The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 23,Випуск 89 |
З цієї книги
Сторінка 36
The market for capital consists then of all the machinery lying between those who
save capital and those who use it . But the sense in which the term “ capital ” is
used needs some elucidation , for evidently the money market does not deal in ...
The market for capital consists then of all the machinery lying between those who
save capital and those who use it . But the sense in which the term “ capital ” is
used needs some elucidation , for evidently the money market does not deal in ...
Сторінка 37
The essential function of each part is the conveyance of capital between persons
, but the characteristics of the one shade imperceptibly into those of the other in
adaptation to the varying characters of the groups they serve to connect , and ...
The essential function of each part is the conveyance of capital between persons
, but the characteristics of the one shade imperceptibly into those of the other in
adaptation to the varying characters of the groups they serve to connect , and ...
Сторінка 38
function is that of conveying capital into the hands of those best fitted to use it ; of
bringing together capital and business power , thereby lowering the cost of
production of business undertakings and increasing the national dividend .
function is that of conveying capital into the hands of those best fitted to use it ; of
bringing together capital and business power , thereby lowering the cost of
production of business undertakings and increasing the national dividend .
Сторінка 39
is therefore a real cost in the supply of capital , and the practice of the market
shows it to be a service which commands a definite price . Thus “ overnight "
money is cheaper on the average than the rate on three months bills , and the
rate on ...
is therefore a real cost in the supply of capital , and the practice of the market
shows it to be a service which commands a definite price . Thus “ overnight "
money is cheaper on the average than the rate on three months bills , and the
rate on ...
Сторінка 40
The costs of production of this utility , in the case of the speculator , arise , first ,
from the condition that the carriage of goods through time requires the use of
capital , and therefore a charge for interest ; and , secondly , from the condition
that the ...
The costs of production of this utility , in the case of the speculator , arise , first ,
from the condition that the carriage of goods through time requires the use of
capital , and therefore a charge for interest ; and , secondly , from the condition
that the ...
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The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 1 Повний перегляд - 1891 |
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amount appears average Bank Board British capital casual cent companies considerable contribution cost course curve deal demand direct discussion economic effect employed employers engaged equal estimate Exchange existence fact German give given Government greater houses important income increase individual industry influence Insurance interest labour less limited London marginal material matter means method month nature obtained operation organisation paid period persons Political port possible Post Office practical present principle probably problem production Professor profits question railway reason reducing reference regard relation represent result reviewed scheme securities separate shares social society sources speculator stands statistics Stock successive supply taken taxation things tion trade United University utility volume wages week whole