Luận án kinh tế - "Human and action" - Chapter 29 pot

... his wife and children and need not send them to work, is not an achievement of governments and labor unions. It is the outcome of the fact that profit-seek- ing business has accumulated and invested ... wealth and well-being is production and not restriction. That in the capitalist countries the average wage earner consumes more goods and can afford to enjoy more leisure than hi...

Ngày tải lên: 02/07/2014, 13:20

... the manufacturer and “exploiter” Engels, and Lenin, the scion of the Russian gentry, were certainly not of proletarian background. But Hitler and Mus- solini were genuine proletarians and spent their ... philosophie (Paris and Brussels, 1847), p. 100. They are therefore appropriate to the structure of the external world and reflect properties of the world and of reality. They wo...

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... time and of causality. The praxeological system too is aprioristic and deductive. As a system it is out of time. But change is one of its elements. The notions of sooner and later and of cause and ... value, independent of these acts and preceding them, and of a previously devised plan whose realization they aim at. The scale of value and the plan to which duration and immut...

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... theory of value and prices based on the concepts of utility and use-value. The economists believed that they had to abandon such a theory and tried to explain the phenomena of value and market exchange ... bring about immedi- ate gratification and are thus direct sources of pleasure and enjoyment, are essentially different from labor and working. Only a very superficial treat- m...

Ngày tải lên: 02/07/2014, 13:20

... social cooperation: cooperation by virtue of contract and coordination, and cooperation by virtue of command and subordination or hegemony. Where and as far as cooperation is based on contract, the ... the same relation to Tom as Tom has to John. Where and as far as cooperation is based on command and subordination, there is the man who commands and there are those who obey his...

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... balance sheets and in profit- and- loss statements is the evaluation of assets and liabilities not embodied in cash. All such balances and statements are virtually interim balances and interim statements. ... of mongering and peddling. Complacency, self-righteousness, and hypocrisy exult in scorning the “dol- lar-philosophy” of our age. Neurotic reformers, mentally unbalanced lit...

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... strengthens the ten- dency of business to expand. The entrepreneurs draw from the fact that demand and prices are rising the inference that it will pay to invest and to produce more. They go on and their ... would not be in a position to know beforehand whether and to what extent the demand for money for cash holding would change and in what temporal sequence and to what extent th...

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... pursuit of their own happiness on the one hand, and to those of foreign governments longing for booty and territorial aggrandizement on the other hand. In dealing with these antagonisms, the ... unrealizable when the large-scale enterprises in manufacturing, mining, and transportation appeared. There cannot be any question of splitting up large-scale business units and distributing th...

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... of phi- losophy of law and political science indulge in futile and empty brooding THE GOVERNMENT AND THE MARKET 719 and how to produce, at what prices and from whom to buy, at what prices and to ... improve- ment and result in rigidity and stagnation. The flexibility of commodity prices and wage rates is the vehicle of adjustment, improvement, and progress. Those who conde...

Ngày tải lên: 02/07/2014, 13:20

... logical stopping place of the ability-to-pay doctrine is at the complete equalization of incomes and wealth by confiscation of all incomes and fortunes above the lowest amount in the hands of anyone. 1 The ... considerations which finally resulted in the general accep- tance of the ability-to-pay principle there was some dim conception that taxing the well-to-do more heavily than those wi...

Ngày tải lên: 02/07/2014, 13:20