The Yale Review, Volume 2George Park Fisher, George Burton Adams, Henry Walcott Farnam, Arthur Twining Hadley, John Christopher Schwab, William Fremont Blackman, Edward Gaylord Bourne, Irving Fisher, Henry Crosby Emery, Wilbur Lucius Cross Blackwell, 1894 |
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Page 175
... utility and the identity of marginal utility with subjective , individual , or private value . Then the Aus- trians analyzed the market , and found that objective , social or market value lies between the valuations of the marginal ...
... utility and the identity of marginal utility with subjective , individual , or private value . Then the Aus- trians analyzed the market , and found that objective , social or market value lies between the valuations of the marginal ...
Page 176
... utilities ? Or , if you select one utility , then which utility ? Why that of A rather than that of B ? To this old riddle the new economists had a triumphant answer . Which utility ! Why , that of the marginal con- sumer of course ...
... utilities ? Or , if you select one utility , then which utility ? Why that of A rather than that of B ? To this old riddle the new economists had a triumphant answer . Which utility ! Why , that of the marginal con- sumer of course ...
Page 177
... utilities ? Why is actual supply broken off at just this point , so as to expose just this partic- ular utility ? or , if you please , this particular buyer ? Why is A made marginal buyer instead of B ? The answer to this has been to ...
... utilities ? Why is actual supply broken off at just this point , so as to expose just this partic- ular utility ? or , if you please , this particular buyer ? Why is A made marginal buyer instead of B ? The answer to this has been to ...
Page 268
... utility , the units of which are not objective , but subjective . Economists were , however , not ready for this step . They readily assented - yes even demanded - that all problems of social reform should be handed over to ethics , so ...
... utility , the units of which are not objective , but subjective . Economists were , however , not ready for this step . They readily assented - yes even demanded - that all problems of social reform should be handed over to ethics , so ...
Page 269
... utility what in the second case he measures objectively in units of wealth . He is undoubtedly right in assuming that practical measures should not be judged solely by their effects on the quantity of material wealth . But I do not see ...
... utility what in the second case he measures objectively in units of wealth . He is undoubtedly right in assuming that practical measures should not be judged solely by their effects on the quantity of material wealth . But I do not see ...
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Page 414 - But if a long train of abuses, prevarications and artifices, all tending the same way, make the design visible to the people— and they cannot but feel what they lie under, and see whither they are going— it is not to be wondered that they should then rouse themselves and endeavor to put the rule into such hands which may secure to them the ends for which government was at first erected...
Page 413 - That government is, or ought to be, instituted for the common benefit, protection, and security of the people, nation, or community...
Page 261 - Not only, therefore, can there be no loss of separate and independent autonomy to the States, through their union under the Constitution, but it may be not unreasonably said that the preservation of the States, and the maintenance of their governments, are as much within the design and care of the Constitution as the preservation of the Union and the maintenance of the National government. The Constitution, in all its provisions, looks to an indestructible Union, composed of indestructible States.
Page 411 - Men being, as has been said, by nature all free, equal, and independent, no one can be put out of this estate, and subjected to the political power of another, without his own consent.
Page 404 - having endeavored to subvert the constitution of this kingdom by breaking the original contract between King and People, and by the advice of Jesuits and other wicked persons having violated the fundamental laws, and having withdrawn himself out of the kingdom, has abdicated the Government, and that the throne is thereby vacant.
Page 255 - Confederation have inconsiderately endeavored to accomplish impossibilities ; to reconcile a partial sovereignty in the Union, with complete sovereignty in the States ; to subvert a mathematical axiom, by taking away a part, and letting the whole remain.
Page 253 - His Britannic Majesty acknowledges the said United States, viz. New Hampshire, Massachusetts Bay, Rhode Island, and Providence Plantations, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, Virginia, North Carolina, South Carolina, and Georgia, to be free, sovereign and independent States...
Page 349 - Government for the control and management of public affairs and the protection of the public peace is hereby established, to exist until terms of union with the United States of America have been negotiated and agreed upon.
Page 134 - We are too well acquainted with the liberality of sentiment distinguishing your nation, to imagine that difference of religion will prejudice you against a hearty amity with us.