 The profit obtained by the owner of capital from its productive employment, whether in his own hands or those of another party, to whom it is lent, is to be viewed in the light of a compensation to him for abstaining for a time from the consumption of...  Principles of Political Economy - Page 146by George Poulett Scrope - 1833 - 457 pagesFull view - About this book
 | Alonzo Potter - Capitalism - 1840 - 332 pages
...only clothing; and famine and want must rapidly cut down the numbers of mankind to the meager hordes that could alone support themselves on such terms....himself as revenue. It has been said time is a mere word—a sound; can do nothing, is nothing ; and can therefore neither have nor give value.* This is... | |
 | Eugen von Böhm-Bawerk - Capital - 1890 - 488 pages
...explicitly declares (p. 146): "The profit obtained by the owner of capital from its productive employment is to be viewed in the light of a compensation to...from the consumption of that portion of his property in personal' gratification." In what follows it must be confessed that he treats the idea as if it... | |
 | Lewis Henry Haney - Economics - 1911 - 598 pages
...limitation of supply as distinguished from cost of production. that the profit of the owner of capital is " a compensation to him for abstaining for a time from...portion of his property on his personal gratification." i However that may be, the development and application of it are his own, and one of his chief claims... | |
 | Judith Blow Williams - Great Britain - 1926 - 572 pages
...of wages. Believes that bargaining will give the laborer a fair share of produce. Defends interest. "The profit obtained by the owner of capital from...the time during which his capital is so engaged." p. 146. Takes into account insurance against risks as affecting interest. Defines rent closely. Opposes... | |
 | 1949 - 1032 pages
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