Political EconomyAmerican Book Company, 1917 - 134 Seiten |
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Seite 21
... spend all his wages when trade is brisk , because he will want some of it much more when trade becomes slack , and he is out of employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be ...
... spend all his wages when trade is brisk , because he will want some of it much more when trade becomes slack , and he is out of employment . Similarly , that which is spent in early life upon mere luxuries and frivolities , might be ...
Seite 22
William Stanley Jevons. uncommon to hear people say that they ought to spend money freely in order to encourage trade . If every person were to save his money instead of spend- ing it , trade , they think , would languish and workmen ...
William Stanley Jevons. uncommon to hear people say that they ought to spend money freely in order to encourage trade . If every person were to save his money instead of spend- ing it , trade , they think , would languish and workmen ...
Seite 119
... spend on luxuries , and the demand for other goods decreases ; trade in general becomes depressed ; many people find them- selves paupers , or spend their savings accumulated during previous years . Such a state of depression may ...
... spend on luxuries , and the demand for other goods decreases ; trade in general becomes depressed ; many people find them- selves paupers , or spend their savings accumulated during previous years . Such a state of depression may ...
Inhalt
INTRODUCTION | 7 |
UTILITY | 17 |
PRODUCTION OF WEALTH | 24 |
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Adam Smith American Book Company arises BALFOUR STEWART banker become beef better Brander Matthews bubble called capitalist carry cent cheaply circulating capital Cloth coal coins collapse commodity Company Cincinnati Chicago corn cost cotton division of labour earn employed employers employment England exchange factory farm farmer give gold increase Indirect Taxes invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage means ment metal natural agent paid payment pearls person plenty political economy poor pounds Primer produce profits quantity railways rate of interest rate of wages receive rent requisites of production rich sell sent prepaid shares shillings silver sometimes spend strike supply and demand tenant things trade trades-unions usually utility valuable wealth wine workmen York American