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 3
... whole of Political Economy into four parts , treating respectively of Produc- tion , Distribution , Exchange , and Consumption . The dif- ficulty with this mode of dividing the science is that it gives parts that are not distinct from ...
... whole of Political Economy into four parts , treating respectively of Produc- tion , Distribution , Exchange , and Consumption . The dif- ficulty with this mode of dividing the science is that it gives parts that are not distinct from ...
Сторінка 4
... whole study of Distribution is , in this light , nothing but a study of Specific Production . It traces the wealth that society as a whole creates backward to the agents that have brought each specific part of it into ex- istence ...
... whole study of Distribution is , in this light , nothing but a study of Specific Production . It traces the wealth that society as a whole creates backward to the agents that have brought each specific part of it into ex- istence ...
Сторінка 7
... whole . Laborers get some of it , capitalists get some , and entrepreneurs get the remainder . Broadly con- ceived , and made to include a description of the system of industrial groups , and of their dealings , the science of Dis ...
... whole . Laborers get some of it , capitalists get some , and entrepreneurs get the remainder . Broadly con- ceived , and made to include a description of the system of industrial groups , and of their dealings , the science of Dis ...
Сторінка 8
... whole would be divided among the sub - groups composing it , and would then , by a further operation , be parted into wages , interest , and profits . We saw that what are called natural standards of val- 8 QUARTERLY JOURNAL OF ECONOMICS.
... whole would be divided among the sub - groups composing it , and would then , by a further operation , be parted into wages , interest , and profits . We saw that what are called natural standards of val- 8 QUARTERLY JOURNAL OF ECONOMICS.
Сторінка 13
... whole science into Production , Distribution , Exchange , and Consumption . Statics and dynamics are blindly commingled in such theories . An adequate treatment of change and progress is needed ; and THE FUTURE OF ECONOMIC THEORY 13.
... whole science into Production , Distribution , Exchange , and Consumption . Statics and dynamics are blindly commingled in such theories . An adequate treatment of change and progress is needed ; and THE FUTURE OF ECONOMIC THEORY 13.
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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...