price from a decreafe in the money value of the other part called rents or natural produce. It AN EXPLANATION OF THE NATURE , &C. 69 It is alio very evident , that rents and labour form a very confiderable part of all ...Capitals, and that their tendency to decreafe in money value mull coun- terafl the confequences of the increafing value , in the other part called land , which appears to take place on money beco- ming plentier. Capitals have , therefore , upon the whole , when connefted , or arifing in any degree from induilrious incomes, or natu- ral produ6lions, the fame tendency to fall in money value, when In terelt falls, as thofe incomes or produftions have , and thefe confequences are confiderably in- creafed , by the a6]:ion and reaiPtion be- tween the Capital, and the income, which feem neceflarily and inevitably linked to- gether by nature, and influence one an- other for the following reafons.
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