The Economic Journal: The Quarterly Journal of the Royal Economic Society, Том 23,Випуск 89Macmillan, 1913 |
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Результати 6-10 із 18
Сторінка 43
... reducing his costs , but of injuring the machinery which regulates the reward of the factors of production . Society protects itself against exploitation , not by directly allotting similar payments to similar costs , but by providing ...
... reducing his costs , but of injuring the machinery which regulates the reward of the factors of production . Society protects itself against exploitation , not by directly allotting similar payments to similar costs , but by providing ...
Сторінка 44
... reduction of cost is accompanied by an unduly large transfer of wealth to the speculator tends to make him press the ... reducing the cost at which goods are conveyed between persons separated by time . This operation is a process of ...
... reduction of cost is accompanied by an unduly large transfer of wealth to the speculator tends to make him press the ... reducing the cost at which goods are conveyed between persons separated by time . This operation is a process of ...
Сторінка 45
... reducing the costs of the market . The second element consists of the reduction of Uncertainty . As knowledge of the future extends , Uncertainty declines inde- finitely ; at its vanishing point the speculator's service lies entirely in ...
... reducing the costs of the market . The second element consists of the reduction of Uncertainty . As knowledge of the future extends , Uncertainty declines inde- finitely ; at its vanishing point the speculator's service lies entirely in ...
Сторінка 48
... reducing the Uncertainty of the investor . It is not , of course , possible to arrive at any very definite opinion from general reasoning of this kind , but it appears fairly clear that on the Stock Exchange , as contrasted with the ...
... reducing the Uncertainty of the investor . It is not , of course , possible to arrive at any very definite opinion from general reasoning of this kind , but it appears fairly clear that on the Stock Exchange , as contrasted with the ...
Сторінка 50
... reducing the gain to be derived from exclusive know- ledge to the value of its social productivity . To the extent , therefore , that the speculator is in possession of superior ability or monopolised information , his social ...
... reducing the gain to be derived from exclusive know- ledge to the value of its social productivity . To the extent , therefore , that the speculator is in possession of superior ability or monopolised information , his social ...
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The Economic Journal: The Quarterly Journal of the Royal ..., Том 30,Випуск 117 Повний перегляд - 1920 |
Загальні терміни та фрази
ACHILLE LORIA Adam Smith aggregate amount average Bank Board of Trade British Canal capital casual labour cent Committee commodity companies competition considerable consumption cost of production Crown 8vo curve deal demand or supply Dibblee direct dockers économiques economists effect employed employers employment engaged estimate fact German important increase industry Insurance interest J. S. Mill Johannesburg JOHN COLOMB joint-stock Kontraktarbeiter Labour Exchange less Liverpool London marginal utility ment method net output obtained operation organisation output paid persons port Post Office practical principle probably Prof Professor Pigou profit progressive taxation question railway reason reducing regard relation result reviewed Royal Economic Society scheme securities social society speculator speculator's statistics Stock Exchange taxation tion trade union Uncertainty United United Kingdom University utility of income volume W. J. ASHLEY wages waterway whole YVES GUYOT