The Quarterly Journal of Economics, Volume 3Charles Franklin Dunbar, Frank William Taussig, Abbott Payson Usher, Alvin Harvey Hansen, William Leonard Crum, Edward Chamberlin, Arthur Eli Monroe Harvard University, 1889 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. |
Other editions - View all
Common terms and phrases
abscissa Adam Smith amount Anchovies Annuario Asso associations auxiliary capital average benefit cent Chinese circulation Commerce committee commodity copper cost debt deficit demand dimensions direct tax duties economic equal exports fact final utility Finance flax forced currency France fund G. P. Putnam's Sons Gesetzg gold Guillaumin & Cie Heft hemp Ibid important increase industry Interstate Commerce Act Italy Jahrb Jevons Journ labor land legislation Leipzig less lire loan machinery manufacture means ment Mesures Proposées methods Naples National Bank notes operation organization paid paper Paris payment period present pressed glass production profits protection provision quantity question quintals railroad receipts rente secure shares Sicily silk social society South Wales specie sugar supply tariff theory tion trade trades-unions treasury trust Turin unions United Victoria wages wheat workmen
Popular passages
Page 273 - I believe, towards the close of the last century, and the beginning of the present, sent out more living writers, in its proportion, than any other school.
Page 56 - The keen, steady, and, as it were, magnetic sense of their own interest as proprietors, in the directors of a bank, pointing invariably to its true pole— the prosperity of the institution — is the only security that can always be relied upon for a careful and prudent administration.
Page 45 - At the time we were funding our national debt, we heard much about ' a public debt being a public blessing;' that the stock representing it was a creation of active capital for the aliment of commerce, manufactures, and agriculture. This paradox was well adapted to the minds of believers in dreams, and the gulls of that size entered bona fide into it. But the art and mystery of banks is a wonderful improvement on that. It is established on the principle that ' private debts are a public blessing.
Page 444 - State, territory or district, which shall give notice by the Governor, or other proper officer thereof, to the Secretary of the Treasury of the United States, on or before the second Tuesday of February next, and in each succeeding year thereafter, of its intention to assume and pay, or to assess, collect and pay...
Page 37 - ... have, at the end of ten years, twenty-six dollars and eighty-eight cents funded at the like interest and rate of redemption ; or to have an annuity, for the remainder of life, upon the contingency of fixing to a given age, not less distant than ten years, computing interest at four per cent.
Page 441 - It may be rightly affirmed, therefore, that in the practical construction of the Constitution by Congress direct taxes have been limited to taxes on land and appurtenances and taxes on polls or capitation taxes. " And this construction is entitled to great consideration, especially in the absence of anything adverse to it in the discussions of the convention which framed and of the conventions which ratified the Constitution.
Page 501 - Our riches will be soon equal,' said the beggar, looking out upon the strife of the waters — 'they are sae already; for I hae nae land, and you would give your fair bounds and barony for a square yard of rock that would be dry for twal hours.
Page 369 - An Investigation into the Causes of the Great Fall in Prices which took place coincidently with the Demonetisation of Silver by Germany. 8vo. 6s. CURZON.— Russia in Central Asia in 1889 and the AngloRussian Question.
Page 291 - Whether the advantages which one country has over another be natural or acquired, is in this respect of no consequence. As long as the one country has those advantages, and the other wants them, it will always be more advantageous for the latter rather to buy of the former than to make.
Page 291 - ... natural or acquired, is in this respect of no consequence. As long as the one country has those advantages, and the other wants them, it will always be more advantageous for the latter rather to buy of the former than to make. It is an acquired advantage only which one artificer has over his neighbor who exercises, another trade; and yet they both find it more advantageous to buy of one another, than to make what does not belong to their particular trades.