The Market and the State: Essays in Honour of Adam SmithClarendon Press, 1976 - 359 páginas |
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Página 194
... profits or ( 2 ) that they have to pay or to account for excessively high wages or ( 3 ) that capital and capital goods are too cheap for them in the less developed country because of an overvaluation of its currency ( combined with ...
... profits or ( 2 ) that they have to pay or to account for excessively high wages or ( 3 ) that capital and capital goods are too cheap for them in the less developed country because of an overvaluation of its currency ( combined with ...
Página 202
... profits , and rent To understand correctly Smith's conception of the natural price , it is necessary to realize that , unlike the point of view prevailing today among economists , Smith is considering not only the dis- tinction between ...
... profits , and rent To understand correctly Smith's conception of the natural price , it is necessary to realize that , unlike the point of view prevailing today among economists , Smith is considering not only the dis- tinction between ...
Página 220
... profits , capital would go in the direction of foreign trade or would ' disgorge itself ' into the carrying trade , both at home and abroad ( WN I. ix . 9-10 ; II . v . 35 ) . The tendency of profits to fall , then , has , in Smith ...
... profits , capital would go in the direction of foreign trade or would ' disgorge itself ' into the carrying trade , both at home and abroad ( WN I. ix . 9-10 ; II . v . 35 ) . The tendency of profits to fall , then , has , in Smith ...
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