The Wealth of Nations: An Analysis with Special Reference to Under-developed CounriesWorld Press, 1967 - 165 páginas |
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Página 35
... income but also to find out a way to measure real national income . Here again we have to go back to the measuring rod of labour . We have seen that Smith dis- cards his labour theory of value in favour of a cost of produc- tion theory ...
... income but also to find out a way to measure real national income . Here again we have to go back to the measuring rod of labour . We have seen that Smith dis- cards his labour theory of value in favour of a cost of produc- tion theory ...
Página 50
... income as a residual element and not as a cost . Here , rent simply represents the surplus of produce which is over ... income of a capitalist , who invests in his busi- ness enterprise own and often some equity capital . Interest on ...
... income as a residual element and not as a cost . Here , rent simply represents the surplus of produce which is over ... income of a capitalist , who invests in his busi- ness enterprise own and often some equity capital . Interest on ...
Página 95
... income is an increasing function of the annual saving - income ratio . · III Let us now focus attention on the emphasis laid by Smith on the phenomenal importance of wage goods or the basic neces- sities ( mainly food ) . This issue is ...
... income is an increasing function of the annual saving - income ratio . · III Let us now focus attention on the emphasis laid by Smith on the phenomenal importance of wage goods or the basic neces- sities ( mainly food ) . This issue is ...
Contenido
The Growth Model of Adam Smith | 1 |
Division of Labour and Economic | 10 |
Concepts of Productive and Unpro | 19 |
Derechos de autor | |
Otras 5 secciones no mostradas
Términos y frases comunes
according to Smith Adam Smith agriculture annual produce augment basic Bhilai capacity capital accumulation capitalists chapter commodity consumers consumption context cost crores currency developed countries developing economy division of labour domestic Durgapur economic development Edwin Cannan effect employed employment expansion expenditure export extent flat products foreign trade Fund Government greater growth Ibid IISCO important improvement income increase India industry interest international trade laissez-faire land and labour landlords loans manufacture market price ment natural price physiocrats problem productive labour productive workers profit projects public sector steel quantity of labour Quesney quota regards rent retention prices revenue Rourkela saving Second Plan Secondly sector steel plants Smith argues Smith asserts Smith's analysis Smith's scheme Smith's theory Smithian Smithian growth society supply tion TISCO under-developed countries under-developed economy unproductive V. K. R. V. Rao volume wages Wealth of Nations World Bank