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Everybody's Guide to Money
Matters - William
Cotton
Many banks provide and require their
customers to use "paying-in slips," that is, printed forms
specifying the payments made to the bank under the head of
cheques, notes, gold, and silver. A form is handed in with each
payment, and the initials of the cashier placed against the
amount noted on the counterfoil, which is retained by the
customer.
Modern Economic Problems
- Frank Albert Fetter
Property means ownership, and “ownership”
is the abstract noun expressing the quality of possessing a
thing. Correspondingly, “owner” is the Anglo-Saxon equivalent
of “proprietor.” Property thus, fundamentally, means not an
object held, or possessed, but the right in or belonging to a
person to control something that he owns. Ownership is a legal
right to control under certain conditions.[2] Physical,
possession of an object is not necessarily
ownership.
Problems of Poverty - John A. Hobson
The first condition of
“sweating” is an abundant and excessive supply of
low-skilled and inefficient labour. It needs no parade of
economic reasoning to show that where there are more
persons willing to do a particular kind of work than are
required, the wages for that work, if free competition is
permitted, cannot be more than what is just sufficient to
induce the required number to accept the work. In other
words, where there exists any quantity of unemployed
competitors for low-skilled work, wages, hours of labour,
and other conditions of employment are so regulated, as
to present an attraction which just outweighs the
alternatives open to the unemployed, viz. odd jobs,
stealing, starving, and the poor-house.
Representations on the Subject of
Money - Isaac
Newton
I am humbly of Opinion therefore, that the
Gold Coins should be of the Weight and Fineness expressed in
the Paper hereunto annexed*, and the Silver ones, all in the
printed Proclamation, unless for the Reasons above mentioned,
it should be thought fit to take 2d. from the Value of the
Crusadoes, and add 18 Grains to the Weight of the
Dollars.
Supply and Demand - Hubert D. Henderson
Now the keynote of their practical
conclusions was that Governments were doing immense mischief by
meddling with a great many matters, which they would have done
better to leave alone. In this they were in general agreement
with one another; incidentally—let there be no mistake about
it—they were right. But, as invariably happens in public
controversy, their opinions became crystallized in a compact
formula, or cry, with unduly sweeping implications. This was
the cry of “ laissez-faire.”
An Inquiry Into The Nature And Causes Of The
Wealth Of Nations - Adam
Smith
THE annual labour of every
nation is the fund which originally supplies it with all
the necessaries and conveniences of life which it
annually consumes, and which consist always either in the
immediate produce of that labour, or in what is purchased
with that produce from other nations.
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