Outlines of EconomicsMacmillan, 1908 - 700 páginas |
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Página xii
... railway system of the United States , 472 ; Railway competition , 473 ; Pooling and consolidation , 475 ; The movement of rates , 475 ; The level of rates , 477 ; Rela- tive rates , 478 ; Distance , 480 ; Government ownership , 479 ...
... railway system of the United States , 472 ; Railway competition , 473 ; Pooling and consolidation , 475 ; The movement of rates , 475 ; The level of rates , 477 ; Rela- tive rates , 478 ; Distance , 480 ; Government ownership , 479 ...
Página 14
... railway rates , for instance , the economist is not only compelled to pass judgment upon what is just and reasonable , but he discovers upon investigation that by common consent what is fair or reasonable is decided largely upon ...
... railway rates , for instance , the economist is not only compelled to pass judgment upon what is just and reasonable , but he discovers upon investigation that by common consent what is fair or reasonable is decided largely upon ...
Página 17
... railway lowers the price - -- 1 This applies especially to the United States and England so far as transpor- tation is concerned ; it would scarcely hold true of the world as a whole . C of his wheat by a discriminating rate , and again ...
... railway lowers the price - -- 1 This applies especially to the United States and England so far as transpor- tation is concerned ; it would scarcely hold true of the world as a whole . C of his wheat by a discriminating rate , and again ...
Página 19
... railway strike would be felt as a national misfortune . Indeed , this interdependence is international in its scope . Eng- land relies on other nations to send her food in exchange for her manufactured products , and many a German ...
... railway strike would be felt as a national misfortune . Indeed , this interdependence is international in its scope . Eng- land relies on other nations to send her food in exchange for her manufactured products , and many a German ...
Página 22
... railways , the railway presidents were indemnified for the loss of their positions by large payments ; in other words , their offices were looked upon as vested interests . England is the classic land of vested interests . An office in ...
... railways , the railway presidents were indemnified for the loss of their positions by large payments ; in other words , their offices were looked upon as vested interests . England is the classic land of vested interests . An office in ...
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Outlines of Economics Richard Theodore Ely,Thomas Sewall Adams,Max Otto Lorenz Sin vista previa disponible - 2015 |
Términos y frases comunes
agriculture American amount bank reserves banks bimetallism capital Census cent Chap CHAPTER cities coinage coins commercial commodity companies competition consumers consumption coöperation corporation cost debt demand distribution of wealth dollars economic economic rent efficiency employers England entrepreneur exchange expenses of production fact factors farm farmer federal fiat money gold greenbacks important increase individual industrial Industrial Revolution interest investment kind labor land less loans manufacturing marginal marginal product marginal utility means ment methods modern monopoly price municipal natural monopolies nature nomic organization ownership paid payment persons physiocrats population present principle problem profits progressive taxation public expenditures purchase railways regulation rent result revenue secure seigniorage sell social socialist society standard supply taxation theory things tion to-day trade trades unions union United utility wages wants
Pasajes populares
Página 355 - 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 40 - 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 84 - Whereas it is necessary for the support of government, for the discharge of the debts of the United States, and the encouragement and protection of manufactures, that duties be laid on goods, wares, and merchandises imported: Be it enacted, etc.
Página 217 - It is evident that if the opportunity for the free and unlimited coinage of silver at the ratio of 16 to 1 had still existed, there would have been another sudden change in the actual standard of value.
Página 41 - What is the species of domestic industry which his capital can employ, and of which the produce is likely to be of the greatest value, every individual, it is evident, can, in his local situation, judge much better than any statesman or lawgiver can do for him.
Página 187 - Perpetuities and monopolies are contrary to the genius of a free government, and shall never be allowed; nor shall the law of primogeniture or entailments ever be in force in this state.
Página 34 - At every considerable house there was a manufactory. Every clothier keeps one horse at least to carry his manufactures to the market ; and every one generally keeps a cow or two or more for his family. By this means the small pieces of enclosed land about each house are occupied, for they scarce sow corn enough to feed their poultry. The houses are full of lusty fellows, some at the dye-vat, some at the looms, others dressing the cloths ; the women and children carding or spinning ; being all employed...
Página 521 - England, p. 61. should be employed to bring the miller, the brewer, the cotton manufacturer, the packer, and the consumer closer to the farm. If caution and expert knowledge are employed, this can be done without crippling those transportation agencies which have given the American farmer entry to the markets of Europe and the Orient, and which must be preserved in order to prevent too exclusive a reliance upon local demand. A local market as the regular outlet, and a foreign market as a potential...
Página 84 - ... the passage of the Interstate Commerce Act of 1887 and the Sherman Anti-Trust Act of 1890, and for the fervor of the Populist movement of the early nineties.
Página 117 - The things which have the greatest value in use have frequently little or no value in exchange; and on the contrary, those which have the greatest value in exchange have frequently little or no value in use. Nothing is more useful than water: but it will purchase scarce anything; scarce anything can be had in exchange for it.