 | John Stuart Mill - Economics - 1849 - 638 pages
...one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...between the quantity demanded and the quantity supplied. But again, the quantity demanded is not a fixed quantity, even at the same time and place ; it varies... | |
 | John Stuart Mill - Economics - 1852 - 672 pages
...precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of & ratio between two things 'not of the same denomination....between the quantity demanded and the quantity supplied. But again, the quantity demanded is not a fixed quantity, even at the same time and place ; it varies... | |
 | John Stuart Mill - Economics - 1866 - 628 pages
...one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...by demand we mean the quantity demanded, and if the * Adam Smith, who introduced the eipression " effectual demand," employed it to denote the demand of... | |
 | John Stuart Mill - Economics - 1870 - 632 pages
...one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...demand and supply is only intelligible if by demand \VG mean the quantity demanded, and if the ratio intended is that between the quantity demanded and... | |
 | Henry Dunning Macleod - Economics - 1872 - 712 pages
...one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...between the quantity demanded and the quantity supplied. But again, the quantity demanded is not a fixed quantity, even at the same time and place ; it varies... | |
 | 1874 - 852 pages
...familiar with Mill's criticism of the expression "a ratio between 'demand and supply.' " He asks, " what ratio can there be between a quantity and a desire, or even a desire combined with a power ? " We venture to think that Mr. Mill lost sight of what is implied in the "demand" as well as "supply."... | |
 | John Elliott Cairnes - Economics - 1874 - 448 pages
...authority of Mr. Mill. Criticising the expression "a ratio between Demand and Supply," Mr. Mill asks, " What ratio can there be between a quantity and a desire, or even a desire combined with a power?" The criticism has been accepted as decisive, as far as I have observed, by all later writers : nevertheless,... | |
 | John Elliott Cairnes - Economics - 1874 - 444 pages
...one who requires clear ideas and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio between things not of the same denomination. What ratio can there be between a quantity and a desire, or even... | |
 | John Stuart Mill - Economics - 1875 - 624 pages
...one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...there be between a quantity and a desire, or even & desire combined with a power? A ratio between demand and supply is only intelligible if by demand... | |
 | Alexander Mackenzie - 1883 - 640 pages
...anyone who requires clear ideas and a perfectly precise impression of them. Some confusion must always attach to a phrase so inappropriate as that of a ratio...quantity and a desire, or even a desire combined with power ? A ratio between demand and supply is only intelligible if by demand we mean the quantity demanded,... | |
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... upon the ratio between the effectual demand, as thus defined, and the supply. " These phrases, however, fail to satisfy any one who requires clear ideas, and a perfectly precise expression of them. Some confusion must always attach to a phrase so... 
