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Primary law of value or price

Johnston, Robert Mackenzie 1895 , 'Primary law of value or price' , Papers & Proceedings of the Royal Society of Tasmania , pp. 78-97 .

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Abstract

1. Introductory remarks
2. How does the germ of economic price or value arise ?
3. Qualifications to be admitted
4. The law of rent
5. The law of wages
6. The laws of surplus profit of manufacturer
V. The ratio of demand and supply not the primary law of
economic price
8. Permanence of the ratios of equivalent exchange, weights
of principal commodities in relation to gold, and also
to each other
9. The true law of value or economic price-orbits ; correspond
with equivalent exchange weights
10. The true cause of the recent general decline of prices
11. Decline of prices not due to absolute appreciation of gold
12. Concluding remarks, involving the theory of bimetalism

Item Type: Article
Authors/Creators:Johnston, Robert Mackenzie
Keywords: Royal Society of Tasmania, Van Diemens Land, VDL, Hobart Town, natural sciences, proceedings, records
Journal or Publication Title: Papers & Proceedings of the Royal Society of Tasmania
Collections: Royal Society Collection > Papers & Proceedings of the Royal Society of Tasmania
Additional Information:

In 1843 the Horticultural and Botanical Society of Van Diemen's Land was founded and became the Royal Society of Van Diemen's Land for Horticulture, Botany, and the Advancement of Science in 1844. In 1855 its name changed to Royal Society of Tasmania for Horticulture, Botany, and the Advancement of Science. In 1911 the name was shortened to Royal Society of Tasmania.

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