Half Past Twelve Dinner Hour Studies for the Odd Half Hours
Half Past Twelve Dinner Hour Studies for the Odd Half Hours
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In our eReader you can find the full English version of the book. Read Half Past Twelve Dinner Hour Studies for the Odd Half Hours 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 Half Past Twelve Dinner Hour Studies for the Odd Half Hours
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His dead capital depreciates, and he wants back each year the amount by which it has depreciated. He works himself, and for this he wants an amount at least equal to what he could earn as the servant of an employer. If he gets all these he is satisfied, and must be satisfied, for in the long run he can get no more. Let us further suppose that on each farm all these required sums can be met from a yield of 10, 000 bushels of corn. It is ex- tremely unlikely that the yield of the farms will be al...ike, and consequently we can fix on any arbitrary but reasonable numbers : let us say, then, the first farm yields 10, 000 bushels, the second 11, 000 bushels, and the third 12, 000 bushels. Now we have carefully made all the factors of production that can be controlled by human foresight exactly equal for each of the three farms. Yet nobody expects these equal sets of factors to produce equal results. And why ? Because the final result in farming is affected by a factor which man cannot control the natural advantages of the soil.
What to read after Half Past Twelve Dinner Hour Studies for the Odd Half Hours?
You can find similar books in the "Read Also" column, or choose other free books by George Woolley Gough to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
His dead capital depreciates, and he wants back each year the amount by which it has depreciated. He works himself, and for this he wants an amount at least equal to what he could earn as the servant of an employer. If he gets all these he is satisfied, and must be satisfied, for in the long run he can get no more. Let us further suppose that on each farm all these required sums can be met from a yield of 10, 000 bushels of corn. It is ex- tremely unlikely that the yield of the farms will be al...ike, and consequently we can fix on any arbitrary but reasonable numbers : let us say, then, the first farm yields 10, 000 bushels, the second 11, 000 bushels, and the third 12, 000 bushels. Now we have carefully made all the factors of production that can be controlled by human foresight exactly equal for each of the three farms. Yet nobody expects these equal sets of factors to produce equal results. And why ? Because the final result in farming is affected by a factor which man cannot control the natural advantages of the soil.
What to read after Half Past Twelve Dinner Hour Studies for the Odd Half Hours?
You can find similar books in the "Read Also" column, or choose other free books by George Woolley Gough to read onlineMoreLess
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