The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 38

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Macmillan, 1928
Contains papers that appeal to a broad and global readership in all fields of economics.

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Сторінка 131 - And as time goes on, and practical experience accumulates, it becomes always clearer that neither the reparation problem, nor the other problems depending upon it, will be finally solved until Germany has been given a definite task to perform on her own responsibility, without foreign supervision and without transfer protection.
Сторінка 368 - But our representative firm must be one which has had a fairly long life, and fair success, which is managed with normal ability, and which has normal access to the economies, external and internal, which belong to that aggregate volume of production...
Сторінка 473 - Bank shall issue bank notes up to the amount representing the gold coin and gold bullion for the time being in the issue department, and shall in addition issue bank notes to the amount of two hundred and sixty million pounds in excess of the amount first mentioned in this section, and the issue of notes which the Bank are by or under this Act required or authorised to make in excess of the said first mentioned amount is in this Act referred to as 'the fiduciary note issue.
Сторінка 653 - Commission was appointed in 1926 "to examine and report on the present conditions of agriculture and rural economy in British India and to make recommendations for the improvement of agriculture and the promotion of the welfare and prosperity of the rural population...
Сторінка 526 - ... the final products of industry the division of labour among industries is a vehicle of increasing returns. It is more than a change of form incidental to the full securing of the advantages of capitalistic methods of production — although it is largely that — for it has some advantages of its own which are independent of changes in productive technique. For example, it permits of a higher degree of specialisation in management, and the advantages of such specialisation are doubtless often...
Сторінка 525 - ... this means that the finding of markets is one of the tasks of modern industry it is true. If it means that industry imposes its will upon the market, that whereas formerly the things which were produced were the things which could be sold, now the things which have to be sold are the things that are produced, it is not true. The great change, I imagine, is in the new importance which the potential market has in the planning and management of large industries. The difference between the cost per...
Сторінка 507 - My subject may appear alarmingly formidable, but I did not intend it to be so. The words economic progress, taken by themselves, would suggest the pursuit of some philosophy of history, of some way of appraising the results of past and possible future changes in forms of economic organisation and modes of economic activities. But as I have used them, joined to the other half of my title, they are meant merely to dispel apprehensions, by suggesting that I do not propose to discuss any of those alluring...
Сторінка 511 - ... but seemed in some way to grow out of the nature of things. Improvements, then, were not something to be explained. They were natural phenomena, like the precession of the equinoxes. There were certain important exceptions, however, to this incurious attitude towards what might seem to be one of the most important of all economic problems. Senior's positive doctrine is well known, and there were others who made note of the circumstance that with the growth of population and of markets new opportunities...
Сторінка 525 - ... which side the preponderant influence lies no one can say. At any rate, out of better knowledge of the materials and forces upon which men can lay their hands there come both new ways of producing familiar commodities and new products, and these last have a presumptive claim to be regarded as embodying more economical uses of productive resources than the uses which they displace. Some weight has to be given also to the way in which, with the advance of the scientific spirit, a new kind of interest...
Сторінка 55 - THE social sciences, like the natural sciences, proceed upon the one great premise that the intricate flux of events can in some way be explained. What appear to be arbitrary or capricious happenings can be fitted into a scheme which has no room for anything but dependable uniformity and regularity. Such is the first article of the scientist's creed.

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