Political EconomyD. Appleton, 1888 - 134 Seiten |
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Seite 56
... supply and demand which we shall afterwards consider . Just as goods rise in price when there is little in the market and much is wanted , so the price of men's labour rises when much of any particular kind is wanted and little is to be ...
... supply and demand which we shall afterwards consider . Just as goods rise in price when there is little in the market and much is wanted , so the price of men's labour rises when much of any particular kind is wanted and little is to be ...
Seite 57
... supply and demand as the prices of goods . Anything , then , which affects the numbers of men able and willing to do a particular kind of work , affects the wages of such men . Thus the principal circum- stance governing wages is the ...
... supply and demand as the prices of goods . Anything , then , which affects the numbers of men able and willing to do a particular kind of work , affects the wages of such men . Thus the principal circum- stance governing wages is the ...
Seite 61
... supply and demand , and as long as workmen differ in skill , and strength , and the kind of goods they can produce , there must be differences of demand for their products . Accordingly , there is no more a fair rate of wages than there ...
... supply and demand , and as long as workmen differ in skill , and strength , and the kind of goods they can produce , there must be differences of demand for their products . Accordingly , there is no more a fair rate of wages than there ...
Seite 67
... supply and demand . The employer , generally speaking , is right in getting work done at the lowest possible cost ; and , if there is a supply of labour forth- coming at lower rates of wages , it would not be wise of him to pay higher ...
... supply and demand . The employer , generally speaking , is right in getting work done at the lowest possible cost ; and , if there is a supply of labour forth- coming at lower rates of wages , it would not be wise of him to pay higher ...
Seite 68
... offer more ; but if equally good can be got at the old rate , then it is a proof that the strikers made a mistake . Their wages were as good as the state of trade warranted . It is all a matter of bargain , and of supply and demand ...
... offer more ; but if equally good can be got at the old rate , then it is a proof that the strikers made a mistake . Their wages were as good as the state of trade warranted . It is all a matter of bargain , and of supply and demand ...
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Adam Smith advantage APPLETON arises BALFOUR STEWART banker barristers become beef benefit better bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton deal difficult division of labour doubt earn employed employers employment England exchange factory fallacy farm farmer give gold increase Indirect Taxes invention iron Iron puddlers JAMES JOHONNOT John Smith kind land laws of supply less limited in supply live lockout machinery machines manage means ment metal natural agent paid payment pearls person plenty political economy poor pounds present Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen