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" As the wages of the labourer are the remuneration of labour, so the profits of the capitalist are properly, according to Mr. Senior's well-chosen expression, the remuneration of abstinence. They are what he gains by forbearing to consume his capital for... "
Principles of Political Economy: With Some of Their Applications to Social ... - Сторінка 495
автори: John Stuart Mill - 1881
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Principles of Political Economy: With Some of Their Applications to Social ...

John Stuart Mill - 1909 - 1076 стор.
...in necessaries or pleasures, or from which by further saving he can add to his wealth. As the wages of the labourer are the remuneration of labour, so...expression, the remuneration of abstinence. They are what ho gains by forbearing to consume his capital for his own uses, arid allowing it to be consumed by...
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Bulletin of the American Economic Association

1911 - 404 стор.
...the wages of the laborer are the remuneration of labor, the profits of the capitalist are the reward of abstinence. They are what he gains by forbearing to consume his capital for his own uses; and for this forbearance he requires a recompense, which is resolvable into three parts: interest, insurance,...
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Capital and Interest: A Critical History of Economical Theory

Eugen von Böhm-Bawerk - 1922 - 502 стор.
...fifteenth chapter of the second book of his Principles, "so the profits of the capitalist are prqperly, according to Mr. Senior's well-chosen expression,...his capital for his own uses, and allowing it to be consumed by productive labourers for their uses. For this forbearance he requires a recompense." And...
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David Ricardo: Critical Assessments, Том 3

John Cunningham Wood - 1991 - 686 стор.
...remuneration of labour ... the profits of the capitalist are ... the remuneration of abstinence . . . what he gains by forbearing to consume his capital for his own uses . . ." (p. 405, our italics). Neither of them clearly saw the relation between the cost of capital...
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David Ricardo: Critical Assessments. Second series

John Cunningham Wood - 1994 - 488 стор.
...Stuart Mill was to incorporate formally the 'abstinence' principle to justify profits: 'As the wages of the labourer are the remuneration of labour, so the profits of the capitalists are properly according to Mr Senior's well-chosen expression, the remuneration for abstinence'....
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The Progressive Assault on Laissez Faire: Robert Hale and the First Law and ...

Barbara H. Fried - 2009 - 350 стор.
...Principles of Political Economy, bk. II, chap. 2, §1; Id., bk. II, chap. 15, §1, at 405, arguing that "the profits of the capitalist are properly, according...well-chosen expression, the remuneration of abstinence," and that (contrary to frequent assumptions) laborers therefore do not have a right to the "whole produce"...
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History of Economic Thought: A Critical Perspective

E. K. Hunt - 2002 - 572 стор.
...his adding-up cost-of-production theory, the effect on his view of profits was obvious: As the wages of the labourer are the remuneration of labour, so...his capital for his own uses, and allowing it to be consumed by productive labourers for their uses. For this forbearance he requires a recompense.47 This...
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Alfred Marshall: Critical Assessments

John Cunningham Wood - 1993 - 642 стор.
...that I try to "compromise between" or "reconcile" divergent schools of thought. ' 8. 'As the wages of the labourer are the remuneration of labour, so...his capital for his own uses, and allowing it to be consumed by productive labourers for their uses. For this forbearance he requires a recompense* (Mill,...
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Principles of Political Economy -

John Stuart Mill - 2006 - 477 стор.
...further saving he can add to his wealth. As the wages of the laborer are the remuneration of labor, so the profits of the capitalist are properly, according...his capital for his own uses, and allowing it to be consumed by productive laborers for their uses. For this forbearance he requires a recompense. Very...
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