< Page:Principles of Political Economy Vol 2.djvu
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contents.
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Page § 4. Examination of the doctrine that an increase of the currency promotes industry83 5. Depreciation of currency a tax on the community, and a fraud on creditors86 6. Examination of some pleas for committing this fraud87 Chapter XIV. Of Excess of Supply. § 1. Can there be an oversupply of commodities generally?92 2. The supply of commodities in general cannot exceed the power of purchase94 3. —never does exceed the inclination to consume95 4. Origin and explanation of the notion of general oversupply97 Chapter XV. Of a Measure of Value. § 1. A Measure of Exchange Value, in what sense possible101 2. A Measure of Cost of Production103 Chapter XVI. Of some Peculiar Cases of Value. § 1. Values of Commodities which have a joint cost of production107 2. Values of the different kinds of agricultural produce110 Chapter XVII. Of International Trade. § 1. Cost of production not the regulator of international values113 2. Interchange of commodities between distant places, determined by differences not in their absolute, but in their comparative, cost of production115 3. The direct benefits of commerce consist in increased efficiency of the productive powers of the world118 4. —not in a vent for exports, nor in the gains of merchants119 5. Indirect benefits of commerce, economical and moral; still greater than the direct121 Chapter XVIII. Of International Values. § 1. The values of imported commodities depend on the terms of international interchange124 2. —which depend on the Equation of International Demand126 3. Influence of cost of carriage on international values131
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