The Place of Science in Modern Civilisation and Other EssaysB.W. Huebsch, 1919 - 509 páginas |
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The Place of Science in Modern Civilisation and Other Essays Thorstein Veblen Vista previa limitada - 2015 |
Términos y frases comunes
Adam Smith animistic Aryan blond business enterprise capital capitalistic causal causal sequence chap character civilised Clark's classical classical economics commonly community's conceived concept conduct course culture discussion distribution doctrine dolicho-blond economic theory economists efficiency elements Europe exigencies expedient factor facts force formulation gain generalisations given ground growth habits of thought hand hedonism hedonistic Hegelian human nature ical immaterial imputed industrial inquiry institutions intangible assets interest investment J. S. Mill knowledge labor labor power less Magdalenian Marx Marxist material equipment matter matter-of-fact means mechanical Mediterranean race ment metaphysical method modern science natural laws nomic normal organisation outcome ownership pecuniary phase phenomena Physiocrats point of view postulates preconception production Professor Schmoller's propensity question race relation scheme Schmoller scientific situation social socialistic speculation spiritual substantial surplus value taken tangible assets technological teleological theoretical things tion tive utility wages wealth
Pasajes populares
Página 114 - 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 114 - 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 132 - The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniences of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.
Página 203 - The value of a thing Is just as much as it will bring," and the later refinements on the theory of value have not set aside this dictum of the ancient authority.
Página 117 - When the price of any commodity is neither more nor less than what is sufficient to pay the rent of the land, the wages of the labour, and the profits of the stock employed in raising, preparing, and bringing it to market, according to their natural rates, the commodity is then sold for what may be called its natural price.
Página 128 - Labour was the first price, the original purchase-money that was paid for all things. It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased...
Página 115 - ... 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.
Página 120 - It cannot then be correct to say with Adam Smith, "that as labour may sometimes purchase a greater and sometimes a smaller quantity of goods, it is their value which varies, not that of the labour which purchases them...
Página 133 - The produce of the earth — all that is derived from its surface by the united application of labour, machinery, and capital, is divided among three classes of the community: namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.
Página 75 - The economic life history of the individual is a cumulative process of adaptation of means to ends that cumulatively change as the process goes on, both the agent and his environment being at any point the outcome of the last process.