| American literature - 1887 - 890 pages
...according to the point from which we look on them. Thus Mill says, " There cannot be a general rise in values. It is a contradiction in terms. A can only...exchanging for a greater quantity of B and C, in which case they must exchange for a smaller quantity of A." He forgets that to the producer of A, A is measured... | |
| John Stuart Mill - Business & Economics - 1848 - 622 pages
...by making himself thoroughly familiar. The following is one of the principal. There is such a thing as a general rise of prices. All commodities may rise...All things cannot rise relatively to one another. If one-half of the commodities in the market rise in exchange value, the very terms imply a fall of the... | |
| John Stuart Mill - Economics - 1857 - 632 pages
...by making himself thoroughly familiar. The following is one of the principal. There is such a thing as a general rise of prices. All commodities may rise...quantity of B and C ; in which case these must exchange fora smaller quantity of A. All things cannot rise relatively to one another. If one-half of the commodities... | |
| Samuel Newington - 1858 - 144 pages
...of different countries which profess to represent them." — Malthus, p. 55. " There is such a thing as a general rise of prices. All commodities may rise...general rise of values. It is a contradiction in terms If one-half the commodities in the market rose in exchange value, the very terms imply a fall of the... | |
| John Stuart Mill - Economics - 1870 - 632 pages
...rise of prices. All commodities may ri-e :-: their money price. But there cannot be a general rise 01 values. It is a contradiction in terms. A can only...All things cannot rise relatively to one another. If one-half of the commodities in the market rise in exchange value, the very terms imply a fall of the... | |
| John Stuart Mill - Economics - 1875 - 624 pages
...ities^^_^' _ BuE Th'ore canno: be. a gencra|^rise"of vaEegr~It~is~ a" contradiction Ih~ terms. A~~can only rise in value by exchanging for a greater quantity...case these must exchange for a smaller quantity of A. Al]_ things .cannot rise relatively to one another. If one-Tun? of the commodities mThe market rise... | |
| National cyclopaedia - 1879 - 698 pages
...of political economy is that though there cannot be a general rise of values, there is such a thing as a general rise of prices. All commodities may rise in their money price ; but a general rise of values is a contradiction in terms. A can only rise in value by exchanging for a... | |
| John Stuart Mill - Economics - 1884 - 718 pages
...those which originate in itself affect its value in relation to all commodities. There is such a thing as a general rise of prices. All commodities may rise in their money price. But there can not be a general rise of values. It is a contradiction in terms. A can only rise in value by exchanging... | |
| John Stuart Mill - Economics - 1885 - 626 pages
...by making himself thoroughly familiar. The following is one of the principal. There is such a thing as a general rise of prices. All commodities may rise...contradiction in terms. A can only rise in value by exchanging for_ a greater quantity of В and С ; in which case these must exchange for a smaller quantity of... | |
| John Stuart Mill - Economics - 1887 - 736 pages
...those which originate in itself affect its value in relation to all commodities. There is such a thing as a general rise of prices. All commodities may rise in their money price. But there can not be a general rise of values. It is a contradiction in terms. A can only rise in value by exchanging... | |
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