An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes — John Shaqi
An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxesSteuart, James, Sir
General
An Inquiry into the Principles of Political Oeconomy (Vol. 2 of 2): Being an essay on the science of domestic policy in free nations. In which are particularly considered population, agriculture, trade, industry, money, coin, interest, circulation, banks, exchange, public credit, and taxes
Steuart, James, Sir
Economics
CHAP. III. Is the loss which the course of exchange marks upon 25
the trade of Great Britain with France, real or apparent,
Reason for proposing this question, —
Suppositions, —
Principles, 25
How the paying for coinage affects the profits on goods 26
_exported_,
When the balance is favourable, 27
And how, when unfavourable, 28
How the paying for coinage affects the profits on goods —
_imported_,
When the balance is favourable, —
And how, when unfavourable, —
The more trade is favourable, the more adviseable it is to 29
impose a price upon coinage,
CHAP. IV. Of the different methods of imposing coinage, and of 30
the influence they respectively have upon the value of the
money unit, and upon the domestic interests of a nation,
Two ways of imposing coinage, —
Plan laid down in this chapter, 31
How coinage is imposed by authority, —
How by consent, —
When by authority, what the consequence, —
The metals are exported, —
How, in France, this is prevented in some measure, 32
French policy as to coin not generally understood, —
How coinage influences the price of inland commodities, 33
A case not to be resolved by this theory, but left to be —
verified by experiment,
An objection answered, —
Coinage affects the price of bullion immediately, and that 34
of commodities indirectly,
Consequence of the price of coinage, when imposed with —
consent,
That bullion is brought to the mint, when trade is 35
favourable,
How the mint price of the metals may be allowed to vary, 36
Influence of this method of imposing coinage, on the price 37
of commodities, and value of the pound sterling,
CHAP. V. How an experiment may be made to discover with 38
certainty the real effects of the imposition of coinage,
Plan of the experiment proposed, 39
The consequence of this will be, to recall the old guineas —
from abroad,
During this experiment a close attention must be had to the 40
rate of prices,
And if they vary how to discover the true cause, —
Farther consequences of this experiment, —
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account