Economics: Principles and ProblemsThomas Y. Crowell Company, 1926 - 799 páginas |
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Página ix
... tion of the volume . He is indebted particularly to Dr. U. G. Weatherly of Indiana University for suggestions on some of the more important chapters of the work . Professor Seba Eldridge of the University of Kansas has read the entire ...
... tion of the volume . He is indebted particularly to Dr. U. G. Weatherly of Indiana University for suggestions on some of the more important chapters of the work . Professor Seba Eldridge of the University of Kansas has read the entire ...
Página xi
... tion - The Significance of Prehistoric Economic Culture The Age of Metal Tools - The Transition to the Machine Age . CHAPTER III THE HISTORICAL BACKGROUND OF ECONOMIC SOCIETY ( Continued ) The Inventions of the Industrial Revolution ...
... tion - The Significance of Prehistoric Economic Culture The Age of Metal Tools - The Transition to the Machine Age . CHAPTER III THE HISTORICAL BACKGROUND OF ECONOMIC SOCIETY ( Continued ) The Inventions of the Industrial Revolution ...
Página xiv
... tion of Farm Land - Transportation of Farm Products - Marketing of Farm Products Agricultural Credit - International Agricultural Rela- tions - Farm Management - Conclusion . WAGES OF LABOR CHAPTER XIX The Nature of Wages - The Wage ...
... tion of Farm Land - Transportation of Farm Products - Marketing of Farm Products Agricultural Credit - International Agricultural Rela- tions - Farm Management - Conclusion . WAGES OF LABOR CHAPTER XIX The Nature of Wages - The Wage ...
Página 2
... tion , in the broadest sense , which permeates economics is that both product and money should be organized to yield the best kind of life to the community . Every economic institution must subject itself to the test of whether it ...
... tion , in the broadest sense , which permeates economics is that both product and money should be organized to yield the best kind of life to the community . Every economic institution must subject itself to the test of whether it ...
Página 5
... tion is the creation of utilities . That is , production is the effort so to shape and control goods that they may have increased capacity to satisfy human wants . For a comprehensive analysis of production , it is neces- sary to take ...
... tion is the creation of utilities . That is , production is the effort so to shape and control goods that they may have increased capacity to satisfy human wants . For a comprehensive analysis of production , it is neces- sary to take ...
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Outras edições - Ver tudo
Economics: Principles and Problems. 2d Ed., Rev. and Reset Lionel Danforth Edie Visualização de excertos - 1932 |
Palavras e frases frequentes
agriculture American amount average balance bank credit business cycle capital cent changes Chapter circulation combination commercial commodities competition consumers consumption coöperation corporation cost currency dollars earnings economic economic rent efficiency employers exchange exports fact factors farm farmer Federal Reserve banks Federal Reserve System fiat money finance fluctuations foreign gold standard important income increase index number individual industry inequalities inflation interest rates investment issue labor labor unions land loans machinery manufacture marginal marginal utility measure ment method modern monopoly movements normal organization output ownership paper money payments pecuniary period population price level principle problem production profit prosperity purchasing power quantity railroads ratio rise savings scarcity securities silver social stability Statistics store of value supply and demand tariff taxation tend theory tion trade unions United utility value theory volume wage wealth workers
Passagens conhecidas
Página 751 - Commission may from time to time designate) will, under honest, efficient and economical management and reasonable expenditures for maintenance of way, structures and equipment, earn an aggregate annual net railway operating income equal, as nearly as may be, to a fair return upon the aggregate value of the railway property of such carriers held for and used in the service of transportation...
Página 146 - ... 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. Nor is it always the worse for the society that it was no part of it. By pursuing his own interest, he frequently promotes that of the society more effectually than when he really intends to promote it.
Página 716 - The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state.
Página 730 - Gross income" includes gains, profits, and income derived from salaries, wages, or compensation for personal service, of whatever kind and in whatever form paid, or from professions, vocations, trades, businesses, commerce, or sales, or dealings in property, whether real or personal, growing out of the ownership or use of or interest in such property...
Página 146 - 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 146 - 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 289 - The new rich of the nineteenth century were not brought up to large expenditures, and preferred the power which investment gave them to the pleasures of immediate consumption. In fact, it was precisely the inequality of the distribution of wealth...
Página 351 - 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 387 - The scale of wages paid for similar kinds of work in other industries; (2) The relation between wages and the cost of living...
Página 353 - What, therefore, the wage-labourer appropriates by means of his labour, merely suffices to prolong and reproduce a bare existence. We by no means intend to abolish this personal appropriation of the products of...