Elements of Economics of Industry: Being the First Volume of Elements of Economics |
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Page xii
... higher than they are . Rate of profits declines generally as the size of the business in- creases . § 2. Profits are high where the Circulating Capital is large relatively to the Fixed . § 3. The rate of profits on the turnover varies ...
... higher than they are . Rate of profits declines generally as the size of the business in- creases . § 2. Profits are high where the Circulating Capital is large relatively to the Fixed . § 3. The rate of profits on the turnover varies ...
Page 2
... higher faculties . Those who have been called the Residuum of our large towns have little opportunity for friendship ; they know nothing of the decencies and the quiet , and very little even of the unity of family life ; and religion ...
... higher faculties . Those who have been called the Residuum of our large towns have little opportunity for friendship ; they know nothing of the decencies and the quiet , and very little even of the unity of family life ; and religion ...
Page 4
... higher well - being of man has been over- looked ; and it has not received that share of attention which its importance and its difficulty require . Its progress has been hindered also by the fact that many of those conditions of ...
... higher well - being of man has been over- looked ; and it has not received that share of attention which its importance and its difficulty require . Its progress has been hindered also by the fact that many of those conditions of ...
Page 6
... higher than in their dealings with strangers . Thus it is the ties of neighbourhood alone that have been relaxed . The ties of family are far closer and stronger than before ; family affection leads to much more self - sacrifice and ...
... higher than in their dealings with strangers . Thus it is the ties of neighbourhood alone that have been relaxed . The ties of family are far closer and stronger than before ; family affection leads to much more self - sacrifice and ...
Page 24
... higher forms of col- lectivism . But though they wait on it , they may always keep a little in advance of it , promoting the growth of our higher social nature by giving it always some new and higher work to do , some practical ideal ...
... higher forms of col- lectivism . But though they wait on it , they may always keep a little in advance of it , promoting the growth of our higher social nature by giving it always some new and higher work to do , some practical ideal ...
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Common terms and phrases
A. W. VERRALL ability action Adam Smith advantages aggregate agricultural amount artisans average Book capital and labour cause CHAPTER chief chiefly classes College commodity competition consumption cultivation demand and supply derived Diminishing Return dose duction Earnings of Management economic economists effect efficiency employers employés employment England English equal equilibrium evil exert expenses of production factors of production factory Fcap give grade growth higher Illustrated important income increase industry influence instance ISAAC TODHUNTER kind land less lower machinery manufacturer marginal utility material measure ment modern National Dividend nature normal Owens College person population Principles Producer's Surplus Professor purchasing Quasi-rent raise rate of interest rate of profits raw produce regard rent rise sell skilled supply price Surplus tend things tion trade Trinity College true Unions wages wants wealth workers
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