Papers Relating to Political Economy, Volumen1Royal Economic Society by Macmillan and Company, limited, 1925 - 1221 páginas |
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Página 7
... less familiar and less easily imaged , which is formed by com- bining the conceptions of Jevons and of Ricardo , 3 and deducing the whole system of values and remunerations from the single simple principle that each individual seeks ...
... less familiar and less easily imaged , which is formed by com- bining the conceptions of Jevons and of Ricardo , 3 and deducing the whole system of values and remunerations from the single simple principle that each individual seeks ...
Página 11
... less obvious benefit attending historical researches . To trace the affiliation of ideas in the progress of science is calculated to correct our estimates of authority to reduce in general the extravagant regard which the youthful ...
... less obvious benefit attending historical researches . To trace the affiliation of ideas in the progress of science is calculated to correct our estimates of authority to reduce in general the extravagant regard which the youthful ...
Página 15
... less liable to escape attention when it is fixed by the material conditions of production rather than by the desires of consumers . Conspicuous warning is given to parties in the position of our black men not to attempt to benefit ...
... less liable to escape attention when it is fixed by the material conditions of production rather than by the desires of consumers . Conspicuous warning is given to parties in the position of our black men not to attempt to benefit ...
Página 22
... less in any kind of business ( of the given riskiness ) , large or small , it follows that a return to a dose anywhere invested tends , ceteris paribus , to be the same . This result , which is by no means a deduction 1 Compare II . 78 ...
... less in any kind of business ( of the given riskiness ) , large or small , it follows that a return to a dose anywhere invested tends , ceteris paribus , to be the same . This result , which is by no means a deduction 1 Compare II . 78 ...
Página 30
... less than what he adds to the profits of his employers . The income of the new entrepreneurs also fulfils the law ; for the remuneration of this species of entre- preneur - unlike that of entrepreneurs in general - is proportional to ...
... less than what he adds to the profits of his employers . The income of the new entrepreneurs also fulfils the law ; for the remuneration of this species of entre- preneur - unlike that of entrepreneurs in general - is proportional to ...
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Términos y frases comunes
according Accordingly advantage amount arithmetic mean assigned average bimetallism British Association cent ceteris paribus circulation coinage column commodities compared competition consilience constant consumers consumption corresponding Cournot currency curve definition demand diminishing returns discrimination dose ECONOMIC JOURNAL economists employed entrepreneur epoch equal error exchange-value expression factors of production figure formula geometric mean Giffen's given gold importance Increasing Return increment index-number instance Irving Fisher J. S. Mill Jevons Joint Cost labour law of cost less Marshall mathematical maximum measure median Memorandum method modulus monetary monopolist monopoly objection observations obtained P₁ Political Economy present principle probable profit proportion proposition quantity railway ratio reason reference relative prices represent respect result Sauerbeck's sense species standard statistics supposed symmetallism Table theory tion unit utility value of money variation weighted mean writer
Pasajes populares
Página 25 - However, my lady was very charitable in her own way. She had a charity school for poor children, where they were taught to read and write gratis, and where they were kept well to spinning gratis for my lady in return...
Página 48 - By what a frugal man annually saves, he not only affords maintenance to an additional number of productive hands, for that or the ensuing year, but, like the founder of a public workhouse, he establishes as it were a perpetual fund for the maintenance of an equal number in all times to come.
Página 137 - Among those who would suffer by the new regime there would be [included] ... the abstract economists, who would be deprived of their occupation, the investigation of the conditions which determine value. There would survive only the empirical school, flourishing in a chaos congenial to their mentality.31 We seem, however, to have found another alternative, that of becoming amateur lawyers.
Página 40 - ... of motion — a problem of dynamics. But it would surely be absurd to attempt the more difficult question when the more easy one is yet so imperfectly within our power. It is only as a purely statical problem that I can venture to treat the action of exchange. Holders of commodities will be regarded not as continuously passing on these commodities in streams of trade, but as possessing certain fixed amounts which they exchange until they come to equilibrium.
Página 298 - Edgoworth, which seems conclusive on the subject. 3. Practically the Committee would recommend the use of a weighted index-number of some kind, as, on the whole, commanding more confidence. But they feel bound to point out that the scientific evidence is in favour of the kind of index-number used by Professor Jevons — provided there is a large number of articles — as not insufficient for the purpose in hand. Nothing is more remarkable in the comparisons of the recent index-numbers than the correspondence...
Página 386 - ... things; why should we always say that it is those other things which have varied, and not the corn? That commodity is alone invariable which at all times requires the same sacrifice of toil and labour to produce it.
Página 134 - The chief use of pure mathematics in economic questions seems to be in helping a person to write down quickly, shortly and exactly, some of his thoughts for his own use : and to make sure that he has enough, and only enough, premises for his conclusions (ie that his equations are neither more nor less in number than his unknowns).
Página 291 - ... riches. By the invention of machinery, by improvements in skill, by a better division of labour, or by the discovery of new markets, where more advantageous exchanges may be made, a million of men may produce double or treble the amount of riches, of " necessaries, conveniences, and amusements...
Página 33 - If you were here at my fireside, I should dispute some of your principles. I cannot think that the rent of farms makes any part of the price of the produce, but that the price is determined altogether by the quantity and the demand.
Página 297 - The articles as to which records of prices are obtainable being themselves only a portion of the whole, nearly as good a final result may apparently be arrived at by a selection without bias, according to no better principle than accessibility of record, as by a careful attention to weighting.