Political Economy
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In our eReader you can find the full English version of the book. Read Political Economy Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Political Economy
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The Gold, Silver and Currency in circulation is more than twice the amount in the United States, while the rate of interest charged to the prince or the peasant is about two-thirds less than rules in this country, thus encouraging trade and labor among the middling classes of society. This favorable state of affairs applies to house rent and all the necessaries of life, enab- ling Frenchmen to live at less than one-half the cost paid by Americans.
A distinguished Economist says : " It is the ab...undance of capital that animates to effort, and the low rate of interest is at once the effect and indi- cation of that abundance." Than the view thus presented nothing could be more accurate. Reduc- tion in the rate of interest indicates a growing power of labor over capital, and it follows as necessarily consequent upon increase in the variety of demands for human service. Interest is low in England, France, Germany, Belgium, and Holland ; high in Russia, Turkey, and South America, as well as in the United States.
What to read after Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Ya Pamphlet Collection (Library of Congress) Dlc [from Old Catalog] to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
The Gold, Silver and Currency in circulation is more than twice the amount in the United States, while the rate of interest charged to the prince or the peasant is about two-thirds less than rules in this country, thus encouraging trade and labor among the middling classes of society. This favorable state of affairs applies to house rent and all the necessaries of life, enab- ling Frenchmen to live at less than one-half the cost paid by Americans.
A distinguished Economist says : " It is the ab...undance of capital that animates to effort, and the low rate of interest is at once the effect and indi- cation of that abundance." Than the view thus presented nothing could be more accurate. Reduc- tion in the rate of interest indicates a growing power of labor over capital, and it follows as necessarily consequent upon increase in the variety of demands for human service. Interest is low in England, France, Germany, Belgium, and Holland ; high in Russia, Turkey, and South America, as well as in the United States.
What to read after Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Ya Pamphlet Collection (Library of Congress) Dlc [from Old Catalog] to read onlineMoreLess
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