Economics for High Schools and AcademiesMacmillan, 1907 - 434 ページ |
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agriculture amount banks became capital carried cause cent clothing commerce competition consumed consumption coöperation corporations demand desire direct taxes distribution division of labor duction economic economic rent employers Engel's Law England enterprises established Étienne Cabet exchange expenditure extent factories farm furnish given gold Hanseatic League Hence Icaria improvement income increase individual industry influence interest investment Knights of Labor labor organizations labor power land large number legal tender limited machinery manufacture marginal utility means ment merchant method modern monopoly nation nature nomic paid payment persons political principle profits proportion protection rate of wages raw material regulation rent social society soil supply supply and demand surplus tariff taxation tendency theory tion towns trade trade unions tribes trust unions United utility wage-fund wants wealth yield
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310 ページ - value," it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys. The one may be called "value in use," the other, "value in exchange.
331 ページ - that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities, being accepted equally without reference to the character or credit of the person who offers it and without the intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge of debts or payment for commodities.
390 ページ - Legislature shall deem it necessary to revise this Constitution, they shall recommend to the electors to vote, at the next general election, for or against a convention...
159 ページ - The person who is creating, either directly or indirectly, a product which is exchangeable in the market, or who is rendering some service to be sought for and paid for, is a producer of wealth or economic goods. According to Mr.
290 ページ - Cabet was the first and greatest pure communist of France, and Icaria the most ideal community ever in practice. Modern Socialism. Saint-Simon was a socialist. He held that individuals should organize themselves into natural associations for the purpose of carrying on production and distribution. The communist believes in equality; the socialist in distributive justice. Saint-Simon held that men were naturally unequal, and that this inequality was the very basis of association and an indispensable...
332 ページ - ... throughout the community in final discharge of debts and in full payments of commodities ; being accepted equally without reference to the character or credit of the person who offers it, and without the intention of the person who receives it to consume it or enjoy it or apply it to any other use than in turn to tender it to others in discharge of debts, or in payment of commodities.
352 ページ - ... States Government. Depositors are secured on the resources of the bank, including the double liability of stockholders. The banking and currency law of March, 1900, made a few very important changes. Among other things, it provided that the gold dollar consisting of 25.8 grains of gold nine-tenths fine should be the standard unit of value, and all other forms of money issued by the United States should be maintained at parity. It provided for the redemption of the coin certificates of July 14,...
364 ページ - But it is possible that people may devote their energies to industries which yield us a larger return, and import many of those articles in which there is a small difference or no difference between the cost of production in the United States and in the country from which they are imported. It is not here intended to discuss the principle of the development of a variety of resources of a nation and the employment of the capital of a community in different ways for the sake of the development of the...
230 ページ - For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural.