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" Since all capital is the product of saving, that is, of abstinence from present consumption for the sake of a future good, the increase of capital must depend upon two things ; the amount of the fund from which saving can be made, and the strength of... "
The Economic Journal: The Quarterly Journal of the Royal Economic Society - Stranica 330
1895
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Miscellaneous Essays and Addresses

Henry Sidgwick, Arthur Sidgwick - 1904 - Broj stranica: 400
...eyes of economists to important shortcomings in the traditional view of the function of capital nnd the law of its increase. In Mill's chapter on the...the mass of instruments aiding labour that England possesses—the factories and machines, ships, steam-engines, railroads and their rolling stock, etc.,—came...
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Principles of Political Economy: With Some of Their Applications to Social ...

John Stuart Mill - 1909 - Broj stranica: 1086
...abstinence from present consumption for the sake of a future good, the increaae of capital must degend upon two things — the amount of the fund from which saving can be made, and the strength of $\e. efuni-froja which saving fan ho marlo ja f.nfi nurpliin nf the produce of labour, after supplying...
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Principles of Political Economy: With Some of Their Applications to Social ...

John Stuart Mill - 1909 - Broj stranica: 1076
...a future good, the increase of capital must depend upon two things — .the amount of the fund 1 / from which saving can be made, and the strength of the dispositions i which prompt to it. The fund from which saving can be made, is the surplus of the produce of labour,...
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Outlines of Economics

University of Chicago. Department of Political Economy - 1910 - Broj stranica: 314
...the savable surplus and the motives to saving — or, in the phraseology of John Stuart Mill, between the amount of the fund from which saving can be made, and the effective strength of the desire for accumulation. The distinction is, however, arbitrary. Plainly,...
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Outlines of Economics Developed in a Series of Problems

University of Chicago. Department of Political Economy - 1912 - Broj stranica: 314
...the savable surplus and the motives to saving — or, in the phraseology of John Stuart Mill, between the amount of the fund from which saving can be made, and the effective strength of the desire for accumulation. The distinction is, however, arbitrary. Plainly,...
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Catholic Social Thought and Liberal Institutions: Freedom With Justice

Michael Novak - 1984 - Broj stranica: 316
...abstinence from present consumption for the sake of a future good, the increase of capital must depend upon two things — the amount of the fund from which saving...can be made, and the strength of the dispositions which prompt to it.68 It is crucial to observe that the latter depends on specific moral virtues. Professor...
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Jean-Baptiste Say: Critical Assessments of Leading Economists, Opseg 5

John Cunningham Wood, Steven Kates - 2000 - Broj stranica: 488
...abstinence from present consumption for the sake of a future good, the increase of capital must depend upon two things — the amount of the fund from which saving...can be made, and the strength of the dispositions which prompt to it.' The "fund" from which savings are made Mill defined as the "real net produce"...
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Biography of a Subject: An Evolution of Development Economics

Gerald M. Meier - 2004 - Broj stranica: 264
...formation in a country depends on two circumstances: (1) the magnitude of "the produce of industry," or "the amount of the fund from which saving can be made," and (2) "the strength of the disposition to save," since capital is "the product of saving, that is, of...
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Principles of Political Economy -

John Stuart Mill - 2006 - Broj stranica: 477
...abstinence from present consumption for the sake of a future good, the increase of capital must depend upon two things — the amount of the fund from which saving...can be made, and the strength of the dispositions which prompt to it. The fund from which saving can be made, is the surplus of the produce of labor,...
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North-American Review and Miscellaneous Journal

1866 - Broj stranica: 662
...for the sake of a future good ' ; and that consequently ' the increase of capital must depend upon two things, — the amount of the fund from which...can be made, and the strength of the dispositions which prompt to it."' This statement is so obvious, that we should expect every one to accede to it...
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