... Effects Set Forth. In Jevons 1884. Jevons , W. S. 1865 . The Variation of Prices, and the Value of the Currency since 1872. In Jevons 1884. Jevons , W. S. 1869 . The Depreciation of Gold. In Jevons, 1884. Jevons , W. S. [1871] 1879 . The Theory of Political Economy . 3d ed...

... contributions dealing with conservation issues. It has also been connected to his earlier work on depreciation, published in 1925, for using the same kind of mathematical formalism. This article further explores this second research direction on the basis of new archival materials, showing that Hotelling...

... with a detailed, comprehensive understanding of products and the movements of goods, orders, and prices in the global cotton trade. The statistical insights Engels gleaned on matters such as machinery depreciation and reinvestment, his contextualization of capitalism within a unified world market, and his...

... of his pessimism unfounded. 2. NOTATION VARIABLES A depreciation allowances D depreciation MR.BREMS is Professor of Economics at the University of Illinois at Champaign- Orbana. 1. Other mathematizations of Ricardo are mentioned in an appendix...

.... (3) Depreciation-Ricardo views depreciation as the physical wear- ing out of capital. Ricardo takes a ‘sinking fund’ approach to de- preciation expense. Depreciation expense is that amount which when set aside annually by the firm will accumulate to a sum suf- ficient...

... to study a range of economic phenom- ena, such as price trends, depreciating value of the monetary standard, or the cost of living of the working classes (Fisher 1922; Edgeworth 1925). Later in the interwar years, index numbers were used to make inferences about levels of economic activity and estimations...

... of Ricardo's Economic Theory.” History of Political Economy 10 : 193 -212. Ricardo , David . 1810 . The High Price of Bullion: A Proof of the Depreciation of Bank Notes . London (1809). Reprinted in Works and Correspondence of David Ricardo, edited by P. Sraffa, vol. 3 . Cambridge, 1951...

... Exchanges.” Economic Journal 26 : 62 -65. Cassel , G. 1916b . “The Present Situation of the Foreign Exchanges.” Economic Journal 26 : 319 -23. Cassel , G. 1917 . “The Depreciation of Gold.” Economic Journal 27 : 346 -54. Cassel , G. 1918 . “Abnormal Deviations...

... . Brussels: Th. Dewarichet. Lehfeldt, R. A. 1922 . Statistics of Extremely Depreciated Currencies. Economic Journal 31.128 : 557 -650. Lundberg, Erik, ed. 1977 . Inflation Theory and Anti-Inflation Policy . London: Macmillan. Mayer, Thomas. 1959 . The Empirical Significance of the Real...

...~ be the rental paid to its owner for the use of one unit of capital good for one period, Pibe the price of that capital good, and 64 be the fraction of the price oIf (KJ)which must be set aside yearly to pay for the depreciation and insurance of one unit of (I Then, Walras states, “under equi...

... depreciation had resulted from overissue. This was the position taken by the parliamentary committees. The bullionist position was again put forth during the Irish debate by Lord King in his Thoughts on the Restriction of Payments at the Banks of England and Ireland (1803). King’s pamphlet...

... with the Lockean view, and Beaugrand’s neo- mercantilists argued a similar position in Parliament even after Thornton’s empirical judgment changed. In evaluating the Irish depreciation, studied by the 1804 Committee on which Thornton served, and in evaluating the exchange deprecia- tion...

... of mint gold, he observed, had depreci- ated, while demand for bullion had doubled and quadrupled during the late waw8Bullion had to rise in value unless there were new discover- ies or increased production by existing mines .g Successive administra- tions appeared to have ignored...

... discount in the form of higher interest.”8 Thus it was felt that foreign capital would become scarce, and even if it were forthcoming, would cost more. From 1872 onwards, silver depreciation was the main economic problem that confronted the Indian Government, and from time to time...

... sales revenue = 115,000 E= total material and wage expense = 100,000 D= fixed depreciation (as a function of time) = 5,000 I= total net...

... forbidden since 1914. This allowed the krona to depreciate from 2. Proving a first is of course impossible. The statement is intended as a challenge to find other early articulators of the gold standard as a time-consistent rule. In the United Kingdom the key argument for the old parity appears...

... Price.” This “bears the same ratio to the cost of production that the total consumption and depreciation of the community bears to the total production .” Douglas’s intention here seems to have been-anticipating the terminology of the A + B Theorem and ignoring his reference...

... facing most European governments after the war. The problem manifested itself in differential inflation rates and the corre- sponding depreciation of currencies in terms of the dollar, whose link with gold at prewar parity was restored in 1919. A (wholesale) price 3. The adjectives...

... of the societary circulation” that the country could find the “one road to freedom, peace, and harmony” (1868a: 7–8). Third, the maintenance of the greenback monetary standard could promote industrialization because it established a depreciated exchange rate. As explained previously, greenbacks were still...

... parties fortunately were agreed. It seems that Lord Lauderdale has just published a pamphlet, in which he recommends the lowering the standard of our coinage to a level with the depreciated currency, otherwise the present rents cannot be maintained, thus perpetuating upon the monied...