The Elements of Political Economy

abundant actual Adam Smith amount bank notes Bank of England banker bestowed bills of exchange bullion called cause cent circulating medium circumstances coin commerce commodities conception consequently Convertible securities corn cost of production cultivation debt diminished diminution diminution in value discount doctrine effect employed England exactly exchangeable value fallacy fixed capital floating capital former give gold and silver greater Hence idea increase Inductive Philosophy industry J. S. Mill land manifestly market price means metal natural price nature object operations paid paper currency payable payment persons Political Economy produce production regulates value profit promise to pay proportion purchase quantity of labor quantity of money rate of interest received rendered rent represent Ricardo rise says sell seller shew shewn sold species supply and demand suppose things tion trade transaction true value of money wealth