An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment
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In our eReader you can find the full English version of the book. Read An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment
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To quickly assess the difficulty of the text, read a short excerpt:
VALUE IN GENERAL.
Professor Gide has well said that " the notion of value is the basis of all political economy," and in view of that fact it would perhaps have been more logical to treat of it at the outset instead of postpon- ing its discussion until now. My reason for the course adopted is the belief that a discussion of distribution, leading to a consideration of the problem of interest, would best prepare us to appreciate the importance of a right apprehension of the nature of value, and w...ould 24 ECONOMIC PRINCIPLES AND SOCIAL READJUSTMENT enable us to apply our knowledge of the subject to the explanation of (true, or net) interest with the least repetition and waste of words.
Value is a relation. Hence it is liable to change with every change of relation. As nothing in the universe is permanent, as the relation of one part thereof to some, if not to all, other parts is constantly changing, it follows inevitably that the value of one part as com- pared with certain other parts, if not with all other parts, must con- stantly change.
What to read after An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment?
You can find similar books in the "Read Also" column, or choose other free books by Sanders, Frederic W. (Frederic William), 1864-1919 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
VALUE IN GENERAL.
Professor Gide has well said that " the notion of value is the basis of all political economy," and in view of that fact it would perhaps have been more logical to treat of it at the outset instead of postpon- ing its discussion until now. My reason for the course adopted is the belief that a discussion of distribution, leading to a consideration of the problem of interest, would best prepare us to appreciate the importance of a right apprehension of the nature of value, and w...ould 24 ECONOMIC PRINCIPLES AND SOCIAL READJUSTMENT enable us to apply our knowledge of the subject to the explanation of (true, or net) interest with the least repetition and waste of words.
Value is a relation. Hence it is liable to change with every change of relation. As nothing in the universe is permanent, as the relation of one part thereof to some, if not to all, other parts is constantly changing, it follows inevitably that the value of one part as com- pared with certain other parts, if not with all other parts, must con- stantly change.
What to read after An Exposition in Outline of the Relation of Certain Economic Principles to Social Readjustment?
You can find similar books in the "Read Also" column, or choose other free books by Sanders, Frederic W. (Frederic William), 1864-1919 to read onlineMoreLess
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