The Quarterly Journal of Economics, Volume 9Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe Harvard University, 1895 - Economics Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. |
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Results 1-5 of 76
Page 3
... paid , as : first , stock , or capital , for paying laborers en- gaged in production ; and , second , revenue wherewith to pay servants and dependants . His followers gradually al- lowed the second element to disappear . The numerous ...
... paid , as : first , stock , or capital , for paying laborers en- gaged in production ; and , second , revenue wherewith to pay servants and dependants . His followers gradually al- lowed the second element to disappear . The numerous ...
Page 4
... paid , and reasoned in a manner that implied the ex- istence at any moment of a certain quantum of capital , which , divided among the number of laborers , determined market wages . Ricardo did not undertake to prove the premise from ...
... paid , and reasoned in a manner that implied the ex- istence at any moment of a certain quantum of capital , which , divided among the number of laborers , determined market wages . Ricardo did not undertake to prove the premise from ...
Page 5
... on several grounds . First , the number of laborers paid directly out of the income of consumers is too large to be overlooked ; and Hermann notes with ap- proval that Adam Smith had made " revenue " as THE WAGES - FUND DOCTRINE 5.
... on several grounds . First , the number of laborers paid directly out of the income of consumers is too large to be overlooked ; and Hermann notes with ap- proval that Adam Smith had made " revenue " as THE WAGES - FUND DOCTRINE 5.
Page 6
... paid . Next , the proportion of wages - fund to other capital is not defined in the current statements . This objection had been sporadi- cally presented in England before Hermann made it ; but neither there nor in Hermann's reasoning ...
... paid . Next , the proportion of wages - fund to other capital is not defined in the current statements . This objection had been sporadi- cally presented in England before Hermann made it ; but neither there nor in Hermann's reasoning ...
Page 8
... paid , not in terms of money , but as a stock of commodities in hand , which at any given moment may or may not be regarded as limited or predetermined . But the English writers whom Hermann followed , and criti- cised , usually spoke ...
... paid , not in terms of money , but as a stock of commodities in hand , which at any given moment may or may not be regarded as limited or predetermined . But the English writers whom Hermann followed , and criti- cised , usually spoke ...
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Common terms and phrases
acres Adam Smith administration amount arable assessed Berlin Bledington bonds borrowers capitalist cause cent collector commodities concrete capital consumers corporation cost credit associations cultivation dividends doctrine dollars Domesday Econ economic economists employers existence fact fund furlong German Heft Hermann Hypotheken Hypothekenbank important income tax increase industry intensive margin Journ Kingham Landschaft law of rent legislation less loans Lord Lauderdale marginal marks ment method mortgage banks mortgage loans natural wages no-rent land nomic Oddington paid payment period person Pfandbrief Political Economy present principle production Productivists Professor Clark profits Prussian question railway rate of interest reason rent result revenue Ricardo risk Roscher Sept social surplus tariff tax-payer taxation theory Thünen tion trade true capital United village W. J. ASHLEY wages-fund Walker whole workhouse writers YANTELL
Popular passages
Page 292 - The natural price of labour is that price which is necessary to enable the labourers, one with another, to subsist and to perpetuate their race, without either increase or diminution.
Page 324 - This power to regulate is not a power to destroy, and limitation is not the equivalent of confiscation. Under pretense of regulating fares and freights, the state cannot require a railroad corporation to carry persons or property without reward : neither can it do that which in law amounts to a taking of private property for public use without Just compensation, or without due process of law.
Page 322 - Amendment, broad and comprehensive as it is, nor any other amendment was designed to interfere with the power of the State, sometimes termed its ' police power,' to prescribe regulations to promote the health, peace, morals, education and good order of the people, and to legislate so as to increase the industries of the State, develop its resources and add to its wealth and prosperity.
Page 322 - We choose rather to plant ourselves on what we consider impregnable positions. They are these: that a State has the same undeniable and unlimited jurisdiction over all persons and things, within its territorial limits, as any foreign nation, where that jurisdiction is not surrendered or restrained by the Constitution of the United States. That, by virtue of this, it is not only the right, but the bounden and solemn duty of a State...
Page 225 - Provided, That no deduction shall be allowed for any amount paid out for new buildings, permanent improvements, or betterments, made to increase the value of any property or estate...
Page 311 - Property does become clothed with a public interest when used in a manner to make it of public consequence, and affect the community at large. When, therefore, one devotes his property to use in which the public has an interest, he, in effect, grants to the public an interest in that use, and must submit to be controlled by the public for the common good, to the extent of the interest he has thus created.
Page 196 - ... the provisions of this act, shall be deemed guilty of a misdemeanor, and upon conviction thereof in any court of competent jurisdiction...
Page 231 - ... the amount or source of income, profits, losses, expenditures, or any particular thereof, set forth or disclosed in any income return, or to permit any income return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person...
Page 227 - ... to show cause why the amount of the return should not be increased, and upon proof of the amount understated may increase the same accordingly.
Page 231 - return or copy thereof or any book containing any abstract or particulars thereof to be seen or examined by any person except as provided by law...