economics in one lesson the shortest and surest way to understand basic economics phần 5 pdf
economics in one lesson the shortest and surest way to understand basic economics phần 1 ppt
... have $50 more to spend with other merchants, and these in turn will have $50 more to spend with still other merchants, and so ad infinitum. The smashed window will go on pro- viding money and ... which the latter often ignored. But in themselves ignoring or slighting the long-run effects, they are making the far more serious error. They overlook the woods in their...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 2 pdf
... demand for automobiles and other goods. The supply of motor cars constitutes the demand of the people in the automobile in- dustry for wheat and other goods. All this is inherent in the ... up. Then these temporarily favored industries will, relatively, have to shrink again, to allow other industries filling other needs to grow. It is important to keep in...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 3 potx
... children and the over-aged no longer need to work. What machines do, to repeat, is to bring an increase in production and an increase in the standard of living. They may do this in either of two ways. ... jobs. The real result of the machine is to increase ¶roàucûon, to raise the standard of living, to increase economic welfare. THE CURSE OF MACHINERY 43 the...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 4 pps
... without reducing the length of the working week. They could, in other words, have worked the same number of hours and got their total weekly incomes increased l·y one- third, in- stead of merely getting, ... serious student of economics to throw up his hands in despair. What possible point can there be, he is likely to ask, in discussing refinements and advances in...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 5 pdf
... other hand, of late years they have taken to putting more obstacles in the way of export- ing gold than in the way of exporting anything else: but that is another story.) Now the ... this capital and labor of liberty of choice. It forces investors to place their money where the returns seem less promising to them than in the X industry. It forces workers...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 6 pptx
... increased supply, then the driving out of the marginal farmers on the marginal land enables the good farmers on the good land to expand their production. So there may be, in the long run, no ... stimulates them to increase their pro- duction. It leads others to stop making some of the products they previously made, and turn to making the product that offers th...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 7 pps
... to them, and force them to take something worse. The strikers are therefore insist- ing on a position of privilege, and are using force to main- tain this privileged position against other ... of business altogether, and to dis- courage or stop the production of certain items. This means unemployment, a shrinkage in production and a decline in living standards....
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 8 pot
... of employers and investors. The investors once had liquid funds. But they have put them, say, into the railroad business. They have turned them into rails and roadbeds, freight cars and locomotives. Once ... that in the fifteen-year period i56 ECONOMICS IN ONE LESSON their own profits by overworking their employes. In all these cases the unions, by demanding...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 9 ppt
... that the government prints money to pay war contractors. Then the first effect of these expenditures will be to raise the prices of supplies used in war and to put additional money into the hands ... by printing money. They sense that there must be a catch somewhere; so they would limit in some way the amount of additional money they would have the govern- i88 ECONO...
Ngày tải lên: 14/08/2014, 22:21
economics in one lesson the shortest and surest way to understand basic economics phần 10 pot
... in everything else, it is in my interest for scarcity to exist in the very thing that it is my business to supply. The greater the scarcity, compared to everything else, in this one thing that ... thousands of bartenders out of business. A decline in gambling would force crou- piers and racing touts to seek more productive occupations. 214 ECONOMICS IN...
Ngày tải lên: 14/08/2014, 22:21