A New Political Economy
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In our eReader you can find the full English version of the book. Read A New Political Economy Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book A New Political Economy
What reading level is A New Political Economy book?
To quickly assess the difficulty of the text, read a short excerpt:
If I would have a new gratification, I must buy a new feast, or a new service. , In one sense, all goods are services, since they all have util- SERVICES. 149 ity, or power, to meet some want of man, directly or indirectly.
Noticing the similarity in effects, several economists have adopted the term services in the place of goods or values.
They speak of the exchange of services when they mean the ex- change of goods. Bastiat and Perry employ the word service in their definitions of value. But ...this obscures an important economic distinction between the two. All goods may be serviceable, and hence services ; but all services are not goods.
The true service must be rendered directly to the person, and the effort must be repeated with each enjoyment of the service. In goods the service is stored up, and may be pre- served, transported, and enjoyed as often as one pleases, and as long as the goods last.
The power of true service lies in the person serving, and can not be alienated or transferred.
What to read after A New Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Gregory, John Milton, 1822-1898 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
If I would have a new gratification, I must buy a new feast, or a new service. , In one sense, all goods are services, since they all have util- SERVICES. 149 ity, or power, to meet some want of man, directly or indirectly.
Noticing the similarity in effects, several economists have adopted the term services in the place of goods or values.
They speak of the exchange of services when they mean the ex- change of goods. Bastiat and Perry employ the word service in their definitions of value. But ...this obscures an important economic distinction between the two. All goods may be serviceable, and hence services ; but all services are not goods.
The true service must be rendered directly to the person, and the effort must be repeated with each enjoyment of the service. In goods the service is stored up, and may be pre- served, transported, and enjoyed as often as one pleases, and as long as the goods last.
The power of true service lies in the person serving, and can not be alienated or transferred.
What to read after A New Political Economy?
You can find similar books in the "Read Also" column, or choose other free books by Gregory, John Milton, 1822-1898 to read onlineMoreLess
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