A History of Economic Doctrines from the Time of the Physiocrats to the Present DayHarrap, 1948 - 800 страници |
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Страница 94
... cost ten years ' labour to learn , than in a month's industry at an ordinary and obvious employment . But it is not easy to find any accurate measure either of hardship or ingenuity.2 A second objection arises when the theory is applied ...
... cost ten years ' labour to learn , than in a month's industry at an ordinary and obvious employment . But it is not easy to find any accurate measure either of hardship or ingenuity.2 A second objection arises when the theory is applied ...
Страница 96
... cost of production theory prevailed , and the natural price of commodities is taken to mean that price which coincides with their cost of production . As to market price , he makes the remark that it is higher or lower than the natural ...
... cost of production theory prevailed , and the natural price of commodities is taken to mean that price which coincides with their cost of production . As to market price , he makes the remark that it is higher or lower than the natural ...
Страница 250
... cost of production . Products ought to be sold for what they cost ; the net price is the only just price . But profit is not merely an injustice , it is a perpetual menace . Economic crises resulting from over - production , or rather ...
... cost of production . Products ought to be sold for what they cost ; the net price is the only just price . But profit is not merely an injustice , it is a perpetual menace . Economic crises resulting from over - production , or rather ...
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Adam Smith agriculture already bank Bastiat become Book Cannan capital capitalist century chapter Classical commodities competition conception consumers cost crises criticism demand distribution division of labour doctrine economic economists employed England English entrepreneur equal equilibrium exchange existence exports fact factors of production foreign France French German give gold hand Ibid ideas important income increase individual industry influence interest international trade kind land less Liberal liberty Louis Blanc Malthus manufacturers Marx Marxian Marxism matter means merely method Mill moral movement natural never Ohlin Phalanstère Physiocrats political economy principle private property problem production profit progress proprietors Proudhon quantity quasi-contract question regarded regime rent result revenue Ricardian Ricardo Rodbertus Saint-Simon Saint-Simonians saving says seems simply Sismondi social socialists society solidarity surplus value theory tion to-day wages Walras Wealth of Nations whole workers writers