Outlines of EconomicsFlood and Vincent, 1893 - 347 páginas |
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Términos y frases comunes
activity Adam Smith advantages amount banks become bimetallism called capital CHAPTER cities civilization classes competition consider consumed consumption coöperation cost cultivation desire distribution dollars duction economic employers England especially exchange exist expenditure extensive fact factors factors of production favor fiat money free land furnish gold guild human important increase individual individual capital industrial INDUSTRIAL REVOLUTION interest investment Knights of Labor labor organizations legal tender legislation less limited luxury manufacture means ment monopoly natural natural monopolies nomic ownership paper money payment person Political Economy possible present principle private enterprise private property production profit protection protectionism question railways regulation rent result satisfy wants saving secure sense silver simply social social capital society supply theory things tion trades unions United utility wage-earners wages wealth workingmen workmen
Pasajes populares
Página 204 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and, fifthly, the probability or improbability of success in them.
Página 244 - That the percentage of outlay for lodging, or rent, and for fuel and light, is invariably the same, whatever the income. Fourth, That as the income increases in amount, the percentage of outlay for "sundries
Página 40 - There were dark patches even in his age, but we now approach a darker period, a period as disastrous and terrible as any through which a nation ever passed ; disastrous and terrible because side by side with a great increase of wealth was seen an enormous increase of pauperism, and production on a vast scale led to a rapid alienation of classes and to the degradation of a large body of producers.
Página 160 - University: (1) Credit furnishes a more perfect and convenient means of payment in large sums and between distant places than the precious metals, saving time and labor. This is effected by means of notes, checks and bills of exchange.
Página 27 - At every considerable house there was a manufactory. Every clothier keeps one horse at least to carry his manufactures to the market ; and every one generally keeps a cow or two or more for his family. By this means the small pieces of enclosed land about each house are occupied, for they scarce sow corn enough to feed their poultry. The houses are full of lusty fellows, some at the dye-vat, some at the looms, others dressing the cloths ; the women and children carding or spinning ; being all employed...
Página 10 - His substance also was seven thousand sheep, and three thousand camels, and five hundred yoke of oxen, and five hundred she asses, and a very great household; so that this man was the greatest of all the men of the East.
Página 191 - I confess to at one time having viewed them suspiciously; but a long study of the history of labor has convinced me that they are not only the best friends of the workman but the best agency for the employer and the public; and that to the extension of these associations political economists and statesmen must look for the solution of some among the most pressing and difficult problems of our times.
Página 27 - ... divided into small enclosures from two acres to six or seven each, seldom more, every three or four pieces of land had an house belonging to them.
Página 50 - Cash-payment is not the sole relation of human beings ; we think, nothing doubting, that it absolves and liquidates all engagements of man.