The Trend of EconomicsA.A. Knopf, 1924 - 556 páginas |
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Página vii
... measure , many of us agreed upon which they were , that ought to be a valuable discovery in the sense that it must certainly lead to a greater concentration of effort upon their solutions . If we further agreed upon the method of vii.
... measure , many of us agreed upon which they were , that ought to be a valuable discovery in the sense that it must certainly lead to a greater concentration of effort upon their solutions . If we further agreed upon the method of vii.
Página ix
... sense it is that , though none of us , I think , has meant to put first in his writing the critical attitude . We were bound , as a part of a tradition , from which we could not separate ourselves if we wished , to consider the work of ...
... sense it is that , though none of us , I think , has meant to put first in his writing the critical attitude . We were bound , as a part of a tradition , from which we could not separate ourselves if we wished , to consider the work of ...
Página 44
... sense . No phenomena are causal ; all phenomena are contingent , and the problem before us is to measure the degree of this contingency which we have seen lies between the zero of independence and the unity of causation . " 1 • The ...
... sense . No phenomena are causal ; all phenomena are contingent , and the problem before us is to measure the degree of this contingency which we have seen lies between the zero of independence and the unity of causation . " 1 • The ...
Página 45
... sense there is no particular difference between knowledge of causes and our general knowledge of the succession of combinations in which the phenom- ena of nature are presented to us or found to occur in experimental inquiry . " The ...
... sense there is no particular difference between knowledge of causes and our general knowledge of the succession of combinations in which the phenom- ena of nature are presented to us or found to occur in experimental inquiry . " The ...
Página 46
... sense of a direct and perfect relationship between phenomena . Association and correlation are the terms which replace causation , as probability and approxi- mation replace the concept of certainty . 3. QUANTITATIVE METHOD AND THE LAWS ...
... sense of a direct and perfect relationship between phenomena . Association and correlation are the terms which replace causation , as probability and approxi- mation replace the concept of certainty . 3. QUANTITATIVE METHOD AND THE LAWS ...
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Palavras e frases frequentes
Adam Smith Agassiz Alfred Marshall Amer analysis applied assumption behavior business cycle capital cause Columbia University competition conception conclusions consciousness consumers coöperation cost deductive demand desire differential advantage distribution Econ economic theory economists effect efficiency ethical experimental economics fact factors field forces hedonism human important income increase individual inductive industry institutions interest Jour knowledge labor laws less limited logical marginal marginal productivity marginal utility marginalists means measure method modern motives natural law nature nomic objective opportunity cost organization output pecuniary perfect competition phenomena Political Economy possible practical present principles probability problems production profits psychology quantitative question reason relations Ricardo scientific scientists social society standard statistical supply theorists things tion true truth University utility value theory wages wealth welfare welfare economics workers
Passagens conhecidas
Página 106 - 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 156 - My desire to escape from trade, which I thought vicious and selfish, and to enter into the service of Science, which I imagined made its pursuers amiable and liberal, induced me at last to take the bold and simple step of writing to Sir H. Davy...
Página 437 - Subduct from any phenomenon such part as is known by previous inductions to be the effect of certain antecedents, and the residue of the phenomenon is the effect of the remaining antecedents.
Página 37 - I often say that when you can measure what you are speaking about and express it in numbers you know something about it; but when you cannot measure it, when you cannot express it in numbers, your knowledge is of a meagre and unsatisfactory kind: it may be the beginning of knowledge, but you have scarcely, in your thoughts, advanced to the stage of science, whatever the matter may be.
Página 6 - The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Página 106 - 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 45 - I repeat that if a cause is an invariable and necessary condition of an event, we can never know certainly whether the cause exists or not. To us, then, a cause is not to be distinguished from the group of positive or negative conditions which, with more or less probability, precede an event.
Página 158 - Without thinking of the effect it might have upon distinguished men of science, or upon the minds of those who, stimulated to exertion, might become distinguished, I do think that a Government should for its own sake honour the men who do honour and service to the country. I refer now to honours only, not to beneficial rewards ; of such honours I think there are none. Knighthoods and baronetcies are sometimes conferred with such intentions, but I think them utterly unfit for that purpose. Instead...
Página 8 - Long indeed before this period, the very low rate of profits will have arrested all accumulation, and almost the whole produce of the country, after paying the labourers, will be the property of the owners of land and the receivers of tithes and taxes.
Página 160 - What is far more important, my love of natural science has been steady and ardent. This pure love has, however, been much aided by the ambition to be esteemed by my fellow naturalists.