Die Theorie des Geldes

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Monograph

Identifikator:: 82999274X

URN:: urn:nbn:de:zbw-retromon-86719

Document type:: Monograph

Author:: Hildebrand, Richard http://d-nb.info/gnd/116803169

Title:: Die Theorie des Geldes

Place of publication:: Jena

Publisher:: Fischer

Year of publication:: 1883

Scope:: 1 Online-Ressource (V, 146 S.)

Collection:: Economics Books

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Geld und Kapital. 69 Diese, noch gegenwärtig in den Lehrbüchern der politischen Oekonomie allgemein verbreitete, Anschauung money, u^hich circulates tn any country — is — all dead stock. Il — produces nothing to the country. The judicious opera tions of banking, by substituting paper in the room of a great part of this gold and silver enables the country to convert a great part of this dead stock into active and productive stock, into stock which produces something to the country.** Ricardo, Principles of Political Economy. (Works ed. M« Culloch.) p. 51: ,,capital is that part of the wealth of a country which is employed in production and consists of food, clothing, tools, raw materials, machinery etc. necessary to give effect to labour.** p. 139: ,,/« the form of money this capi tal is productive of no profit^ in the form of materials, ma chinery, and food it would be productive of revenue, and would add to the wealth and ressources of the state.** p, 221: ,,The whole business which the whole community can carry on depends on the yuantity of its capital, that is, of its raw materials, ma chinery, food, vessels etc. employed in production.** „The high price of bullion etc., p. 265: ,,The bank substitutes a currency of no value for one most costly, and enables us to turn the precious metals which though a very necessary part of our capital, yield no revenue, into a capital which will yield one.** J. St. Mill, Principles, p. 34: „.Money is no more synony mous with capital than it is with wealth; money cannot in it self perform any part of the office of capital, since it cun afford no assistance to produe tion. To do this, it must be ex c h anged for other things.** Wilson, Capital, currency, and banking. London 1847, p. 119: ,,Capital, in the broad sense means labour accumulated in such a form as to facilitate future productio n**. p. 146: ,,The

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