The Economic Journal: The Quarterly Journal of the Royal Economic Society, Volume 4Macmillan, 1894 - Economics Contains papers that appeal to a broad and global readership in all fields of economics. |
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Common terms and phrases
Adam Smith advantage agricultural amount Austrian school average bank bill bimetallism Brixworth capital cause cent classes coal Colonies commodities competition conclusion considerable consumption cost of production currency decrease demand disutility duty economic equilibrium ECONOMIC JOURNAL economists Edgeworth effect Eight Hours Day employed employers England English exports fact fall farm favour foreign France Germany gold prices Gothenburg Government GUSTAV COHN important income tax increase India industrial interest labour land legislation less London marginal utility measure ment métayage obtained opinion pauperism persons political economy population present principle Prof Professor profits proportion quantity question railway ratio reduced regard rent result revenue Ricardo rupee silver social socialistic society standard statistics supply tariff taxation theory tion Trade Union United United Kingdom utility W. J. ASHLEY wages whole writer
Popular passages
Page 707 - ... 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.
Page 392 - All persons possessing any portion of power ought to be strongly and awfully impressed with an idea that they act in trust ; and that they are to account for their conduct in that trust to the one great master, author, and founder of society.
Page 72 - Wolff.— PEOPLE'S BANKS : a Record of Social and Economic Success. By HENRY W. WOLFF.
Page 392 - But one of the first and most leading principles on which the commonwealth and the laws are consecrated is lest the temporary possessors and life-renters in it, unmindful of what they have received from their ancestors, or of what is due to their posterity, should act as if they were the entire masters...
Page 392 - By this unprincipled facility of changing the state as often and as much and in as many ways as there are floating fancies or fashions, the whole chain and continuity of the commonwealth would be broken. No one generation could link with the other. Men would become little better than the flies of a summer.
Page 384 - But a coward, a man incapable either of defending or of revenging himself, evidently wants one of the most essential parts of the character of a man.
Page 375 - The Joint Standard : a Plain Exposition of Monetary Principles and of the Monetary Controversy. By ELIJAH HELM. Crown 8vo.
Page 639 - Paterson, that the words direct taxes, as used in the Constitution, comprehended only capitation taxes, and taxes on land, and perhaps taxes on personal property by general valuation and assessment of the various descriptions possessed within the several States.
Page 591 - London: and in every other case, if capital freely flowed towards those countries where it could be most profitably employed, there could be no difference in the rate of profit, and no other difference in the real or labour price of commodities, than the additional quantity of labour required to convey them to the various markets where they were to be sold.
Page 147 - The great subverter of Pyrrhonism or the excessive principles of scepticism is action, and employment, and the occupations of common life. These principles may flourish and triumph in the schools ; where it is, indeed, difficult, if not impossible, to refute them. But as soon as they leave the shade, and by the presence of the real objects, which actuate our passions and sentiments, are put in opposition to the more powerful principles of our nature, they vanish like smoke, and leave the most determined...