The Trend of EconomicsF.S. Crofts, 1930 - 556 páginas |
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Página 18
... institutions upon dis- tribution , and placed his hopes for the future upon institutional changes . But such excursions into institutional economics were not considered to be really a part of economic theory - they were " ap- plications ...
... institutions upon dis- tribution , and placed his hopes for the future upon institutional changes . But such excursions into institutional economics were not considered to be really a part of economic theory - they were " ap- plications ...
Página 26
... institutions . An his- torian it was admitted , might gratify idle curiosity by tracing the tortuous process through which economic organization had reached . its final shape ; but the economic theorist should stick to the serious task ...
... institutions . An his- torian it was admitted , might gratify idle curiosity by tracing the tortuous process through which economic organization had reached . its final shape ; but the economic theorist should stick to the serious task ...
Página 258
... institutional material ; institutions supply much of their content and furnish the machinery by which they work themselves out , more or less quickly and com- pletely , in different actual situations . Institutions may determine the ...
... institutional material ; institutions supply much of their content and furnish the machinery by which they work themselves out , more or less quickly and com- pletely , in different actual situations . Institutions may determine the ...
Índice
THE PROSPECTS OF ECONOMICS by WESLEY CLAIR MITCHELL | 3 |
The Past | 4 |
The Future | 18 |
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Adam Smith Agassiz Alfred Marshall analysis applied assumption behavior business cycle capital cause common competition conception conclusions conscious consumers coöperation cost demand desire differential advantage distribution earnings Econ economic theory economists effect efficiency enterprise ethical fact factors field hedonism human important incentives income increase individual induction industry institutions integral interest involved John Stuart Mill knowledge labor laissez-faire laws less limited logical marginal marginal productivity marginal utility means measure method Michael Faraday motives nature nomic objective opportunity cost organization pecuniary perfect competition phenomena physical Political Economy possible practical prediction present principle probability problem production profits psychology pure quantitative question reason regulation relations Ricardo scientific social society standard statistical supply things tion true truth utility value theory Veblen wages wealth welfare welfare economics workers