Page:Principles of Political Economy Vol 2.djvu/9

 

CONTENTS

OF

THE SECOND VOLUME.

 

1.  

   BOOK III.

    

   EXCHANGE.—(Continued.)

    

   Chapter VII. Of Money.

2. Page

3. § 1.

   Purposes of a Circulating Medium ................................................................................................................................................................................................................................................................................................................................................................................................

   3

4. 2.

   Gold and Silver, why fitted for those purposes ................................................................................................................................................................................................................................................................................................................................................................................................

   5

5. 3.

   Money a mere contrivance for facilitating exchanges, which does not affect the laws of Value ................................................................................................................................................................................................................................................................................................................................................................................................

   8

6.  

   Chapter VIII. Of the Value of Money, as dependent on Demand and Supply.

7. § 1.

   Value of Money, an ambiguous expression ................................................................................................................................................................................................................................................................................................................................................................................................

   11

8. 2.

   The value of money depends, cæteris paribus, on its quantity ................................................................................................................................................................................................................................................................................................................................................................................................

   12

9. 3.

   —together with the rapidity of circulation ................................................................................................................................................................................................................................................................................................................................................................................................

   17

10. 4.

    Explanations and limitations of this principle ................................................................................................................................................................................................................................................................................................................................................................................................

    19

11.  

    Chapter IX. Of the Value of Money, as dependent on Cost of Production.

12. § 1.

    The value of money, in a state of freedom, conforms to the value of the bullion contained in it ................................................................................................................................................................................................................................................................................................................................................................................................

    23

13. 2.

    —which is determined by the cost of production ................................................................................................................................................................................................................................................................................................................................................................................................

    26

14. 3.

    This law, how related to the principle laid down in the preceding chapter ................................................................................................................................................................................................................................................................................................................................................................................................

    28