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activity advantages American amount bank become better called capital cause CHAPTER cities common competition consider consumption coöperation cost course cultivation desire determined distribution dollars economic employers England enterprise equal especially exchange existing expenditure extensive fact factors follows force give gold hand human important included increase individual industrial interest kind labor labor organizations land less limited manufacture means ment monopoly natural necessary notes organizations ownership paid paper money payment person Political possible present principle private property production profit question railways reason receive rent result satisfy saving secure sense silver simply social society standard supply term theory things tion trade United usually utility wages wants wealth York
Сторінка 431 - THE CITIZEN'S LIBRARY OF ECONOMICS, POLITICS AND SOCIOLOGY Under the General Editorship of RICHARD T. ELY, Ph.D., LL.D., Director of the School of Economics and Political Science; Professor of Political Economy at the University of Wisconsin. I2mo. Half leather. $1.25 net, each MONOPOLIES AND TRUSTS. By RICHARD T. ELY, Ph.D., LL.D. " It is admirable. It is the soundest contribution on the subject that has appeared
Сторінка 378 - Occident was discovered, and this gave a new impulse to thought, and within two centuries forced new and strange economic phenomena upon the attention of Europeans. This new world has continued to force new phenomena of an economic nature upon the old world even up to the present year, and has ever been a fruitful cause of economic study. The new course of trade to the East, which followed upon the discovery of the route to India around the Cape of Good Hope by Vasco da Gama in 1498, must be mentioned...
Сторінка 160 - German Cooperative Credit Unions," as follows : "(1) Credit furnishes a more perfect and convenient means of payment in large sums and between distant places than the precious metals, saving time and labor. This is effected by means of notes, checks, and bills of exchange. (2) Credit takes the place of corresponding amounts of gold and silver. This is a saving, as it enables us to employ the precious metals for other useful purposes. (3) Capital is employed more productively. He who possesses capital,...
Сторінка 359 - There is that scattereth, and yet increaseth ; and there is that withholdeth more than is meet, but it tendeth to poverty.
Сторінка 431 - AMERICAN MUNICIPAL PROGRESS. By CHARLES ZUEBLIN, BD, Associate Professor of Sociology in the University of Chicago. IRRIGATION INSTITUTIONS. By ELWOOD MEAD, CE, MS, Chief of Irrigation Investigations, Department of Agriculture. RAILWAY LEGISLATION IN THE UNITED STATES. By BALTHASAR H. MEYER, Ph.D., Professor of Institutes of Commerce, University of Wisconsin. STUDIES IN THE EVOLUTION OF INDUSTRIAL SOCIETY. By RICHARD T. ELY, Ph.D., LL.D., author of " Monopolies and Trusts,
Сторінка 204 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and, fifthly, the probability or improbability of success in them.