The Market and the State: Essays in Honour of Adam SmithClarendon Press, 1976 - 359 páginas |
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Página 100
... INTEREST There are two ambiguities which confuse discussions of the con- cept of ' interest ' . Firstly , there is a distinction between a psycho- logical or descriptive sense , and a normative sense . When we are using the term in the ...
... INTEREST There are two ambiguities which confuse discussions of the con- cept of ' interest ' . Firstly , there is a distinction between a psycho- logical or descriptive sense , and a normative sense . When we are using the term in the ...
Página 104
... Interest 1 m cog Macrocosmic machine his ' rational will ' his humanity will atrophy . Indeed , the criticism , that the supporters of a free market economy trivialize human life by encouraging a consumer conception of the self and its ...
... Interest 1 m cog Macrocosmic machine his ' rational will ' his humanity will atrophy . Indeed , the criticism , that the supporters of a free market economy trivialize human life by encouraging a consumer conception of the self and its ...
Página 282
... interest . As we might expect , he was highly critical of legal pro- hibitions on the payment of interest . But , surprisingly , Smith was unwilling to allow interest rates to find their market equilibrium levels . In the markets for ...
... interest . As we might expect , he was highly critical of legal pro- hibitions on the payment of interest . But , surprisingly , Smith was unwilling to allow interest rates to find their market equilibrium levels . In the markets for ...
Contenido
Adam Smith and the Industrial | 1 |
Smiths Contribution in Historical Perspective | 44 |
Sympathy and SelfInterest | 73 |
Derechos de autor | |
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Términos y frases comunes
Adam Smith aggregate demand agricultural analysis balance of payments banking benefit Britain British Cannan capital cent century changes commodity competition concept consumers costs course defence discussion distribution division of labour economic growth economic thought effects efficiency employment equal Europe exchange exports external factor fiscal free trade function important income increase individual industrial revolution inflation institutions interest investment Josiah Wedgwood labour market less limited London long-run manufactures marginal ment mercantilist modern economists monetary money supply monopoly Moral Sentiments natural liberty output perhaps Political Economy Political Economy Club population production Professor Musgrave profits progress Public Expenditures Public Finance question redistribution restrictions Ricardo rise role sector self-interest share Smithian social social welfare function society sympathy taxation terms of trade Theory of Moral tion tropical utility wages Wealth of Nations Wedgwood welfare economics