The Market and the State: Essays in Honour of Adam SmithClarendon Press, 1976 - 359 páginas |
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Página 55
... utility'.46 An economist who in 1871 had stated ' the somewhat novel opinion , that value depends entirely upon utility'47 could hardly have taken any other view , but the limited extent to which Jevons's ideas had penetrated English ...
... utility'.46 An economist who in 1871 had stated ' the somewhat novel opinion , that value depends entirely upon utility'47 could hardly have taken any other view , but the limited extent to which Jevons's ideas had penetrated English ...
Página 90
... utility func- tions are interdependent , account must be taken not only of com- passion but also of jealousy . In the TMS , the utility functions , in modern jargon , are very interdependent . Smith's consumer is not content to eat with ...
... utility func- tions are interdependent , account must be taken not only of com- passion but also of jealousy . In the TMS , the utility functions , in modern jargon , are very interdependent . Smith's consumer is not content to eat with ...
Página 313
... utility function , maximization of which determines the individual's response ( in choosing between goods and leisure ) to tax and transfer policies . Finally , ( iv ) a linear tax function is assumed . The results suggest that the ...
... utility function , maximization of which determines the individual's response ( in choosing between goods and leisure ) to tax and transfer policies . Finally , ( iv ) a linear tax function is assumed . The results suggest that the ...
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