Political EconomyD. Appleton, 1889 - 134 Seiten |
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Seite 22
... profit he makes thereby . The customers , too , are quite inclined to think the argument a good one , because they enjoy buying new dresses , and other pleasant things . Nevertheless the argument is a bad fallacy . The fact is , that a ...
... profit he makes thereby . The customers , too , are quite inclined to think the argument a good one , because they enjoy buying new dresses , and other pleasant things . Nevertheless the argument is a bad fallacy . The fact is , that a ...
Seite 51
... profit , part of which he uses to live upon . But even this profit consists of more than interest upon his capital . It should include also a payment for his labour in superintending the business . The mana- ger of a factory may seldom ...
... profit , part of which he uses to live upon . But even this profit consists of more than interest upon his capital . It should include also a payment for his labour in superintending the business . The mana- ger of a factory may seldom ...
Seite 52
... profits of the success- ful business balance the losses of the unfortunate ones , so that on the average capitalists will get the interest of capital and the wages of superintendence free from loss . We may say , then , that- profit ...
... profits of the success- ful business balance the losses of the unfortunate ones , so that on the average capitalists will get the interest of capital and the wages of superintendence free from loss . We may say , then , that- profit ...
Seite 53
... profit differ very much , it is true , but this is because the labour of superintendence is different , or because there is greater risk in one trade than another . But the true interest is the same , because capital , be- ing lent in ...
... profit differ very much , it is true , but this is because the labour of superintendence is different , or because there is greater risk in one trade than another . But the true interest is the same , because capital , be- ing lent in ...
Seite 55
... profits may be increased . The result to which we come is , then , that all increase of produce , and cheapening of goods tends to the benefit of the public , and this is the true way in which people are made richer . 44. How ...
... profits may be increased . The result to which we come is , then , that all increase of produce , and cheapening of goods tends to the benefit of the public , and this is the true way in which people are made richer . 44. How ...
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Häufige Begriffe und Wortgruppen
Adam Smith advantage APPLETON arises ASTRONOMY banker barristers become beef benefit better Botany 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 Geology give gold increase Indirect Taxes Introduction price invention iron Iron puddlers John Smith kind land laws of supply less limited in supply lockout machinery machines manage manufactured means ment metal natural agent paid payment pearls person plenty political economy poor Pound Sterling pounds 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