Economics: Principles and ProblemsThomas Y. Crowell Company, 1926 - 799 páginas |
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Página 98
... less important than its aggregate volume in promoting the well being of society . The happiness and welfare that wealth can give depend as much upon the distribution as upon the absolute quantity of wealth . Gross and 98 Production and ...
... less important than its aggregate volume in promoting the well being of society . The happiness and welfare that wealth can give depend as much upon the distribution as upon the absolute quantity of wealth . Gross and 98 Production and ...
Página 104
... less and less about the merits of any single choice . It is a sheer impossibility for him to have trustworthy knowledge of real values . He snatches scraps of information by hearsay from one person and another . He glimpses the appeals ...
... less and less about the merits of any single choice . It is a sheer impossibility for him to have trustworthy knowledge of real values . He snatches scraps of information by hearsay from one person and another . He glimpses the appeals ...
Página 115
... less and less with each successive in- stallment of the commodity . The satisfaction derived from each unit decreases with each additional unit . To an assumed individual , one pair of shoes is essential , a second is convenient , a ...
... less and less with each successive in- stallment of the commodity . The satisfaction derived from each unit decreases with each additional unit . To an assumed individual , one pair of shoes is essential , a second is convenient , a ...
Página 116
... less unit of the good . Marginal demand is the demand of the least willing buyer for the least desired unit of his stock . The marginal concept is useful in designating the final utility of the last unit of the individual's stock of ...
... less unit of the good . Marginal demand is the demand of the least willing buyer for the least desired unit of his stock . The marginal concept is useful in designating the final utility of the last unit of the individual's stock of ...
Página 121
... less entails the balancing of an hour's extra leisure against an hour's extra income . The election of one alternative costs him the opportunity of the other . The displaced alternative is a joy foregone , a pleasure sacrificed . Cost ...
... less entails the balancing of an hour's extra leisure against an hour's extra income . The election of one alternative costs him the opportunity of the other . The displaced alternative is a joy foregone , a pleasure sacrificed . Cost ...
Índice
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7 | |
22 | |
39 | |
57 | |
79 | |
92 | |
113 | |
388 | |
442 | |
464 | |
493 | |
525 | |
553 | |
579 | |
613 | |
125 | |
144 | |
166 | |
195 | |
221 | |
247 | |
267 | |
287 | |
319 | |
346 | |
362 | |
632 | |
652 | |
664 | |
685 | |
707 | |
725 | |
745 | |
769 | |
780 | |
795 | |
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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...