The Trend of EconomicsF.S. Crofts, 1930 - 556 páginas |
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Página 100
... labor , but not of labor alone . We must become far better informed and surer of our own intentions before our dealings with the machine can be characterized by that confidence which marks the bargaining of equals . To attain this we ...
... labor , but not of labor alone . We must become far better informed and surer of our own intentions before our dealings with the machine can be characterized by that confidence which marks the bargaining of equals . To attain this we ...
Página 324
... labor's marginal output.1 How promptly and effectively a rise in labor's productivity forces up wages depends upon how completely the de- wages . Although it is difficult to see why labor should receive less than its marginal ...
... labor's marginal output.1 How promptly and effectively a rise in labor's productivity forces up wages depends upon how completely the de- wages . Although it is difficult to see why labor should receive less than its marginal ...
Página 325
... labor is substantially identical with its marginal pro- ductivity , that if labor's output enables employers to pay more , they will be willing , if necessary , to do so , is subject to important qualifi- cations . One important ...
... labor is substantially identical with its marginal pro- ductivity , that if labor's output enables employers to pay more , they will be willing , if necessary , to do so , is subject to important qualifi- cations . One important ...
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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