The Trend of EconomicsF.S. Crofts, 1930 - 556 páginas |
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Página 31
... WELFARE Yet one more phase of the change that is coming over economics may be predicted . In becoming consciously a science of human be- havior economics will lay less stress upon wealth and more stress upon welfare . Welfare will mean ...
... WELFARE Yet one more phase of the change that is coming over economics may be predicted . In becoming consciously a science of human be- havior economics will lay less stress upon wealth and more stress upon welfare . Welfare will mean ...
Página 124
... welfare of his fellows or of theirs to his welfare , have felt it necessary to abandon the pecuniary standard altogether and set up some other measure of economic welfare . Professor Fetter has even gone so far as to advocate ...
... welfare of his fellows or of theirs to his welfare , have felt it necessary to abandon the pecuniary standard altogether and set up some other measure of economic welfare . Professor Fetter has even gone so far as to advocate ...
Página 290
... welfare the surest pro- cedure is to make a clear separation of pure from applied science . Pure science confines itself to accurate description of phenomena ; it explains what is and how it works and what are its effects , but it does ...
... welfare the surest pro- cedure is to make a clear separation of pure from applied science . Pure science confines itself to accurate description of phenomena ; it explains what is and how it works and what are its effects , but it does ...
Índice
THE PROSPECTS OF ECONOMICS by WESLEY CLAIR MITCHELL | 3 |
The Past | 4 |
The Future | 18 |
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Palavras e frases frequentes
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