The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 23,Випуск 89Macmillan, 1913 |
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Сторінка 38
... speculator performs important services in both these markets ; in the former , for example , he acts in effect as an unpaid underwriter , and may exercise an important influence , sometimes for good , sometimes for evil , upon the ...
... speculator performs important services in both these markets ; in the former , for example , he acts in effect as an unpaid underwriter , and may exercise an important influence , sometimes for good , sometimes for evil , upon the ...
Сторінка 39
... speculator to the organisation which reduces the amount of these two disutilities by facilitating their rapid redistribution among the group of capitalists in accordance with the changing circumstances of its members ; thereby reducing ...
... speculator to the organisation which reduces the amount of these two disutilities by facilitating their rapid redistribution among the group of capitalists in accordance with the changing circumstances of its members ; thereby reducing ...
Сторінка 40
... speculator must be measured by the reduction effected in the cost of carrying goods between persons separated in the one case by space and in the other by time ; and that the product arising from this service of transport consists ...
... speculator must be measured by the reduction effected in the cost of carrying goods between persons separated in the one case by space and in the other by time ; and that the product arising from this service of transport consists ...
Сторінка 41
... speculator for his service in carrying cotton through time . He desires protection against such of these unforeseen changes as arise from fluctuations in the value of cotton , and obtains it by shifting the burden of Uncertainty to the ...
... speculator for his service in carrying cotton through time . He desires protection against such of these unforeseen changes as arise from fluctuations in the value of cotton , and obtains it by shifting the burden of Uncertainty to the ...
Сторінка 42
... speculator can effect in the costs of transport through time depends , first , upon his ability to bear the Uncertainty of which he relieves others ; secondly , upon the extent to which he can reduce its amount by his skill in ...
... speculator can effect in the costs of transport through time depends , first , upon his ability to bear the Uncertainty of which he relieves others ; secondly , upon the extent to which he can reduce its amount by his skill in ...
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The Economic Journal: The Quarterly Journal of the Royal ..., Том 30,Випуск 117 Повний перегляд - 1920 |
Загальні терміни та фрази
ACHILLE LORIA Adam Smith aggregate amount average Bank Board of Trade British Canal capital casual labour cent Committee commodity companies competition considerable consumption cost of production Crown 8vo curve deal demand or supply Dibblee direct dockers économiques economists effect employed employers employment engaged estimate fact German important increase industry Insurance interest J. S. Mill Johannesburg JOHN COLOMB joint-stock Kontraktarbeiter Labour Exchange less Liverpool London marginal utility ment method net output obtained operation organisation output paid persons port Post Office practical principle probably Prof Professor Pigou profit progressive taxation question railway reason reducing regard relation result reviewed Royal Economic Society scheme securities social society speculator speculator's statistics Stock Exchange taxation tion trade union Uncertainty United United Kingdom University utility of income volume W. J. ASHLEY wages waterway whole YVES GUYOT