Introduction to the Study of EconomicsSilver, Burdett, 1908 - 619 sider |
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Vanlige uttrykk og setninger
abstinence acre agriculture amount bank bills of exchange bimetal bimetallism bushels capitalists cause cent changes circulation coinage commercial commodities competition consumers consumption contracts coöperation cost of production debts decrease deposits desire diminishing returns duction economic employers enterprises established expenses exports factor of production factory fall force foreign future future contracts gold and silver gold or silver Gresham's Law important income increase industry investment iron labor and capital land legal tender legal-tender less level of prices limited managers manufactures marginal utility materials ment metallic money mines modities monopolies natural monopolies necessary nomic normal value payment person pig iron Political Economy population possible precious metals present profits purchasing power railroads railway rent result rise sacrifice saving secure seigniorage sell sellers silver bullion silver dollars social sumers supply of money tend tion trade United wages wants wealth wheat
Populære avsnitt
Side 517 - A people among whom there is no habit of spontaneous action for a collective Interest, who look habitually to their Government to command or prompt them In all matters of joint concern, who expect to have everything done for them except what can be made an affair of mere habit and routine, have their faculties only half developed. Their education is defective In one of Its most important branches.
Side 30 - There is much truth in this. The United States lies like a huge page in the history of society. Line by line as we read this continental page from West to East we find the record of social evolution. It begins with the Indian and the hunter; it goes on to tell of the disintegration of savagery by the entrance of the trader, the pathfinder of civilization; we read the annals of the pastoral stage in ranch life; the exploitation of the soil by the raising of unrotated crops of corn and wheat in sparsely...
Side 338 - River, the New York Central, the Erie, the Pennsylvania, and the Baltimore and Ohio roads...
Side 169 - Return may be provisionally worded thus: /''jVn increase in the capital and labour applied in the cultivation of land causes in general a less than proportionate increase in the amount of produce raised, unless it happens to coincide with an improvement in the arts of agriculture.
Side 513 - has freedom to do all that he wills, provided he infringes not the equal freedom of any other...
Side 544 - No public tax, custom or contribution shall be imposed upon, or paid by the people of this state, except by a law for that purpose; and before any law be made for raising it, the purpose for which any tax is to be raised, ought to appear clearly to the legislature to be of more service to the community than the money would be. if not collected, which being well observed, taxes can never be burthens.
Side 557 - Personal property nowhere bears its just proportion of the burdens. And it is precisely in those localities where its extent and importance are the greatest that its assessment is the least. The taxation of personal property is in inverse ratio to its quantity. The more it increases, the less it pays.
Side 517 - It is therefore of supreme importance that all classes of the community, down to the lowest, should have much to do for themselves; that as great a demand should be made upon their intelligence and virtue as it is in any respect equal to ; that the government should not only leave as far as possible to their own faculties the conduct of whatever concerns themselves alone, but should suffer them, or rather encourage them, to manage as many as possible of their joint concerns by voluntary co-operation...
Side 517 - ... great a demand should be made upon their intelligence and virtue as it is in any respect equal to; that the government should not only leave as far as possible to their own faculties the conduct of whatever concerns themselves alone, but should suffer them, or rather encourage them, to manage as many as possible of their joint concerns by voluntary co-operation : since this discussion and management of collective interests is the great school of that public spirit, and the great source of that...
Side 463 - ... who undertakes to perform a task of given difficulty, whether or not the place in which it is to be done is a wholesome and a pleasant one, and whether or not his associates will be such as he cares to have.