The Economic journal, Том 341924 |
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Сторінка 21
... interest , p should be such that the additional units of output specifically attributable to the addition of the nth unit of running resources should sell for a price which adequately remunerates that nth unit of running resources . In ...
... interest , p should be such that the additional units of output specifically attributable to the addition of the nth unit of running resources should sell for a price which adequately remunerates that nth unit of running resources . In ...
Сторінка 32
... interest relatively low compared with the rise in prices . On every side there were abundant evidences of prosperity . It was also a period of industrial expansion . Secondary production benefited most by the artificial conditions , and ...
... interest relatively low compared with the rise in prices . On every side there were abundant evidences of prosperity . It was also a period of industrial expansion . Secondary production benefited most by the artificial conditions , and ...
Сторінка 33
... interest burden from 11.5 millions to 18.7 millions . There were many cogent reasons why the States should reduce their loan expenditure , but the State Governments did not apparently consider it politically expedient to reduce their ...
... interest burden from 11.5 millions to 18.7 millions . There were many cogent reasons why the States should reduce their loan expenditure , but the State Governments did not apparently consider it politically expedient to reduce their ...
Сторінка 34
... interest . As pointed out above , the States continued borrowing for public works despite the enormous demands of ... interest . TABLE I State Debts and Production ( £ 1000 ) Index Nos . Debts . Index Nos . Interest . Index Nos . for ...
... interest . As pointed out above , the States continued borrowing for public works despite the enormous demands of ... interest . TABLE I State Debts and Production ( £ 1000 ) Index Nos . Debts . Index Nos . Interest . Index Nos . for ...
Сторінка 35
... interest , and the expansion of bank credits , facilitated thereby , and by ( 3 ) above . 5. The natural psychological factors . 6. The development of secondary industries , and construction of works for them , stimulated by ( a ) the ...
... interest , and the expansion of bank credits , facilitated thereby , and by ( 3 ) above . 5. The natural psychological factors . 6. The development of secondary industries , and construction of works for them , stimulated by ( a ) the ...
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
Популярні уривки
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...
Сторінка 529 - If the spirit of industry be preserved, it may easily be diverted from one branch to another ; and the manufacturers of wool, for instance, be employed in linen, silk, iron, or any other commodities for which there appears to be a demand.