The Quarterly Journal of Economics, Том 13Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe Harvard University, 1899 Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. |
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Стр. 3
... wealth . It is contrasted with the method of isolated and independent production . Let a thing stay in one man's hands until it is finished and in use , and pro- duction is not yet socialized . But let it pass from hand to hand in the ...
... wealth . It is contrasted with the method of isolated and independent production . Let a thing stay in one man's hands until it is finished and in use , and pro- duction is not yet socialized . But let it pass from hand to hand in the ...
Стр. 4
... wealth that falls to any producing agent tends , under natural law , to equal the amount that he creates . A man's pay tends to equal the value of the product or fraction of a product that can be specifically im- puted to him . The ...
... wealth that falls to any producing agent tends , under natural law , to equal the amount that he creates . A man's pay tends to equal the value of the product or fraction of a product that can be specifically im- puted to him . The ...
Стр. 6
... wealth . It has the essential marks that analysis detects in the wealth that crowds the shops of the modern city . The man uses capital , and includes in his equipment both the fixed and the circulating varieties of it . His consumption ...
... wealth . It has the essential marks that analysis detects in the wealth that crowds the shops of the modern city . The man uses capital , and includes in his equipment both the fixed and the circulating varieties of it . His consumption ...
Стр. 7
... wealth . It should discuss the more general laws of pro- duction and all the laws of consumption . There is next to be studied a second set of phenomena . They are traceable to a further set of forces ; and these originate in relations ...
... wealth . It should discuss the more general laws of pro- duction and all the laws of consumption . There is next to be studied a second set of phenomena . They are traceable to a further set of forces ; and these originate in relations ...
Стр. 8
... wealth that their industry would yield . Social production can be thought of as static . In such a changeless mode of social industry , distribu- tion , with all that it involves , would take place . Groups would exchange products , and ...
... wealth that their industry would yield . Social production can be thought of as static . In such a changeless mode of social industry , distribu- tion , with all that it involves , would take place . Groups would exchange products , and ...
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accumulation Adam Smith Alcan American American Economic Association amount animistic annual banks Bay State Company bills bonds Boston Company Boston United Brookline Company capital census cial classical economists colony commission committee competition Connecticut Colonial corporations cost course currency demand doctrine Econ economic theory economists effect England exchange fact France franchise fund Gesetzg Giard & Brière gold Heft History individual industrial issued Jahrb Journ labor legal tender legislation less London ment method millions movement municipal natural nomic organization pany Paris payment period Ph.D phenomena Physiocrats political preconception present Price 50 cents production Professor profits question railway rate of interest result savers saving savings-bank secured social society standard static statistics teleological tion Trade Unionism Treasury Union Pacific United volume wealth Wealth of Nations workingmen's York
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Стр. 396 - 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.
Стр. 413 - 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.
Стр. 396 - ... 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.
Стр. 396 - 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.
Стр. 402 - 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.
Стр. 400 - Whether this propensity be one of those original principles in human nature, of which no further account can be given; or whether, as seems more probable, it be the necessary consequence of the faculties of reason and speech, it belongs not to our present subject to enquire.
Стр. 409 - But the annual revenue of every society is always precisely equal to the exchangeable value of the whole annual produce of its industry, or rather is precisely the same thing with that exchangeable value.
Стр. 400 - This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion. It is the necessary, though very slow and gradual consequence of a certain propensity in human nature which has in view no such extensive utility; the propensity to truck, barter, and exchange one thing for another.
Стр. 401 - 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...