For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

For price is everywhere regulated by the return obtained by this last portion of capital, for which no rent whatever is paid.

The demand for money is regulated entirely by its value, and its value by its quantity.

The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science.

There can be no greater error then in supposing that capital is increased by non-consumption.

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.

If then the prosperity of the commercial classes, will most certainly lead to accumulation of capital, and the encouragement of productive industry; these can by no means be so surely obtained as by a fall in the price of corn.