Economics: An Introduction for the General ReaderMacmillan, 1920 - 456 стор. |
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Economics, an Introduction for the General Reader Henry Clay, Sir,Eugene Ewald Agger Попередній перегляд недоступний - 2015 |
Загальні терміни та фрази
Adam Smith amount anticipation bank bill bill of exchange bullion buyers capital cent claim combination commodity compete competition competitors consumers coöperative cost of production custom depends distribution division of labor duction economic organization economic rent economic system efficiency employer enables England expenditure expenses firms fixed fluctuations free enterprise freedom of enterprise give gold Gresham's Law Hence important income increase individual Industrial Revolution influence kind laissez-faire land less limited loan machine machinery manufacture means medium of exchange ment method monopoly output owner paid payment principle profits proportion purchase railway rate of interest rent risks satisfaction secure seigniorage sell sellers shirt social society specialized speculation standard sumer supply and demand tends theory thing tion trade trade union trust United United Kingdom usually utility wages wants wealth welfare woolen workers
Популярні уривки
Сторінка 367 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Сторінка 103 - The only trades which it seems possible for a joint stock company to carry on successfully without an exclusive privilege are those of which all the operations are capable of being reduced to what is called a Routine, or to such a uniformity of method as admits of little or no variation.
Сторінка 334 - Corn is not high because a rent is paid, but a rent is paid because corn is high ; and it has been justly observed that no reduction would take place in the price of corn, although landlords should forego the whole of their rent.
Сторінка 424 - For I know that in me (that is, in my flesh) dwelleth no good thing: for to will is present with me; but how to perform that which is good I find not.
Сторінка 21 - The greatest improvement in the productive powers of labour, and the greater part of the skill, dexterity, and judgment with which it is any where directed, or applied, seem to have been the effects of the division of labour.
Сторінка 356 - All systems either of preference or of restraint, therefore, being thus completely taken away, the obvious and simple system of natural liberty establishes itself of its own accord. Every man, as long as he does not violate the laws of justice, is left perfectly free to pursue his own interest his own way, and to bring both his industry and capital into competition with those of any other man or order of men.
Сторінка 386 - To him that hath shall be given ; and from him that hath not shall be taken away even that which he hath.
Сторінка 248 - But it is not easy to find any accurate measure either of hardship or ingenuity. In exchanging indeed the different productions of different sorts of labour for one another, some allowance is commonly made for both. It is adjusted, however, not by any accurate measure, but by the higgling and bargaining of the market, according to that sort of rough equality which, though not exact, is sufficient for carrying on the business of common life.
Сторінка 317 - And there is no sharp line of division between floating capital and that which has been "sunk" for a special branch of production, nor between new and old investments of capital; each group shades into the other gradually. And thus even the rent of land is seen, not as a thing by itself, but as the leading species of a large genus...
Сторінка 246 - Let us now consider the residue of each of these products; it consists of the same unsubstantial reality in each, a mere congelation of homogeneous human labour, of labour-power expended without regard to the mode of its expenditure.