The Quarterly Journal of Economics, Том 13Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe Harvard University, 1899 Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. |
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Сторінка 4
... discussing subjects that belong to the theories of Exchange and Dis- tribution ; yet at no time would the economist cease to be within the field of Production . He would have to ascertain how much the man's group produces , and what 4 ...
... discussing subjects that belong to the theories of Exchange and Dis- tribution ; yet at no time would the economist cease to be within the field of Production . He would have to ascertain how much the man's group produces , and what 4 ...
Сторінка 5
... discussion of the consuming process . Produc- tion , on the other hand , in the civilized world must go on in an organized way ; and exchange and distribution are involved in the organizing of it . Production includes all of the ...
... discussion of the consuming process . Produc- tion , on the other hand , in the civilized world must go on in an organized way ; and exchange and distribution are involved in the organizing of it . Production includes all of the ...
Сторінка 6
... consuming of it are always subject to the same general conditions . The first natural division of economic science should present the universal laws of wealth . It should discuss the more general laws of 6 QUARTERLY JOURNAL OF ECONOMICS.
... consuming of it are always subject to the same general conditions . The first natural division of economic science should present the universal laws of wealth . It should discuss the more general laws of 6 QUARTERLY JOURNAL OF ECONOMICS.
Сторінка 7
... discuss the more general laws of pro- duction and all the laws of consumption . There is next to be studied a second set of phenomena . They are traceable to a further set of forces ; and these originate in relations between man and man ...
... discuss the more general laws of pro- duction and all the laws of consumption . There is next to be studied a second set of phenomena . They are traceable to a further set of forces ; and these originate in relations between man and man ...
Сторінка 24
... discussion , it seems desirable , even at the risk of repetition , to digress somewhat , in order to consider more fully the probable cost of the works of the Bay State Company of Massachusetts . I make no preten- sions to any exact ...
... discussion , it seems desirable , even at the risk of repetition , to digress somewhat , in order to consider more fully the probable cost of the works of the Bay State Company of Massachusetts . I make no preten- sions to any exact ...
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accumulation Adam Smith Alcan American American Economic Association amount animistic annual banks Bay State Company bills bonds Boston Company Boston United Brookline Company capital census cial classical economists colony commission committee competition Connecticut Colonial corporations cost course currency demand doctrine Econ economic theory economists effect England exchange fact France franchise fund Gesetzg Giard & Brière gold Heft History individual industrial issued Jahrb Journ labor legal tender legislation less London ment method millions movement municipal natural nomic organization pany Paris payment period Ph.D phenomena Physiocrats political preconception present Price 50 cents production Professor profits question railway rate of interest result savers saving savings-bank secured social society standard static statistics teleological tion Trade Unionism Treasury Union Pacific United volume wealth Wealth of Nations workingmen's York
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Сторінка 396 - By preferring the support of domestic to that of foreign industry, he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Сторінка 413 - The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Сторінка 396 - ... led by an invisible hand to promote an end which was no part of his intention. Nor is it always the worse for the society that it was no part of it.
Сторінка 396 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily leads him to prefer that employment which is most advantageous to the society.
Сторінка 402 - When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labour, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.
Сторінка 400 - Whether this propensity be one of those original principles in human nature, of which no further account can be given; or whether, as seems more probable, it be the necessary consequence of the faculties of reason and speech, it belongs not to our present subject to enquire.
Сторінка 409 - But the annual revenue of every society is always precisely equal to the exchangeable value of the whole annual produce of its industry, or rather is precisely the same thing with that exchangeable value.
Сторінка 400 - This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter, and exchange one thing for another.
Сторінка 401 - It cannot then be correct to say with Adam Smith, "that as labour may sometimes purchase a greater and sometimes a smaller quantity of goods, it is their value which varies, not that of the labour which purchases them...