The Quarterly Journal of Economics, Volume 2Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe Harvard University, 1888 - Economics Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. |
From inside the book
Results 1-5 of 99
Page 9
... increase in the number of capable business men tends to lower the earnings of management , Mr. Walker going so far as to say that , if the managers of the best grade were numerous , " their earnings , under free com- petition , would ...
... increase in the number of capable business men tends to lower the earnings of management , Mr. Walker going so far as to say that , if the managers of the best grade were numerous , " their earnings , under free com- petition , would ...
Page 16
... increase their wealth , and may therefore be ready to give commodities in return for productive labor , on such terms as to gain by the operation . These , I think , are the ways , and the only ways , by which the right to receive and ...
... increase their wealth , and may therefore be ready to give commodities in return for productive labor , on such terms as to gain by the operation . These , I think , are the ways , and the only ways , by which the right to receive and ...
Page 18
... increase wages by increasing the efficiency of present labor ? Secondly , the theory thus understood would be in conflict with plain fact , because the owners of the stock of finished commodities do not determine how much they shall ...
... increase wages by increasing the efficiency of present labor ? Secondly , the theory thus understood would be in conflict with plain fact , because the owners of the stock of finished commodities do not determine how much they shall ...
Page 25
... increase of product goes , in the first instance , by the very nature of the case , to swell the rev- enues of those who employ laborers . It is not a case for argument as to their right to receive the increase it is a case for noting ...
... increase of product goes , in the first instance , by the very nature of the case , to swell the rev- enues of those who employ laborers . It is not a case for argument as to their right to receive the increase it is a case for noting ...
Page 26
... increased ten per cent . He gives us no clew for tracing this increase beyond the hands of the employing class and into the possession of the laborers . He simply tells us that , if his theory be true , it would pass , all of it and at ...
... increased ten per cent . He gives us no clew for tracing this increase beyond the hands of the employing class and into the possession of the laborers . He simply tells us that , if his theory be true , it would pass , all of it and at ...
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Common terms and phrases
agriculture amount anthracite iron applied association average banks bar iron bill bituminous coal bushels capital census cent charge Commission commodities competition contract cost cotton cultivation demand distribution doctrine duties earnings economic economic equilibrium economic rent economists effect employed employers English enumeration equal establishments existing fact future contracts Gesetzg gold ground rents hand Heft Imperial Insurance Bureau important increase industry iron Jahrb labor land last increment law of rent legislation less loan Macvane manufacture ment nomic occupations operation paid payment perfect competition period persons Political Economy present principle Prof Professor profits protective question railroad rate of interest reduction regard rent of ability rent service reports Russia skill social statistics supply tariff theory tion trade traffic United volume wage-fund wages Walker wealth wheat whole workmen York
Popular passages
Page 167 - Commission, be authorized to charge less for longer than for shorter distances for the transportation of passengers or property ; and the Commission may from time to time prescribe the extent to which such designated common carrier may be relieved from the operation of this section of this act.
Page 432 - Among the delusions which at different periods have possessed themselves of the minds of large masses of the human race, perhaps the most curious — certainly the least creditable — is the modern soi-disant science of political economy, based on the idea that an advantageous code of social action may be determined, irrespectively of the influence of social affection.
Page 433 - Assuming, not that the human being has no skeleton, but that it is all skeleton, it founds an ossifiant theory of progress on this negation of a soul ; and having shown the utmost that may be made of bones, and constructed a number of interesting geometrical figures with death's-heads and humeri, successfully proves the inconvenience of the reappearance of a soul among these corpuscular structures. I do not deny the truth of this theory : I simply deny its applicability to the present phase of the...
Page 44 - The generally accepted doctrine in this country is, as stated by Mr. Benjamin, that a contract for the sale of goods to be delivered at a future day is valid, even though the seller has not the goods, nor any other means of getting them than to go into the market and buy them.
Page 265 - This sum is not regarded as unalterable, for it is augmented by saving, and increases with the progress of wealth ; but it is reasoned upon as at any given moment a predetermined amount.
Page 441 - Government and co-operation are in all things the Laws of Life ; Anarchy and competition the Laws of Death.
Page 420 - The real science of political economy, which has yet to be distinguished from the bastard science, as medicine from witchcraft, and astronomy from astrology, is that which teaches nations to desire and labour for the things that lead to life ; and which teaches them to scorn and destroy the things that lead to destruction.
Page 259 - It is payable at twenty days — when the days are out, we will pay you ; " and those that are not so, they make tell over their money, and make their bags false, on purpose to give cause to retell it, and so spend time.
Page 433 - But the disturbing elements in the social problem are not of the same nature as the constant ones; they alter the essence of the creature under examination the moment they are added; they operate, not mathematically, but chemically, introducing conditions which render all our previous knowledge unavailable.
Page 134 - For sale by all Booksellers. Sent by mail, post-paid, on receipt of price by the Publishers, HOUGHTON, MIFFLIN & CO., BOSTON, MASS.