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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 · Public domain text

240,572 words · about 16 h 51 min to read

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About this edition

The text of 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 comes from Project Gutenberg e-text #66710. It is public domain in the United States. Project Gutenberg’s header and license text are removed, and RedLectern sets the text out for reading on screen; no words of the book are rewritten or summarized. More formats (EPUB, Kindle) · How RedLectern is built

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About this book

Author
Steuart, James, Sir (1712–1780)
Language
English
Subjects
Economics
Length
240,572 words · about 16 h 51 min
Sections
20 reader sections · Table of contents

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Contents (20)
  1. Opening about 1 min
  2. Part II about 11 min
  3. Part I about 1 min
  4. II. Of Banks about 3 min
  5. III. Of Exchange about 1 min
  6. Part IV about 1 min
  7. Book V about 1 min
  8. II. THE PRINCIPLES OF MONEY APPLIED TO TRADE about 2 h 43 min
  9. I. OF THE INTEREST OF MONEY under 1 min
  10. Introduction about 55 min
  11. IV. | OF PUBLIC CREDIT under 1 min
  12. II. OF BANKS about 4 h 5 min
  13. III. OF EXCHANGE about 55 min
  14. IV. OF PUBLIC CREDIT about 3 h 9 min
  15. V. OF TAXES, AND OF THE PROPER APPLICATION OF THEIR AMOUNT under 1 min
  16. Introduction about 2 h 44 min
  17. I. Of the Interest of Money. about 9 min
  18. II. Of Banks. about 32 min
  19. III. Of Exchange. about 7 min
  20. IV. Of Public Credit. about 1 h 16 min

The opening of Part II

The principles of Money applied to trade.

CHAP. I. Consequences of imposing the price of coinage, and the Page duty of seigniorage, upon the coin of a nation, in so far as 1 they affect the price of bullion, and that of all other commodities,

Intricacy of this subject, 2

Recapitulation of some principles, —

The first introduction of coinage must make prices fall 3

Consequences of the exclusive privilege of coining, 4

A wrong balance of trade raises the price of bullion to the 5 value of coin,

And ought to raise proportionally the price of commodities, —

How traders obstruct the operation of this principle, while 6 the balance of trade continues fluctuating,

And how an overturned balance of trade attaches prices to 7 the denominations of coin,

Read on in Part 1 →

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