A History of Economic Doctrines from the Time of the Physiocrats to the Present DayD. C. Heath, 1948 - 800 страници |
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Страница 502
... fall in the price will not result in a large increase in the sales . In the case of diamonds a great fall in price may cause a falling off in demand because they have become too cheap . The supply curve , on the other hand , is ...
... fall in the price will not result in a large increase in the sales . In the case of diamonds a great fall in price may cause a falling off in demand because they have become too cheap . The supply curve , on the other hand , is ...
Страница 702
... fall . The greater the previous rise the faster is this fall . When this unavoidable readjustment begins it takes the form of a crisis , but it may last for many years . If , then , the mere alterna- tion of booms and depressions that ...
... fall . The greater the previous rise the faster is this fall . When this unavoidable readjustment begins it takes the form of a crisis , but it may last for many years . If , then , the mere alterna- tion of booms and depressions that ...
Страница 728
... fall in prices . He puts it in the following terms : " Clearly the fact is here overlooked " ( when a fall in prices begins ) that the purchasing power which on this assumption would be reduced in the case of the sellers of the former ...
... fall in prices . He puts it in the following terms : " Clearly the fact is here overlooked " ( when a fall in prices begins ) that the purchasing power which on this assumption would be reduced in the case of the sellers of the former ...
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Adam Smith agriculture already anarchists bank Bastiat become capital capitalist century chapter Classical commodities competition conception consumers consumption cost of production crises criticism demand distribution division of labour doctrine economic economists employed England entrepreneur equal exchange existence exports fact favour foreign France French German give gold Government hand Ibid ideas important income increase individual industry influence interest kind land less Liberal liberty Louis Blanc Malthus manufacturers Marx Marxian Marxism means merely method Mill moral movement natural never Phalanstère Physiocrats political economy politique principle private property problem profit proprietors Proudhon quantity quasi-contract question regarded regime rent result revenue Ricardian Ricardo rise Rodbertus Saint-Simon Saint-Simonians saving seems simply Sismondi social socialists society solidarity supply surplus value theory tion to-day true utility wages Walras Wealth of Nations whole workers writers