The Economic Journal: The Quarterly Journal of the Royal Economic Society, Volume 34Macmillan, 1924 Contains papers that appeal to a broad and global readership in all fields of economics. |
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Página 2
... demand for different kinds of work necessarily stopped , because the normal commercial basis of employment was lost . Instead , we had an attempt on the part of the Government to limit wage changes to bare cost of living advances , and ...
... demand for different kinds of work necessarily stopped , because the normal commercial basis of employment was lost . Instead , we had an attempt on the part of the Government to limit wage changes to bare cost of living advances , and ...
Página 8
... demand for its products continues to grow ; it may be expected , therefore , when trade improves , to resume the advance in wages and con- ditions that the war first accelerated and then checked . The railwaymen have probably achieved a ...
... demand for its products continues to grow ; it may be expected , therefore , when trade improves , to resume the advance in wages and con- ditions that the war first accelerated and then checked . The railwaymen have probably achieved a ...
Página 12
... demand , is equivalent to a reduction in the amount of the labour exerted by the population . The similar diversion of capital is equivalent to a reduction of capital , which is expressed in the present - day Stock Exchange values of ...
... demand , is equivalent to a reduction in the amount of the labour exerted by the population . The similar diversion of capital is equivalent to a reduction of capital , which is expressed in the present - day Stock Exchange values of ...
Página 15
... demand side alone had been operative . In the second place , allowance must be made for the effect of transient influences ( at least one hopes that they are transient ) , like the occupation of the Ruhr , that tend to depress wages in ...
... demand side alone had been operative . In the second place , allowance must be made for the effect of transient influences ( at least one hopes that they are transient ) , like the occupation of the Ruhr , that tend to depress wages in ...
Página 18
... demand schedule can be relied upon to establish a lowered cost in Class ( I ) , while the progress of time , the enterprise of producers and the occur- rence of invention 3 are expected , without necessarily any altera- tion of normal ...
... demand schedule can be relied upon to establish a lowered cost in Class ( I ) , while the progress of time , the enterprise of producers and the occur- rence of invention 3 are expected , without necessarily any altera- tion of normal ...
Outras edições - Ver tudo
The Economic Journal: The Quarterly Journal of the ..., Volume 30,Edição 117 Visualização integral - 1920 |
The Economic Journal: The Quarterly Journal of the ..., Volume 23,Edição 89 Visualização integral - 1913 |
The Economic Journal: The Quarterly Journal of the Royal Economic ..., Volume 21 Visualização integral - 1911 |
Palavras e frases frequentes
A. L. BOWLEY Adam Smith agricultural Alfred Marshall amount Australia average Bank of England bankers British Cambridge capital cause cent changes co-operative Committee commodities cost currency debt deflation demand deposits discussion ECONOMIC JOURNAL economists effect elasticity employers English exchange export fact family allowances favour finance fluctuations foreign Germany gold standard Government Henry Sidgwick important income increase India industry interest J. M. KEYNES Jevons Keynes labour lectures less London Marshall Marshall's ment methods monetary movement notes organisation output payments period Political Economy population pre-war present Principles problem production Prof Professor profits question railways reduced regarded Reichsbank Report reserves result Royal Economic Society Schwiedland social society stabilisation statistics supply tariff taxation theory tion trade unemployment United University volume W. K. Clifford wages workers Zealand
Passagens conhecidas
Página 428 - They are led by an invisible hand to make nearly the same distribution of the necessaries of life, which would have been made, had the earth been divided into equal portions among all its inhabitants, and thus without intending it, without knowing it, advance the interest of the society, and afford the means to the multiplication of the species.
Página 440 - ... of carrying it on, until the producers have been educated up to the level of those with whom the processes are traditional. A protecting duty, continued for a reasonable time, will sometimes be the least inconvenient mode in which the nation can tax itself for the support of such an experiment.
Página 428 - The rich only select from the heap what is most precious and agreeable. They consume little more than the poor.
Página 428 - By preferring the support of domestic to that of foreign industry he intends only his own security; and by directing that industry in such a manner as its produce may be of the greatest value, he intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention.
Página 292 - engine of analysis . . . machinery of universal application in the discovery of a certain class of truths . . . not a body of concrete truth, but an engine for the discovery of concrete truth.
Página 278 - Thiinen, I was led to attach great importance to the fact that our observations of nature, in the moral as in the physical world relate not so much to aggregate quantities as to increments of quantities, and that in particular the demand for a thing is a continuous function, of which the "marginal" increment is, in stable equilibrium, balanced against the corresponding increment of its cost.
Página 53 - To be attached to the subdivision, to love the little platoon we belong to in society, is the first principle (the germ as it were) of public affections. It is the first link in the series by which we proceed towards a love to our country, and to mankind.
Página 279 - The notion of an exact measurement of Consumers' Rent was published by Dupuit in 1844. But his work was forgotten; and the first to publish a clear analysis of the relation of total to marginal (or final) utility in the English language was Jevons in 1871, when he had not read Dupuit. The notion of Consumers...
Página 435 - Every individual is continually exerting himself to find out the most advantageous employment for whatever capital he can command. It is his own advantage, indeed, and not that of the society, which he has in view. But the study of his own advantage naturally, or rather necessarily, leads him to prefer that employment which is most advantageous to the society.
Página 85 - But there is no more complete fallacy than this. What people call applied science is nothing but the application of pure science to particular classes of problems. It consists of deductions from those general principles, established by reasoning and observation, which constitute pure science. No one can safely make these deductions until he has a firm grasp of the principles ; and he can obtain that grasp only by personal experience of the operations of observation and of reasoning on which they...