A History of Economic Doctrines from the Time of the Physiocrats to the Present DayHarrap, 1948 - 800 страници |
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Страница 172
... hand , the law of diminishing returns causes a continuous rise in the price of necessaries . Between low wages on the one hand and high prices on the other , the worker feels himself crushed as between the hammer and the anvil . Turgot ...
... hand , the law of diminishing returns causes a continuous rise in the price of necessaries . Between low wages on the one hand and high prices on the other , the worker feels himself crushed as between the hammer and the anvil . Turgot ...
Страница 356
... hand Senior succeeds in establishing the claim of interest , he invalidates the claim of most other capital revenues on the other . Let us follow his argument . Cost of production is made up of two elements , labour and abstinence , and ...
... hand Senior succeeds in establishing the claim of interest , he invalidates the claim of most other capital revenues on the other . Let us follow his argument . Cost of production is made up of two elements , labour and abstinence , and ...
Страница 604
... hand , it declares that it has " no distinctive opinions on the marriage question , religion , art , abstract economics , historic evolution , currency , or any other subject than its own special business of practical democracy and ...
... hand , it declares that it has " no distinctive opinions on the marriage question , religion , art , abstract economics , historic evolution , currency , or any other subject than its own special business of practical democracy and ...
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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