Political EconomyAmerican Book Company, 1886 - 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 ...
Andere Ausgaben - Alle anzeigen
Häufige Begriffe und Wortgruppen
Adam Smith advantage APPLETON arises BALFOUR STEWART banker become beef benefit better bubble called capitalist carry cent cheaply circulating capital clothes coal coins collapse commodity corn cost cotton difficult division of labour earn employed employers employment England English English Language 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 machinery machines manage means ment metal paid payment pearls peasant person plenty political economy poor pounds Primer produce profits quantity railways rate of interest rate of wages Reader receive rent requisites of production rich sell shares shillings silver slavery sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen
Beliebte Passagen
Seite 59 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and fifthly, the probability or improbability of success in them.
Seite 129 - The tax which each individual is bound to pay ought to be certain, and not arbitrary. The time of payment, the manner of payment, the quantity to be paid, ought all to be clear and plain to the contributor, and to every other person.
Seite 130 - Every tax ought to be levied at the time, or in the manner, in which it is most likely to be convenient for the contributor to pay it.
Seite 34 - ... the invention of a great number of machines which facilitate and abridge labour, and enable one man to do the work of many.
Seite 130 - Every tax ought to be so contrived as both to take out and keep out of the pockets of the people as little as possible over and above what it brings into the public treasury of the State.
Seite 128 - The subjects of every State ought to contribute towards the support of the government, as nearly as possible in proportion to their respective abilities ; that is, in proportion to the revenue they respectively enjoy under the protection of the State .... In the observation or neglect of this maxim, consists what is called the equality 'or inequality of taxation.
Seite 58 - Secondly, the wages of labour vary with the easiness and cheapness, or the difficulty and expense of learning the business. When any expensive machine is erected, the extraordinary work to be performed by it before it is worn out, it must be expected, will replace the capital laid out upon it, with at least the ordinary profits.