Economic CrisesMacmillan, 1900 - 251 من الصفحات |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
activity Adam Smith Anton Menger Aufl Bank of England bankruptcy capital capitalist cause of crises character Commercial Crises connection considered consumption crisis currency cycle demand depression desire discussion distribution economic crises Economistes effect England equilibrium factors of production famines in India fluctuations forces France FRANKLIN HENRY GIDDINGS glut growth important increase individual industry influence interest investment issue J. S. Mill James Sully Jevons John Stuart Mill Juglar Krisen legislation London Lord Overstone machinery Max Wirth means ment mind money market nations necessary nomic operation organization over-production panic phenomena Political Economy present problem productive power productivity of labor profits relation result Rodbertus Roscher says Schäffle Science social society speculation sun-spots surplus tendency theory of crises tion trade Tübingen United Volkswirthschaft wage-earning classes wages Wagner wealth writers
مقاطع مشهورة
الصفحة 216 - A native of the United States clings to this world's goods as if he were certain never to die ; and he is so hasty in grasping at all within his reach, that one would suppose he was constantly afraid of not living long enough to enjoy them. He clutches everything, he holds nothing fast, but soon loosens his grasp to pursue fresh gratifications.
الصفحة 214 - The more they are instructed, the less liable they are to the delusions of enthusiasm and superstition, which, among ignorant nations, frequently occasion the most dreadful disorders.
الصفحة 142 - ANY sudden event which creates a great demand for actual cash may cause, and will tend to cause, a panic in a country where cash is much economized, and where debts payable on demand are large. In such a country an immense credit rests on a small cash reserve : and an unexpected and large diminution of that reserve may easily break up and shatter very much if not the whole of that credit. Such accidental events are of the most various...
الصفحة 3 - Commerce is at a standstill, the markets are glutted, products accumulate, as multitudinous as they are unsaleable, hard cash disappears, credit vanishes, factories are closed, the mass of the workers are in want of the means of subsistence, because they have produced too much of the means of subsistence; bankruptcy follows upon bankruptcy, execution upon execution.
الصفحة 3 - ... of the means of subsistence; bankruptcy follows upon bankruptcy, execution upon execution. The stagnation lasts for years; productive forces and products are wasted and destroyed wholesale, until the accumulated mass of commodities finally filter off, more or less depreciated in value, until production and exchange gradually begin to move again.