Outlines of EconomicsMacmillan, 1910 - 700 páginas |
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Página v
... persons have taken part in this revision , but a free inter- change of criticism has , it is hoped , resulted in a unified product . Numerous passages , amounting in the aggregate to many pages , have been printed in smaller type . Such ...
... persons have taken part in this revision , but a free inter- change of criticism has , it is hoped , resulted in a unified product . Numerous passages , amounting in the aggregate to many pages , have been printed in smaller type . Such ...
Página 5
... persons that in making man the best possible manufacturing machine they may make him a very poor sort of a man ; that in teaching him to supply his wants very bountifully they may pre- vent his developing and correcting those same wants ...
... persons that in making man the best possible manufacturing machine they may make him a very poor sort of a man ; that in teaching him to supply his wants very bountifully they may pre- vent his developing and correcting those same wants ...
Página 20
... persons . It is to be distinguished from mere possession . The possessor has the use of the thing for the time being , but unless he is at the same time the owner , he is dependent upon the will of another for the use of it . Ownership ...
... persons . It is to be distinguished from mere possession . The possessor has the use of the thing for the time being , but unless he is at the same time the owner , he is dependent upon the will of another for the use of it . Ownership ...
Página 22
... persons might not need the threat of a jail sentence to keep them from stealing . The economic ties which hold men together in industrial society on their legal side are very generally contracts . The organization of an industrial ...
... persons might not need the threat of a jail sentence to keep them from stealing . The economic ties which hold men together in industrial society on their legal side are very generally contracts . The organization of an industrial ...
Página 24
... persons do not acquire much property . Again , we say involuntary servitude , except as punishment for crime , has been abolished , yet men are compelled to work by the threat of eco- nomic distress , in most cases quite as effectively ...
... persons do not acquire much property . Again , we say involuntary servitude , except as punishment for crime , has been abolished , yet men are compelled to work by the threat of eco- nomic distress , in most cases quite as effectively ...
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Términos y frases comunes
agriculture American amount bank reserves banks bimetallism bullion capital Census cent Chap 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 Revolution industry interest investment kinds labor land less loans manufacturing marginal marginal product marginal utility means ment methods modern monopoly municipal natural monopolies nature nomic organization ownership paid payment persons physiocrats population present principle problem profits progressive taxation public expenditures purchase railway regulation rent result revenue secure seigniorage sell social socialist society supply taxation theory things tion to-day trade trades unions union United utility wages wants
Pasajes populares
Página 370 - 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 81 - 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 38 - 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 38 - 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 184 - 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 586 - ... agent of any person, corporation, or syndicate in making such entry, nor in collusion with any person, corporation, or syndicate to give them the benefit of the land entered, or any part thereof, or the timber thereon...
Página 224 - 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 monetary standard.
Página 81 - ... 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 76 - The western States (I speak now from my own observation) stand as it were upon a pivot. The touch of a feather would turn them any way.
Página 114 - 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.