Principles of Economics, Том 1Macmillan and Company, 1891 - 770 стор. |
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Сторінка xx
... Income . § 1. Gross and Net Income . Money income . Elements of real income not in the form of money are likely to be overlooked . § 2. Net Advantages . The usance of wealth . Interest . Profits on Capital . Earnings of Management ...
... Income . § 1. Gross and Net Income . Money income . Elements of real income not in the form of money are likely to be overlooked . § 2. Net Advantages . The usance of wealth . Interest . Profits on Capital . Earnings of Management ...
Сторінка xxv
... income derived from them is to be regarded as yielding a Quasi - Rent . § 5. But for long periods the supply price is that which is just needed to call forth those new investments of capital , material and personal , which are required ...
... income derived from them is to be regarded as yielding a Quasi - Rent . § 5. But for long periods the supply price is that which is just needed to call forth those new investments of capital , material and personal , which are required ...
Сторінка xxviii
... income earned by natural abilities may be regarded as a rent , when we are considering the sources of the incomes of individuals , but not with reference to the normal earnings of a trade . pp . 604-614 Chapter VI . Demand and Supply in ...
... income earned by natural abilities may be regarded as a rent , when we are considering the sources of the incomes of individuals , but not with reference to the normal earnings of a trade . pp . 604-614 Chapter VI . Demand and Supply in ...
Сторінка xxx
... incomes for present supplies of what it wants . §§ 2 , 3. England's foreign trade in last century increased her command over ... income . §§ 9 , 10. Nature and causes of changes in the earnings of different industrial classes . § 11. The ...
... incomes for present supplies of what it wants . §§ 2 , 3. England's foreign trade in last century increased her command over ... income . §§ 9 , 10. Nature and causes of changes in the earnings of different industrial classes . § 11. The ...
Сторінка 2
... income is hardly less , if it is less , than that exerted by the way in which it is earned . It makes indeed little real difference to the life of a family whether its yearly income is £ 1000 or £ 5000 . But it makes a very great ...
... income is hardly less , if it is less , than that exerted by the way in which it is earned . It makes indeed little real difference to the life of a family whether its yearly income is £ 1000 or £ 5000 . But it makes a very great ...
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Загальні терміни та фрази
action Adam Smith aggregate agricultural amount BOOK BOOK IV capital and labour causes century CHAPTER character chief chiefly classes commodity Consumers consumption cost cultivation demand and supply demand price derived Diminishing Return direct division of labour doctrine dose duction economic science economists England English equal equilibrium evil fact factors of production factory German give Government greater growth habits important income increase individual industry influence instance kind land Law of Diminishing less machinery manufacturing marginal utility marriage material means measure ment modern Monopoly motives nation nature nearly necessary normal partly perhaps person Physiocrats pleasure population Producer's Surplus purchasing Quasi-rent race reason regard rent Ricardo social soil sumers supply curve supply price term theory things tion towns trade true wages wants wealth Wealth of Nations whole
Популярні уривки
Сторінка 541 - The liberal reward of labour, as it encourages the propagation, so it increases the industry of the common people. The wages of labour are the encouragement of industry, which, like every other human quality, improves in proportion to the encouragement it receives. A plentiful subsistence increases the bodily strength of the labourer, and the comfortable hope of bettering his condition, and of ending his days perhaps in ease and plenty, animates him to exert that strength to the utmost.
Сторінка 150 - The elasticity (or responsiveness) of demand in a market is great or small according as the amount demanded increases much or little for a given fall in price, and diminishes much or little for a given rise in price1.
Сторінка 262 - There is no extravagance more prejudicial to the growth of national wealth than that wasteful negligence which allows genius that happens to be born of lowly parentage to expend itself in lowly work.
Сторінка 261 - But a good education confers great indirect benefits even on the ordinary workman. It stimulates his mental activity; it fosters in him a habit of wise inquisitiveness; it makes him more intelligent, more ready, more trustworthy in his ordinary work; it raises the tone of his life in working hours and out of working hours; it is thus an important means toward the production of material wealth...
Сторінка 363 - One tree will last longer in full vigour and attain a greater size than another; but sooner or later age tells on them all.
Сторінка 314 - That the master manufacturer, by dividing the work to be executed into different processes, each requiring different degrees of skill or of force, can purchase exactly that precise quantity of both which is necessary for each process; whereas, if the whole work were executed by one workman, that person must possess sufficient skill to perform the most ~~ difficult, and sufficient strength to execute the most laborious, of the operations into which the art is divided...
Сторінка xxv - ... the study of the causes of poverty is the study of the causes of the degradation of a large part of mankind.
Сторінка ii - Time, which is the centre of the chief difficulty of almost every economic problem, is itself continuous : Nature knows no absolute partition of time into long periods and short ; but the two shade into one another by imperceptible gradations, and what is a short period for one problem, is a long period for another.
Сторінка 320 - The mysteries of the trade become no mysteries; but are as it were in the air, and children learn many of them unconsciously.