The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 23,Випуск 89 |
З цієї книги
Сторінка 37
Thus the device of splitting up securities into ordinary , preference , and deferred
shares , & c . , concentrates Uncertainty ( i.e. , “ Risk ” ) on certain classes of
securities , and allows uncertainty to be borne by those who , at any moment , are
...
Thus the device of splitting up securities into ordinary , preference , and deferred
shares , & c . , concentrates Uncertainty ( i.e. , “ Risk ” ) on certain classes of
securities , and allows uncertainty to be borne by those who , at any moment , are
...
Сторінка 39
It is usual to include among the costs of production of capital the trouble involved
in its administration ; but the economies which the market effects in the trouble of
dealing in stocks and shares is already estimated in terms of a reduction of ...
It is usual to include among the costs of production of capital the trouble involved
in its administration ; but the economies which the market effects in the trouble of
dealing in stocks and shares is already estimated in terms of a reduction of ...
Сторінка 44
... of production which , like any other , adds utility to a saleable product ; a utility
of position which facilitates exchange , and in the case of stocks and shares
reduces Financial Insecurity , thereby lowering the cost of production of capital .
... of production which , like any other , adds utility to a saleable product ; a utility
of position which facilitates exchange , and in the case of stocks and shares
reduces Financial Insecurity , thereby lowering the cost of production of capital .
Сторінка 47
First , a group of stocks and shares is not homogeneous , like interchangeable
grades of wheat ; the quantity of any issue is often comparatively small , a
condition which gives greater scope for manipulation , and , by increasing the
risks of ...
First , a group of stocks and shares is not homogeneous , like interchangeable
grades of wheat ; the quantity of any issue is often comparatively small , a
condition which gives greater scope for manipulation , and , by increasing the
risks of ...
Сторінка 48
... months of high wheat prices with the influence of a corresponding period of
inflated prices upon the production of oil shares , it becomes evident that the
influence of speculation is likely to be far greater in the latter than in the former
case .
... months of high wheat prices with the influence of a corresponding period of
inflated prices upon the production of oil shares , it becomes evident that the
influence of speculation is likely to be far greater in the latter than in the former
case .
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The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 1 Повний перегляд - 1891 |
Загальні терміни та фрази
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