Elements of Political Economy

Adam Smith advantage amount balance of trade bank Bank of England bills borrow bring capital capitalist circulation coins commercial commodities Congress consequently cost of labor cost of production cottons currency debt demand depreciation desire dollars duties efforts elements employed England English estimated exchange exports foreign France Frederic Bastiat gain gold and silver hand human important increased interest land laws of value legal tender less lessen loan machinery manufacture measure of value ment Mercantile System metals modities monopoly Morrill tariff mutual nature offer onerous paid paper money payment pencil persons Political Economy principles profits purchase purchasing-power quantity rate per cent relative render rise satisfaction science of value secure seigniorage sell silks society supply supposed tariff tends theory things tion trade United utility value of money vary wages wants wealth whole worth writers