The Economic Journal: The Quarterly Journal of the Royal Economic Society, Volume 4

Front Cover
Macmillan, 1894 - Economics
Contains papers that appeal to a broad and global readership in all fields of economics.
 

Other editions - View all

Common terms and phrases

Popular passages

Page 725 - ... first, the agreeableness or disagreeableness of the employments themselves; secondly, the easiness and cheapness, or the difficulty and expense of learning them; thirdly, the constancy or inconstancy of employment in them; fourthly, the small or great trust which must be reposed in those who exercise them; and fifthly, the probability or improbability of success in them.
Page 404 - All persons possessing any portion of power ought to be strongly and awfully impressed with an idea that they act in trust ; and that they are to account for their conduct in that trust to the one great master, author, and founder of society.
Page 72 - Wolff.— PEOPLE'S BANKS : a Record of Social and Economic Success. By HENRY W. WOLFF.
Page 404 - But one of the first and most leading principles on which the commonwealth and the laws are consecrated is lest the temporary possessors and life-renters in it, unmindful of what they have received from their ancestors, or of what is due to their posterity, should act as if they were the entire masters...
Page 404 - By this unprincipled facility of changing the state as often and as much and in as many ways as there are floating fancies or fashions, the whole chain and continuity of the commonwealth would be broken. No one generation could link with the other. Men would become little better than the flies of a summer.
Page 610 - Under these conditions the Equation of International Demand would still exist. Thus, the rate of 10 for 17, and that of 10 for 18, would equally satisfy the Equation of Demand: and many other rates of interchange might satisfy it in like manner. It is conceivable that the conditions might be equally satisfied by every numerical rate which could be supposed.
Page 396 - But a coward, a man incapable either of defending or of revenging himself, evidently wants one of the most essential parts of the character of a man.
Page 387 - The Joint Standard : a Plain Exposition of Monetary Principles and of the Monetary Controversy. By ELIJAH HELM. Crown 8vo.
Page 655 - Paterson, that the words direct taxes, as used in the Constitution, comprehended only capitation taxes, and taxes on land, and perhaps taxes on personal property by general valuation and assessment of the various descriptions possessed within the several States.
Page 607 - London: and in every other case, if capital freely flowed towards those countries where it could be most profitably employed, there could be no difference in the rate of profit, and no other difference in the real or labour price of commodities, than the additional quantity of labour required to convey them to the various markets where they were to be sold.

Bibliographic information