Economics: Principles and ProblemsThomas Y. Crowell Company, 1926 - 799 páginas |
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Página 135
... secure a full load , rates must be adjusted to induce shippers to send a large volume of goods . The making of rate schedules is calculated to per- suade shippers to send large enough quantities of goods to make possible a full use of ...
... secure a full load , rates must be adjusted to induce shippers to send a large volume of goods . The making of rate schedules is calculated to per- suade shippers to send large enough quantities of goods to make possible a full use of ...
Página 144
... make as large a money wage as possible . He must , it is true , go through a certain number of perfunctory motions as a laborer in order to secure this money reward . But the test of his prosperity as a worker is 144.
... make as large a money wage as possible . He must , it is true , go through a certain number of perfunctory motions as a laborer in order to secure this money reward . But the test of his prosperity as a worker is 144.
Página 163
... secure the dollars which are in the hands of consumers . De- mand may be viewed as a business demand for consumer dollars . Supply becomes the quantity of money in the hands of buyers . Supply may be viewed as a pecuniary quantity of ...
... secure the dollars which are in the hands of consumers . De- mand may be viewed as a business demand for consumer dollars . Supply becomes the quantity of money in the hands of buyers . Supply may be viewed as a pecuniary quantity of ...
Página 174
... secure the survival of the most efficient concerns through the free action of individual self - interest . Low - cost competitors are anxious to increase their business . They can do so by lowering prices . But when they lower prices ...
... secure the survival of the most efficient concerns through the free action of individual self - interest . Low - cost competitors are anxious to increase their business . They can do so by lowering prices . But when they lower prices ...
Página 182
... secure reasonableness of price it may be necessary to go beyond the mere guarantee of free and fair competi- tion . An evolution of economic and legal opinion in the direction of a demand for reasonableness as well as competitive ...
... secure reasonableness of price it may be necessary to go beyond the mere guarantee of free and fair competi- tion . An evolution of economic and legal opinion in the direction of a demand for reasonableness as well as competitive ...
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795 | |
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...