Economics Moralism: An Essay in Constructive Economics
Economics Moralism: An Essay in Constructive Economics
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In our eReader you can find the full English version of the book. Read Economics Moralism: An Essay in Constructive Economics 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 Economics Moralism: An Essay in Constructive Economics
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To quickly assess the difficulty of the text, read a short excerpt:
It is part of the necessary cost of production of wheat and fish, which ought to be borne entirely by those for whose benefit these conMnodities are produced.
In the present system the whfeat -growers and the fishermen pay the carriage of their articles of consumption from the place of production. It is included in the price of the goods. The conse- quence is that the cost of living is higher in some 164 Digitized by Google Distribution of Economic Rent localities than in others. This obvious i...nequity tends in the present system to be very roughly rectified by a difference in wages, which means, of course, that the extra cost tends to be placed on the price of the products of such localities.
There is thus even now an approximation to equity as between wage-worklers, although of course the economic rent of the cheapest localities is appropriated by the landowners and capitalists.
But we must have a closer approximation to equity. Still keeping before us the community already imagined, the simplest way of attaining this will be found to be to charge alt the carriage of the imiports into any locality in the price of the kind of goods exported from' it.
What to read after Economics Moralism: An Essay in Constructive Economics?
You can find similar books in the "Read Also" column, or choose other free books by James Haldane Smith to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
It is part of the necessary cost of production of wheat and fish, which ought to be borne entirely by those for whose benefit these conMnodities are produced.
In the present system the whfeat -growers and the fishermen pay the carriage of their articles of consumption from the place of production. It is included in the price of the goods. The conse- quence is that the cost of living is higher in some 164 Digitized by Google Distribution of Economic Rent localities than in others. This obvious i...nequity tends in the present system to be very roughly rectified by a difference in wages, which means, of course, that the extra cost tends to be placed on the price of the products of such localities.
There is thus even now an approximation to equity as between wage-worklers, although of course the economic rent of the cheapest localities is appropriated by the landowners and capitalists.
But we must have a closer approximation to equity. Still keeping before us the community already imagined, the simplest way of attaining this will be found to be to charge alt the carriage of the imiports into any locality in the price of the kind of goods exported from' it.
What to read after Economics Moralism: An Essay in Constructive Economics?
You can find similar books in the "Read Also" column, or choose other free books by James Haldane Smith to read onlineMoreLess
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