The Quarterly Journal of Economics, 17. köideHarvard University, 1902 Edited at Harvard University's Department of Economics, this journal covers all aspects of the field -- from the journal's traditional emphasis on microtheory, to both empirical and theoretical macroeconomics. |
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Common terms and phrases
56th Congress agricultural American amount Austria-Hungary average banker beet beet-sugar Böhm-Bawerk bounty branch banking Canal cane cane sugar capitalist cent colonies commerce Commission commodities competition consumed consumption corporations cotton countervailing duty Cuban David Ricardo Dingley act domestic duction Econ economic England Europe exchange export fact factories farmer favor Foraker act foreign France future gain Germany greater Half-course Hawaiian History important inclosure increase interest Journ labor and capital land legislation less loanage manufactures ment monopoly nature number of employees Paris period physiocratic population Porto Rican ports present production of capital Professor profit proletaire protection quantity of capital railroad rate of wages raw sugar refined rent represented result revenue secure social South Standard Oil Company statistics supply surplus tariff theory tion tonnage tons trade United utility vessels wage-fund West York
Popular passages
Page 263 - ... earth which will be allotted to each of these classes under the names of rent, profit, and wages will be essentially different...
Page 341 - Massachusetts lighting law, providing for municipal purchase of gas and electric plants, the price of the property " shall be its fair market value for the purposes of its use (no portion of such plant to be estimated, however, at less than its fair market value for any other purpose...
Page 146 - Americans of all ages, all conditions, and all dispositions constantly form associations. They have not only commercial and manufacturing companies, in which all take part, but associations of a thousand other kinds, religious, moral, serious, futile, general or restricted, enormous or diminutive.
Page 455 - The word VALUE, it is to be observed, has two different meanings, and sometimes expresses the utility of some particular object, and sometimes the power of purchasing other goods which the possession of that object conveys.
Page 263 - The produce of the earth — all that is derived from its surface by the united application of labour, machinery, and capital — is divided among three classes of the community; namely, the proprietor of the land, the owner of the stock or capital necessary for its cultivation, and the labourers by whose industry it is cultivated.
Page 146 - Wherever at the head of some new undertaking you see the government in France, or a man of rank in England, in the United States you will be sure to find an association.
Page 109 - No sea but what is vexed by their fisheries. No climate that is not witness to their toils. Neither the perseverance of Holland, nor the activity of France, nor the dexterous and firm sagacity of English enterprise, ever carried this most perilous mode of hardy industry to the extent to which it has been pushed by this recent people ; a people who are still as it were, but in the gristle, and not yet hardened into the bone of manhood.
Page 265 - David Ricardo, On the Principles of Political Economy and Taxation (London, 1817), p.
Page 402 - I go farther and observe, that where an open communication is preserved among nations, it is impossible but the domestic industry of every one must receive an increase from the improvements of the others.
Page 146 - Thus the most democratic country on the face of the earth is that in which men have in our time carried to the highest perfection the art of pursuing in common the object of their common desires, and have applied this new science to the greatest number of purposes.