The Economic journal, Том 341924 |
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Сторінка 17
... principle which runs through the whole theory of distribution - surely a sufficient honour to content the most ambitious ... Principles , p . 319 n . * See Professor Bullock's most valuable article , " The Variation of Productive Forces ...
... principle which runs through the whole theory of distribution - surely a sufficient honour to content the most ambitious ... Principles , p . 319 n . * See Professor Bullock's most valuable article , " The Variation of Productive Forces ...
Сторінка 23
... Principles , p . 266 . So determined is the Professor to banish these old friends that , disturbed by the apparent theoretical incompatibility of pure competition with the prevalence of decreasing cost at all , he seems to hold ( p ...
... Principles , p . 266 . So determined is the Professor to banish these old friends that , disturbed by the apparent theoretical incompatibility of pure competition with the prevalence of decreasing cost at all , he seems to hold ( p ...
Сторінка 24
... Principles , p . 45 , note . " But in real life the cost of production per unit is deduced from the amount expected to be produced , and not vice versa . Economists commonly follow this practice . " fore , conceive of falling " marginal ...
... Principles , p . 45 , note . " But in real life the cost of production per unit is deduced from the amount expected to be produced , and not vice versa . Economists commonly follow this practice . " fore , conceive of falling " marginal ...
Сторінка 28
... Principles , p . 436. Cf. the note on the following page : if for the purposes of any particular argument we take together the whole expenses of the production on that land , and divide these among the whole of the commodity produced ...
... Principles , p . 436. Cf. the note on the following page : if for the purposes of any particular argument we take together the whole expenses of the production on that land , and divide these among the whole of the commodity produced ...
Сторінка 29
... Principles , p . 375 . 2 A Study of Industrial Fluctuation , pp . 203–205 . * See A Study of Industrial Fluctuation , p . 251 . me , Professor Pigou's contention , and Dr. Clapham's admission 1924 ] 29 THOSE EMPTY BOXES.
... Principles , p . 375 . 2 A Study of Industrial Fluctuation , pp . 203–205 . * See A Study of Industrial Fluctuation , p . 251 . me , Professor Pigou's contention , and Dr. Clapham's admission 1924 ] 29 THOSE EMPTY BOXES.
Загальні терміни та фрази
advantage agricultural allowances amount appears banks British capital cause cent changes commodities considerable continued cost course currency deal demand depends direct discussion economic effect England English exchange existing export fact fall foreign further Germany give given gold Government hand important increase individual industry influence interest issue Italy labour land lectures less limitation London Marshall means measure methods monetary nature necessary notes organisation paid payments period political population position possible practical present Principles problem production Professor profits proposed question reason reference regarded relation Report reserves result rise secure seems shows social society standard statistics suggest supply theory trade United University volume wages whole workers
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Сторінка 536 - Consumption is the sole end and purpose of all production ; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Сторінка 512 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of society, which he has in view. But the study of his own advantage naturally or, rather, necessarily leads him to prefer that employment which is most advantageous to the society.
Сторінка 631 - COMMERCE. 8vo. 10s. net. ELEMENTS OF ECONOMICS OF INDUSTRY. Being the first volume of "Elements of Economics.
Сторінка 518 - ... of carrying it on, until the producers have been educated up to the level of those with whom the processes are traditional. A protecting duty, continued for a reasonable time, will sometimes be the least inconvenient mode in which the nation can tax itself for the support of such an experiment.
Сторінка 342 - engine of analysis . . . machinery of universal application in the discovery of a certain class of truths . . . not a body of concrete truth, but an engine for the discovery of concrete truth.
Сторінка 328 - Thiinen, I was led to attach great importance to the fact that our observations of nature, in the moral as in the physical world relate not so much to aggregate quantities as to increments of quantities, and that in particular the demand for a thing is a continuous function, of which the "marginal" increment is, in stable equilibrium, balanced against the corresponding increment of its cost.
Сторінка 75 - To be attached to the subdivision, to love the little platoon we belong to in society, is the first principle (the germ as it were) of public affections. It is the first link in the series by which we proceed towards a love to our country, and to mankind.
Сторінка 535 - In every country it always is and must be the interest of the great body of the people to buy whatever they want of those who sell it cheapest. The proposition is so very manifest, that it seems ridiculous to take any pains to prove it ; nor could it ever have been called in question, had not the interested sophistry of merchants and manufacturers confounded the common sense of mankind. Their interest is, in this respect, directly opposite to that of the great body of the people.
Сторінка 107 - But there is no more complete fallacy than this. What people call applied science is nothing but the application of pure science to particular classes of problems. It consists of deductions from those general principles, established by reasoning and observation, which constitute pure science. No one can safely make these deductions until he has a firm grasp of the principles ; and he can obtain that grasp only by personal experience of the operations of observation and of reasoning on which they...
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