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" additional quantity of work bestowed on agriculture yields an actually diminished return, and, of course, if each additional quantity of work yields an actually diminished return, the whole of the work bestowed on agriculture in the progress of improvement... "
The Economic Journal: The Quarterly Journal of the Royal Economic Society - Сторінка 357
1911
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Sir Edward West on the Application of Capital to Land, 1815, Том 1,Випуск 3

Sir Edward West - 1903 - 152 стор.
...work bestowed on agriculture, yields an actually diminished re7 turn,* || and of course if each equal additional quantity of work yields an actually diminished...progress of improvement, yields an actually diminished proportionate return. Whereas it is obvious that an equal quantity of work will always fabricate the...
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A History of the Theories of Production and Distribution in English ...

Edwin Cannan - 1903 - 458 стор.
...productive as cultivation advances ' :— ' The additional principle to which I allude is that each equal additional quantity of work bestowed on agriculture...actually diminished return, and, of course, if each equal additional quantity of work yields an actually diminished return, the whole of the work bestowed...
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Economic Annals of the Nineteenth Century, Том 1

William Smart - 1910 - 826 стор.
...continually diminishing," the feature which distinguishes agriculture from manufacture being that "each equal additional quantity of work bestowed on agriculture yields an actually diminished return." Like Eicardo, in the demonstrate which became very familiar shortly afterwards, he follows the < perience...
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Wealth: A Brief Explanation of the Causes of Economic Welfare

Edwin Cannan - 1919 - 314 стор.
...work bestowed upon agriculture yields an actually diminished return, and, of course, if each equal additional quantity of work yields an actually diminished...return, the whole of the work bestowed on agriculture . . . yields an actually diminished proportionate return. Whereas it is obvious that an equal quantity...
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Diminishing Returns in Agriculture, Випуск 284

Francis Lester Patton - 1926 - 114 стор.
...the natural growth of population necessitates more intensive agriculture, and, as a consequence, " The whole of the work bestowed on agriculture in the...progress of improvement yields an actually diminished proportionate return ". 1 The ideas of the other three economists were substantially similar to West's....
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A Review Of Economic Theory

Edwin Cannan - 1964 - 480 стор.
...bestowed on agriculture," he says, " yields an actually diminished return," from which it follows that " the whole of the work bestowed on agriculture in the...progress of improvement yields an actually diminished proportionate return " (p. 6). In every country there are innumerable grades of land, and those that...
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David Ricardo: Critical Assessments. Second series

John Cunningham Wood - 1994 - 424 стор.
...of work bestowed on agriculture, yields an actually diminished return;—and of course if each equal additional quantity of work yields an actually diminished...progress of improvement, yields an actually diminished proportionate return, (p. 6) West has been accused of confusing the 'proportional and incremental law...
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Intermediate Microeconomics: Neoclassical and Factually-oriented Models

Lester O. Bumas - 1999 - 560 стор.
...it increasingly scarce as the employment of labor is increased. As a result, as West stated, “Each additional quantity of work bestowed on agriculture yields an actually diminished return.” Economists point out that were diminishing marginal returns not a fact of life, food for the world...
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