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1
Handbook
of the History
of Economic Thought: Insights on the ...
Wealth is measured as the amount of profits which can be gained by the active
investment of money capital. A passive balance of trade with one country (e.g.
India) may be due to the import of raw materials. This makes possible the
production ...
2
Economics
of Inflation: A Study
of Currency Depreciation in ...
I have already said that, according to an opinion widely held in Germany, the
passive balance of trade was the first and fundamental cause which during the
war had already provoked the depreciation of the value of the mark in terms of
foreign ...
Costantino Bresciani-Turroni, 2007
3
Economics
of Illusion, The
Her most outstanding economist, David Ricardo, tried to make clear one hundred
and thirty years ago— after the Napoleonic Wars— that it was not lack of goods
or a compulsory passive balance of trade that induced the outflow of gold (as the
...
4
Studies in Russian-American Commerce: 1820 - 1860
Were the ultimate destination of Russian sales considered, then the Russian
government, the French maintained, would realize how much France contributed
to Russia's economy; and what appeared to be a passive balance of trade for ...
5
Good Money, Part 2: The Standard
stating these relations which suggests that short-term lending is made necessary
by, or is in any sense a consequence of, a passive balance of trade—that the
loans are made so to speak with the purpose of covering a deficit in the balance
of ...
F. A. Hayek, Stephen Kresge, 2012
6
Prices and Production and Other Works
... by,or is in any sense a consequence of, a passive balance of trade—that the
loans are made so to speak with the purpose of covering a deficit in the balance
of trade.We shall get a more correct picture if we think of the great majority of the
...
7
Good Money, Part II: Volume Six
of the Collected Works
of ...
stating these relations which suggests that short-term lending is made necessary
by, or is in any sense a consequence of, a passive balance of trade—that the
loans are made so to speak with the purpose of covering a deficit in the balance
of ...
8
The Great Disorder: Politics, Economics, and Society in the ...
... be judged completely differently where there is such a passive balance of trade
than when one uses the previous numbers as a basis. The question of the export
levy and the import bans have to be evaluated upon another basis than before.
India posted a passive balance of trade with the rest of the world, with a deficit
increasing from -15.1 billion euro in 2001 to -54 billion euro in 2006. Likewise,
India's balance of trade with the European Union has posted a moderate deficit
since ...
Alberto Santa Maria, 2009
10
Aspects
of the Pathology
of Money
... remained at 5 per cent from 1915 until July 1922, and the management of that
institution did not believe that a restrictive credit policy would check inflation ; they
believed that the root of all the trouble was the 'passive' balance of trade.
Michael Angelo Heilperin, 1968
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The Keynesian System, the Economics of Illusion
... on the other to a strongly passive balance of trade and payments with ... or a compulsory passive balance of trade that induced the outflow of ... «The Market Oracle, 7월 09»
