A History of Economic Doctrines from the Time of the Physiocrats to the Present DayHeath, 1915 - 672 страници |
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Страница 360
... supply a scientific precision which it formerly lacked , and by substituting the conception of equilibrium for the causal relation he introduced a new principle into economics which was destined to lead to some important modifications ...
... supply a scientific precision which it formerly lacked , and by substituting the conception of equilibrium for the causal relation he introduced a new principle into economics which was destined to lead to some important modifications ...
Страница 519
... supply , it is equally true that demand and supply are each in their turn determined by the price , so that it is impossible to tell which is cause or which is effect . Stuart Mill had already noted this contradiction , and had ...
... supply , it is equally true that demand and supply are each in their turn determined by the price , so that it is impossible to tell which is cause or which is effect . Stuart Mill had already noted this contradiction , and had ...
Страница 532
... supply curve , on the other hand , is generally convex , because the supply , which only enters upon the scene at a certain point , is very sensible to price movements , going up rapidly with a slight increase in price . Its upward ...
... supply curve , on the other hand , is generally convex , because the supply , which only enters upon the scene at a certain point , is very sensible to price movements , going up rapidly with a slight increase in price . Its upward ...
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Adam Smith agriculture already anarchists association attempt Bakunin Bastiat become Book capital capitalist chap Classical commodity competition conception corn cost of production criticism cultivation demand distribution division of labour doctrine economic economists employed entrepreneur equal exchange existence fact favour Fourier France French German give Government hand human Ibid ideas important increase individual industry influence interest kind land less Liberal liberty Louis Blanc Malthus manufacturers Marx Marxian Marxism matter means merely method Mill moral natural necessary never organisation Phalanstère Physiocrats political economy politique population principle private property profit proprietors Proudhon quantity quasi-contract Quesnay question realised recognise regarded régime rent result revenue Revolution Ricardian Ricardo Rodbertus Saint-Simon Saint-Simonians seems simply Sismondi Smith social socialists society solidarity supply surplus value theory thought tion to-day trade true utility wages Walras Wealth of Nations whole workers writers