The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 35Macmillan, 1925 Contains papers that appeal to a broad and global readership in all fields of economics. |
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The Economic Journal: The Quarterly Journal of the Royal ..., Том 30,Випуск 117 Повний перегляд - 1920 |
The Economic Journal: The Quarterly Journal of the Royal ..., Том 23,Випуск 89 Повний перегляд - 1913 |
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Acworth agricultural amount arable Australia average Bank Bank of England British bureau capital cent commercial Committee commodities considerable cost crop currency curve deal debt demand discussion ECONOMIC JOURNAL economic lag economists effect England English exchange expenditure exports fact farm farmers favour foreign Germany gold exchange standard gold standard Government important income increase index-number India industry interest investment issue J. M. KEYNES Japan Josiah Stamp labour land less loans London ment methods millions mohurs monetary organisation payment period political population present principle problem production Prof Professor profits proposed purchasing power purchasing power parity quantity question railway reduced regard Report result Royal Economic Society Sinking Fund social South Africa statistical supply taxation theory tion trade United University wages wealth wheat workers writer
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Сторінка 200 - Such has hitherto been the rapid progress of that country in wealth, population, and improvement that in the course of little more than a century, perhaps, the produce of American might exceed that of British taxation. The seat of the empire would then naturally remove itself to that part of the empire which contributed most to the general defense and support of the whole.
Сторінка 313 - Pounds seventeen shillings and ninepence per ounce of standard gold ; Provided always, that the said Governor and Company shall in all cases be entitled to require such Gold Bullion to be melted and assayed by Persons approved by the said Governor and Company...
Сторінка 88 - ... habit administrative, the latter are parliamentary. In other words, France and Germany are essentially executive in their governmental systems, while England and America are legislative. Now the executive may design, construct, or operate a railroad; the legislative never can. A country therefore with a weak or unstable executive, or a crude and imperfect Civil Service, should accept with caution results achieved under a government of bureaus.
Сторінка 215 - Everything is for the best in the best of all possible worlds, and meantime, at 105°, one wonders what makes things seem so oddly distant.
Сторінка 379 - I propose to define an 3 index-number as a number adapted by its variations to indicate the increase or decrease of a magnitude not susceptible of accurate measurement.
Сторінка 572 - Different persons should be treated similarly unless they are dissimilar in some relevant respect." (AC Pigou, A Study in Public Finance [London, Macmillan, 1929], p. 9.) 11 If all aspects of equality, including utility or pleasure creation, are included in the definition of "equals...
Сторінка 299 - But one cannot say the same of the Report. Their attitude seems to have been that, since a return to gold was in any case inevitable, it was useless to examine the objections and indiscreet to contemplate the difficulties. Consequently the less said the better (the Report could be printed in extenso in eight pages of the ECONOMIC JOURNAL), and it was wiser to utter a few conservative banalities than to tackle large questions.
Сторінка 301 - ... disturbance it would involve now. It is not an easy question to answer, but it is impossible to act prudently without trying to answer it. The Committee produce no arguments and no figures and content themselves with the conclusion that " we must still be prepared to face a fall in the final price-level here of a significant, though not very large, amount, unless it should happen that a corresponding rise takes place in America.
Сторінка 311 - England, cease to have effect : (2) So long as the preceding subsection remains in force, the Bank of England shall be bound to sell to any person who makes a demand in that behalf at the Head Office of the Bank during the office hours of the Bank, and pays the purchase price in any legal tender, gold bullion at the price of three pounds, seventeen shillings and tenpence halfpenny per ounce troy of gold of the standard of fineness prescribed for gold coin by the Coinage Act, 1870, but only in the...
Сторінка 33 - Diminishing aggregate expenses per unit of product as production increases must be rare, if not altogether lacking, in competitive industry, unless an increase in the size of the representative establishment be taken into account as a natural concomitant of increased production." 2 Fortunately in this matter we enjoy the proverbial advantages of "four eyes " ; considerations which one critic may have overlooked another discerns clearly. " External economies we know,