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 84
Page 11
... receives an excess of wages above unity or nil or no wages , representing the surplus of wealth he creates over and above the amount produced by the lowest grade of laborers . In fact , by changing nec- essary words , a very readable ...
... receives an excess of wages above unity or nil or no wages , representing the surplus of wealth he creates over and above the amount produced by the lowest grade of laborers . In fact , by changing nec- essary words , a very readable ...
Page 14
... receive rents , partly to those who have managed production , but mainly to those who own the capital . The laborers ... receiving wages is a surrender of the right to appear as residual claimants . Putting the same fact in another form ...
... receive rents , partly to those who have managed production , but mainly to those who own the capital . The laborers ... receiving wages is a surrender of the right to appear as residual claimants . Putting the same fact in another form ...
Page 16
... receive ? In other words , what is the law of wages ? Apart from gift , I see but one way by which the laborers may obtain a share . They must induce those who own the commodities to part with them . But the laborers have nothing to ...
... receive ? In other words , what is the law of wages ? Apart from gift , I see but one way by which the laborers may obtain a share . They must induce those who own the commodities to part with them . But the laborers have nothing to ...
Page 17
... received by the laborers for the work of any given week are not at all products of that same week's labor , but of previous labor , and mainly of labor spent long previously . It is stating the same fact from another point of view to ...
... received by the laborers for the work of any given week are not at all products of that same week's labor , but of previous labor , and mainly of labor spent long previously . It is stating the same fact from another point of view to ...
Page 18
... received . People do not themselves consume their whole income derived from rent , interest , and earnings of management , and save only the balance for use in hiring laborers . If they did , there never could be any increase of capital ...
... received . People do not themselves consume their whole income derived from rent , interest , and earnings of management , and save only the balance for use in hiring laborers . If they did , there never could be any increase of capital ...
Contents
2 | |
4 | |
134 | |
134 | |
135 | |
162 | |
188 | |
209 | |
314 | |
315 | |
335 | |
347 | |
349 | |
353 | |
372 | |
377 | |
211 | |
213 | |
218 | |
228 | |
233 | |
244 | |
251 | |
262 | |
263 | |
297 | |
379 | |
383 | |
384 | |
384 | |
385 | |
406 | |
453 | |
483 | |
498 | |
Other editions - View all
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.