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THE DISTRIBUTION OF THE FRUITS OF POWER
Their Relation to Profits
Implementation of the Program
aggregate assert attained banks borrowing commodity reserve commodity units consumers corporation costs course debt demand desire distribution effect enterprise equality of opportunity equity essential exert expenditures fact factor factor of production free competition freedom full employment gifts inter vivos gold government debt governmental hand Imperfect Competition income increase individual industries inevitable inflation inheritance institutions investment issue J. M. Keynes J. R. Hicks Jeremy Bentham labor less loans losses marginal efficiency matter means ment monetary money wages monopoloidal monopoly moreover natural resources necessary nomic output pecuniary political possible preference for liquidity present price level principle prisers privilege production profits progressive taxation prospect rate of interest reason reduce relative result risk saving seigniorage social contract social goals society stability supply taxation tion volume wealth whole WORKABLE COMPETITION workers