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Economics   /ˌɛkənˈɑmɪks/  /ˌikənˈɑmɪks/   Listen
Economics

noun
1.
The branch of social science that deals with the production and distribution and consumption of goods and services and their management.  Synonyms: economic science, political economy.



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"Economics" Quotes from Famous Books



... want, Jim," she cried. "Only it seems to me that you are leaving out some of the most important facts. I can't help believing that if our great captains of industry and kings of finance and teachers of economics and labor leaders would consider all the facts they could find some way to settle these differences between employers and employees and save the industries of the country without starving little girls and boys ...
— Helen of the Old House • Harold Bell Wright

... ), American economist and statistician, was born at Burlington, Vermont, U.S.A., on the 7th of April 1858. He was educated at the university of Vermont and at Johns Hopkins University, and afterwards became professor of economics and statistics at the Massachusetts Institute of Technology. He was chairman of the state board on the question of the unemployed (1895), member of the Massachusetts commission on public, charitable and reformatory ...
— Encyclopaedia Britannica, 11th Edition, Volume 8, Slice 3 - "Destructors" to "Diameter" • Various

... mistake commonly gloated over is that which touches some general fact of economics or social matters. An example of this was Mr. Linley Sambourne's drawing, entitled "An Embarras de Richesses," graphically illustrating the glut of money in "the City" in the summer of 1894. The Old Lady of Threadneedle ...
— The History of "Punch" • M. H. Spielmann

... the Colleges do the same. The students see first-class Indians superseded by young and third-rate foreigners; the Principal of a College should be a foreigner; foreign history is more important than Indian; to have written on English villages is a qualification for teaching economics in India; the whole atmosphere of the School and College emphasises the superiority of the foreigner, even when the professors abstain from open assertion thereof. The Education Department controls the education given, and it is planned on foreign models, and its ...
— The Case For India • Annie Besant

... lecture in the accepted way. This is surely the proper method of work for adolescent students in any subject, in philology just as much as in comparative anatomy, and in history just as much as in economics. The cheapening of printing, paper, and, above all, of illustration has done away with the last excuse for the vocal course of instruction and the lecturer's diagrams. But it has not done ...
— Mankind in the Making • H. G. Wells

... well that ends well, and only that is well, then this story fails at the finish, for we never caught the cannibals, so never taught them the lesson in housekeeping and economics that they needed. But there is no other ...
— The Ivory Trail • Talbot Mundy

... that my smattering of culture was neither deep nor broad. I acquired no definite knowledge of underlying principles, of general history, of economics, of languages, of mathematics, of physics or of chemistry. To biology and its allies I paid scarcely any attention at all, except to take a few snap courses. I really secured only a surface acquaintance with polite English literature, ...
— The "Goldfish" • Arthur Train

... economics! Alack! alack! How did I escape you, Dane, when mind and mood you mastered me? The auguries were fair. I, too, should have been a singer, and lo, I strive for science. All my boyhood was singing, what of you; ...
— The Kempton-Wace Letters • Jack London

... for some time, this Pritchard kid had spoken up: "If you guys ever do travel in time, you'll run up against more than you bargain for. I don't mean the climate or the terrain or the fauna, but the economics and ...
— Project Mastodon • Clifford Donald Simak

... Bevier retired this year from her work in Home Economics at the University of Illinois. She entered the service of the University in 1900. During the twenty-one years of its existence, Professor Bevier has given herself unsparingly to the development and conduct, day by day, of the department of Home Economics. The field was almost entirely new, as a ...
— American Cookery - November, 1921 • Various

... reveals the teacher who is world-minded. Such a teacher is never less than magnanimous; intolerance has no place in his scheme of life; he is in sympathy with all nations in their progress toward light and right; and he is interested in all world progress whether in science, in art, in literature, in economics, in industry, or in education. To this end he is careful to inform himself as to world movements and notes with keen interest the trend and development of civilization. Being a world-citizen himself, he strives, in his ...
— The Reconstructed School • Francis B. Pearson

... the fundamental need is that our young people shall grow up with a new vision and a new passion for the home and family. That passion is needed to give value to any training in the economics or mechanics of the home; and that training is precisely the contribution which the church should make to all departments of life today. It is the prophet, the interpreter, revealing the spiritual meanings of all daily affairs and quickening us to right feeling, ...
— Religious Education in the Family • Henry F. Cope

... dangers of a church. Organisation is an excellent thing for the material needs of men, for the draining of towns, the marshalling of traffic, the collecting of eggs, and the carrying of letters, the distribution of bread, the notification of measles, for hygiene and economics and suchlike affairs. The better we organise such things, the freer and better equipped we leave men's minds for nobler purposes, for those adventures and experiments towards God's purpose which are ...
— God The Invisible King • Herbert George Wells

... pride—hatred for women and a passionate love for game-cocks. He allowed no woman on his place in any capacity, and, by the sounds day and night, he kept at least a thousand roosters. He would drop the profoundest discussion of philosophy or economics at the mention of a chicken, and with a tender smile plunge into an ...
— The One Woman • Thomas Dixon

... On economics: "That's where the honest poor have the advantage of us.... We're the dishonest poor.... We're one vast pretence.... A pretence resembles a bladder. It may burst. We probably shall burst. Still, we have one great advantage over the honest poor, who sometimes have no income at all; and also ...
— When Winter Comes to Main Street • Grant Martin Overton

... economics. I have been trying to ferret out more nearly your chances of a post, and here are my results (which, I need not tell you, must be ...
— The Life and Letters of Thomas Henry Huxley Volume 1 • Leonard Huxley

... Government Board, and that it was needful is seen from the fact that under Wyndham's Act only 25 cottages were built. It is hoped thereby to circumvent the apathy of District Councils, and their parsimony is to be appeased by the fact that the funds, which are largely derived from economics in the Irish Executive are advanced at a rate of interest, not as heretofore of 4-7/8 per cent., but, as in the case of land purchase advances, of 3-1/4 per cent., repayable in a period of 68-1/2 years. The urgency of the problem is obvious. The bearing of this state of affairs in rural housing ...
— Ireland and the Home Rule Movement • Michael F. J. McDonnell

... engineering work is made of either Portland, natural or slag cement, and the great bulk of all concrete is made of Portland cement. Only these three varieties of cement are, therefore, considered here and they only in their aspects having relation to the economics of construction work. For a full discussion of the chemical and physical properties of hydraulic cements and for the methods of determining these properties by tests, the reader is referred to "Practical Cement Testing," by ...
— Concrete Construction - Methods and Costs • Halbert P. Gillette

... to perform? Returning to their destitute homes after years of war to face blasted hopes, devastation, a shattered industrial system, they asked them to add to their own burdens that of preparing in education, politics, and economics, in a few short years, for citizenship, four millions of former slaves. That the South, staggering under the burden, made blunders, and that in a measure there has been disappointment, no one need be surprised. The educators, the statesmen, the philanthropists, have imperfectly comprehended ...
— The Future of the American Negro • Booker T. Washington

... found it possible to represent worthily every science known to his time, and to have marked out several new fields for his successors to cultivate. His philosophy covers physics, cosmology, zooelogy, logic, metaphysics, ethics, psychology, politics and economics, rhetoric and poetics. ...
— An Introduction to Philosophy • George Stuart Fullerton

... men of the time, bent upon pleasure, who attend the balls and the opera and who, upon retiring this night, will seek slumber with the aid of some threadbare blasphemy of old Voltaire, some sensible satire by Paul Louis Courier, or some essay on economics, you who dally with the cold substance of that monstrous water-lily that Reason has planted in the hearts of our cities-let me ask, if by some chance this obscure book falls into your hands, not to smile with noble disdain or shrug your shoulders. ...
— Child of a Century, Complete • Alfred de Musset

... were cheap pictures of Garibaldi, Engels, Dan Burns, and other labour leaders, while on the table lay one of Walter Besant's novels. He knew his Shakespeare, I was told, and had read history, sociology, and economics. And he was self-educated. ...
— The People of the Abyss • Jack London

... essay on Economics, but on Ethics and Psychology; on the character, value, and use of the resources within ourselves; our real possessions. Here only may be ...
— The New Avatar and The Destiny of the Soul - The Findings of Natural Science Reduced to Practical Studies - in Psychology • Jirah D. Buck

... art, as they are revealed by his own impulses and interpreted by constructive criticism; but of these laws the business man may, without prejudice to his efficiency, be largely ignorant. On the other hand, the business man must do his work in accordance with the laws of economics,—a science of which artists ordinarily know very little. Business is, of necessity, controlled by the great economic law of supply and demand. Of the practical workings of this law the business ...
— The Theory of the Theatre • Clayton Hamilton

... 'we want a monthly review which shall deal exclusively with literature. The Fortnightly, the Contemporary—they are very well in their way, but then they are mere miscellanies. You will find one solid literary article amid a confused mass of politics and economics and general clap-trap.' ...
— New Grub Street • George Gissing

... Bate's case, in the reign of James I., in support of the claim of the crown. Yet it is clearly artificial, for a division of taxes, such as into external and internal, only concerns their incidence; it is a matter which belongs to economics and does not affect political right. The colonists' claim of exemption from parliamentary taxation on the ground of non-representation appeals to the sympathy of Englishmen. Both in England and America there were some who desired that the colonies ...
— The Political History of England - Vol. X. • William Hunt

... every propagandist oration uttered by them at street-corners, namely, "All wealth is produced by labour, therefore to the labourers all wealth is due"—a doctrine in itself not novel if taken as a pious generality, but presented by Marx as the outcome of an elaborate system of economics. ...
— A Critical Examination of Socialism • William Hurrell Mallock

... had value, and at that time Adams enjoyed lecturing Augustus St. Gaudens, in hours of depression, on its economics: "Honestly you must admit that even if you don't pay your expenses you get a certain amount of advantage from doing the best work. Very likely some of the really successful Americans would be willing you should come to dinner sometimes, ...
— The Education of Henry Adams • Henry Adams

... it with a volume of biography, entitled "Good Wives," in 1871. Between these two dates, covering forty-seven years, her publications extended to more than thirty titles, and include stories, poems, biographies, studies in history, in household economics, in politics, and in religion. "Her books," says Col. Higginson, "never seemed to repeat each other and belonged to almost as many different departments as there are volumes"; and while writing so much, he adds, "she wrote better than most of ...
— Daughters of the Puritans - A Group of Brief Biographies • Seth Curtis Beach

... resistance, experience has taught me to follow those where Nature lends its greatest aid. Mine being strictly a grazing country, by preserving the native grasses and breeding only the best quality of cattle, I have always achieved success. I have brought up my boys to observe these economics of nature, and no plow shall ever mar the surface where my cows have grazed, generation after generation, to the profit and satisfaction of their owner. Where once I was a buyer in carload lots of the best strains of blood in the country, now I am ...
— Reed Anthony, Cowman • Andy Adams

... and kept away. Priestley seems to have gotten on very well, although the philosophers found his materialism and unitarianism a trifle inconsistent. It was at Holbach's that Shelburne met Morellet with whom he carried on a long and serious correspondence on economics. There seem to be no details of Holbach's relations with Franklin, who was evidently more assiduous at the salon of Mme. Helvetius whom he desired ...
— Baron d'Holbach - A Study of Eighteenth Century Radicalism in France • Max Pearson Cushing

... which a statesman who had thought out the economics of war beforehand would have recognised as the keystone of his policy, would have been that of diverting the activities of the country from providing itself with comforts and amusements to turning out goods required for war, and of doing so with the least possible ...
— War-Time Financial Problems • Hartley Withers

... doubtless the most vital man on the continent, if not on the planet, to-day. He is many-sided, and every side throbs with his tremendous life and energy; the pressure is equal all around. His interests are as keen in natural history as in economics, in literature as in statecraft, in the young poet as in the old soldier, in preserving peace as in preparing for war. And he can turn all his great power into the new channel on the instant. His interest in the whole of life, and in the whole life of the nation, never flags for a moment. ...
— Camping with President Roosevelt • John Burroughs

... unconsciously, to a resulting feeling of resentment that the proposal to confiscate during the war all incomes beyond a certain figure is actively promoted by leading pacifists—a proposal based upon ignorance of, or disregard for, the laws of economics, teachings of ...
— War Taxation - Some Comments and Letters • Otto H. Kahn

... the convention visited the Kellogg Factory and the Battle Creek Sanitarium and at noon returned to the W. K. Kellogg Hotel, where a delicious luncheon was served to the members and guests. Miss Mary I. Barber, Director of Home Economics of the Kellogg Company, in behalf of Mr. W. K. Kellogg, graciously acted as ...
— Northern Nut Growers Association Report of the Proceedings at the Twenty-Fifth Annual Meeting • Northern Nut Growers Association

... at the group before him. Henry Whitman, Assistant Professor of Economics at thirty, a member of Grave, was telling a story of an Italian in Whitmanville who, when he curled, used only the broadest Scotch. When Tom had met Henry in his ingenuous days he threatened to be overwhelmed by the calm indifference ...
— Tutors' Lane • Wilmarth Lewis

... an escape-valve for his overcharged conviction, partly in compassion to the ignorance of women in political economics, he threw off to Margaret divers commentaries on the text, as ...
— Atlantic Monthly, Volume 8, No. 48, October, 1861 • Various

... strictest sense of the word, is concerned exclusively with economics, still this does not mean that those who profess it do not advocate, as part of their program, many pet projects not appertaining to economics. By a vast majority, the members of the Socialist Party either advocate atheism and opposition to religion, or at least do not oppose those Socialists ...
— The Red Conspiracy • Joseph J. Mereto

... that won't close; but they radically drive the same trade, and both are successful if the spavined mare trots out looking sound, and the people pay up. 'Look what I save you,' cry Cheap John and Chancellor; and while they shout their economics, they pocket their shillings. Ah, if I were sure I could bamboozle a village, I should know I was qualified to ...
— Wisdom, Wit, and Pathos of Ouida - Selected from the Works of Ouida • Ouida

... for all that was revolutionary in his politics or economics, by reaction on two subjects—art and divorce. He had old-fashioned ideas on the family, and did not want to see divorce made easy. And he was quaintly Ruskinian in matters of art, believing that all art should appeal ...
— The Mating of Lydia • Mrs. Humphry Ward

... for dinner certain friends and acquaintances of fitting age. They spoke of them as "splendid girls." Between thirty-six and forty. They talked awfully well, in a firm, clear way, about civics, and classes, and politics, and economics, and boards. They rather terrified Jo. He didn't understand much that they talked about, and he felt humbly inferior, and yet a little resentful, as if something had passed him by. He escorted them home, dutifully, though they told him not to bother, and ...
— One Basket • Edna Ferber

... revolution of information technology is impacting everything we do and how we do it on a worldwide basis. The far-reaching effects of the resulting information highway that crosses all boundaries are already impacting the strategic decisions, economics, and politics of the world of nation states. Borders are no defense for the penetration of information even in highly controlled or authoritarian societies. Similarly, the exploration and use of high technology in space, ...
— Shock and Awe - Achieving Rapid Dominance • Harlan K. Ullman and James P. Wade

... keeping of chaps who won't give it up half as easily as the Klondyke did, I suppose it has appreciated again, as the saying is. The difference of cost between getting it out of the ground and out of the bank is a negligible factor...." Fenwick seemed to find ease in chatting economics in this way. Some of it was so obviously true to Vereker that he at once concluded it would be classed among fallacies; he had had experience of this sort of thing. But he paid little attention, as he was thinking of how much of this interview he ...
— Somehow Good • William de Morgan

... flood damages in the future, with the certainty of further and larger expenditures to combat them. It has been pointed out that no such thing really exists as flood control, but only a given degree of flood protection. Economics and technology dictate that reservoir capacities devoted to the storage of flood water, for example, be considerably smaller than the maximum runoff conceivably possible. This means that sooner or ...
— The Nation's River - The Department of the Interior Official Report on the Potomac • United States Department of the Interior

... "The home economics teacher attracted the attention of all the colored farmers and also the white visitors by constructing out of dry goods boxes an attractive and substantial dresser and washstand, completing the same before the audience, even to the staining, varnishing, hanging the mirrors and attaching ...
— Booker T. Washington - Builder of a Civilization • Emmett J. Scott and Lyman Beecher Stowe

... principle of its own evolution; an energy constantly transmuting itself, and in its transmutations furnishing the entire presentation of sense. The universal application of this concept unifies science or the knowledge of nature; and the dynamic theory is applied by Mr. Philip to life, economics, ...
— Essays Towards a Theory of Knowledge • Alexander Philip

... Samuel Fielden, the son of a British factory owner; George Engel, a painter; Oscar Neebe, a well- to-do business man, and Michael Schwab, a bookbinder. All of them were more or less deep students of economics and sociology; they had become convinced that the fundamental cause of the prevalent inequalities of opportunity and of the widespread misery was the capitalist system itself. Hence they opposed it uncompromisingly. [Footnote: The utterances of ...
— Great Fortunes from Railroads • Gustavus Myers

... movement is based. Moreover, it undertakes to give a comprehensive statement of the elementary principles upon which all relief giving, whether public or private, should rest; and it correlates these principles with the general facts of economics and sociology in such a way as to leave no doubt in the mind of the reader that the author has mastered his subject. The point of view of the book is constructive throughout, as its author evidently intends; and it is ...
— Making Both Ends Meet • Sue Ainslie Clark and Edith Wyatt

... above nothing else but partial manifestations of a general revolutionary scheme the menace of which is not confined to Russia, and which, according to the formula of the well-known Liebknecht, consists essentially in realising a Republic in politics, Socialism in economics, and Atheism in ...
— Notes on the Diplomatic History of the Jewish Question • Lucien Wolf

... for a boy of his age, in Political Economy. His father, Sir Louis Mallet, was not only one of the most famous and most enlightened of Civil Servants, but had made a scientific study of the theory of economics. Besides that he had acted as Cobden's official secretary when Cobden negotiated the Commercial Treaty with France, and had become deeply attached to the great Free Trader and his policy. From his father Mallet had learnt what was infinitely ...
— The Adventure of Living • John St. Loe Strachey

... surrender, and secured its financial supremacy unimpaired until 1909. In the following decade he stood for the extension of the suffrage, and it was his Government which, in 1884, carried the extension of the representative principle to the point at which it rested twenty-seven years later. In economics Gladstone kept upon the whole to the Cobdenite principles which he acquired in middle life. He was not sympathetically disposed to the "New Unionism" and the semi-socialistic ideas that came at the end of the 'eighties, which, in fact, constituted a powerful cross current ...
— Liberalism • L. T. Hobhouse

... a quiet back-country New England village into the life-centre of a great and far-reaching industry, is in itself a liberal education, not only in economics, but in inherited characteristics of the human race. Those first drops of "the deluge," the French priest and the Irish orphan, were followed by an influx of foreigners of many nationalities: Scotch, Irish, Italians, Poles, Swedes, Canadian ...
— Flamsted quarries • Mary E. Waller

... diastole; alternations of day and night, of season and tide, are reflected in the history of our race. Progress is secured by the swing of a giant pendulum from East to West, the end of each beat ushering in drastic changes in religion, economics and social polity. It is probable that one of these cataclysmic epochs opened with the victories wrested from Russia by Japan. The democratic upheaval which began five hundred years ago is assuming Protean forces; ...
— Tales of Bengal • S. B. Banerjea

... with composure, "after long study abroad and at home has devoted himself enthusiastically to study in sociology and economics, and has preferred to gain his knowledge about conditions by first-hand observation. He came into this state in pursuit of his object, and by force of circumstances was drawn into our ...
— The Landloper - The Romance Of A Man On Foot • Holman Day

... funds, finances, change, legal tender, lucre, pelf, specie, sterling, revenue, assets, wherewithal, spondulics (Slang); wampum; boodle; bribe; bonus. Associated Words: bullion, cambist, bank, banker, capitalist, chrysology, till, coffer, economics, coin, coinage, mint, mintage, financial, financier, Mammon, treasury, treasurer, monetary, monetize, monetization, demonetize, demonetization, numismatist, mumismatics, alimony, cameralistics, almoner, ...
— Putnam's Word Book • Louis A. Flemming

... would have been impossible but for bacteriology. The new care for human life, and for the protection of its source, is associated with fresh developments of biological science. Sociological observations and speculation, including economics, are intimately connected with the efforts of social reform to attain a broad, sound, and truly ...
— The Task of Social Hygiene • Havelock Ellis

... at this epitome of the French people, and was attempting to combine the French military tradition with the French temper in the affairs of economics; while I was also delighting in the memory of the solid coin that I carried in a little leathern bag in my pocket, the hard-working, God-fearing, and honest woman that governs the little house and the three great daughters, ...
— The Path to Rome • Hilaire Belloc

... dismantlement of the USSR. Mongolia was driven into deep recession, prolonged by the Mongolian People's Revolutionary Party's (MPRP) reluctance to undertake serious economic reform. The Democratic Coalition (DC) government embraced free-market economics, eased price controls, liberalized domestic and international trade, and attempted to restructure the banking system and the energy sector. Major domestic privatization programs were undertaken, as well as the fostering of foreign investment through international tender of the oil distribution ...
— The 2003 CIA World Factbook • United States. Central Intelligence Agency

... horticulture to take exercise in the flower and vegetable garden attached to the institution, and such as wished might be assigned little plots of ground whose management and produce should exclusively belong to them. Looking for a moment from the therapeutics to the economics of the matter, I can see no reason why the house might not rely largely upon itself for at least its summer vegetables and its fruit—if the poorer patients were permitted to pay part of their dues, when they so elected ...
— The Opium Habit • Horace B. Day

... full in the face, "that is the most sensible speech you have made for a long time. I have closely studied the question of economics, and have long ago come to the conclusion that the person of medium income is the only person who is truly happy. I am even inclined to believe that living from hand to mouth is the most enviable state of existence. ...
— The Time of Roses • L. T. Meade

... wide outlook and its resolute determination to see facts as they are, should have much value for all students of latter-day politics and economics in Europe; for though Rathenau is mainly concerned with conditions in his own land the same conditions affect all countries to a greater or less degree, and he deals with general principles of human psychology and of economic law which prevail everywhere in the world. It is ...
— The New Society • Walther Rathenau

... willing to stand sponsor for their economics. Many of their prophecies are yet unfulfilled, the currents of thought and action are not flowing in the direction they anticipated, but the facts they faced have altered little and we moderns have made our own diagnosis, and we have decided on a remedy. The remedy ...
— From the Bottom Up - The Life Story of Alexander Irvine • Alexander Irvine

... teachers have found effective in making home economics function in the home—one of the goals to be attained in democratic education—contain suggestive material which may be adapted to the particular needs of the pupils ...
— School and Home Cooking • Carlotta C. Greer

... he resigned and the general manager investigated the sales and collection departments did the real cause of the failure become evident. Important and numerous as had been the economics instituted, they all fell under the head of the "easy improvements '' based on previous experience and observation. When problems outside this experience presented themselves, the manager encountered ...
— Increasing Efficiency In Business • Walter Dill Scott

... preliminary lines. Of all the occupations that employ and sustain the toiling myriads of our race, agriculture leans closest to the bosom of Divine Providence. It is an industry bound to the great and beautiful economics of the creation by more visible and sensible ties than any other worked by human hands. We will not here diverge to dwell upon these high and interesting affiliations. In their place we will give them a little extended thought. There is one feature ...
— A Walk from London to John O'Groat's • Elihu Burritt

... is no perfecter endowment in man than political virtue, and of this Economics is commonly esteemed not the least part; for a city, which is a collection of private households, grows into a stable commonwealth by the private means of prosperous citizens that compose it. Lycurgus ...
— Plutarch's Lives • A.H. Clough

... responsible citizens of a free State. It is not possible to maintain freedom in any State, no matter how perfect its original constitution, unless its publicly active citizens know a good deal of constitutional history, law, and political science, with its basis of economics. If as much pains had been taken a century ago to make us all understand Ricardo's law of rent as to learn our catechisms, the face of the world would have been changed for the better. But for that very reason the greatest care is taken to keep such beneficially subversive knowledge from ...
— A Treatise on Parents and Children • George Bernard Shaw

... hardly competent to decide, but there are people who agree with him. Still, I think it's reasonably certain that a good deal of the higher land that now carries a few head of sheep would grow oats and other things. It's largely a question of economics. Somebody would have to spend a good deal of money and labor on it first, and the result, which wouldn't be very apparent for two or three years, would be a little uncertain then. It depends on how much the man who undertook it ...
— The Gold Trail • Harold Bindloss

... one-third of GDP, disappeared almost overnight in 1990 and 1991 at the time of the dismantlement of the USSR. The following decade saw Mongolia endure both deep recession because of political inaction and natural disasters, as well as economic growth because of reform-embracing, free-market economics and extensive privatization of the formerly state-run economy. Severe winters and summer droughts in 2000-02 resulted in massive livestock die-off and zero or negative GDP growth. This was compounded by falling prices for Mongolia's primary ...
— The 2008 CIA World Factbook • United States. Central Intelligence Agency.

... signs began to appear. Immediately after each new issue came a marked depreciation; curious it is to note the general reluctance to assign the right reason. The decline in the purchasing power of paper money was in obedience to the simplest laws in economics, but France had now gone beyond her thoughtful statesmen and taken refuge in unwavering optimism, giving any explanation of the new difficulties rather than the right one. A leading member of the Assembly ...
— Fiat Money Inflation in France - How It Came, What It Brought, and How It Ended • Andrew Dickson White

... had any rights in the matter. They were, for the most part, men of unquestionably good private life, and they were merely taking the extreme individualistic view of the rights of property and the freedom of individual action upheld in the laissez-faire political economics. The mines were in the State of Pennsylvania. There was no duty whatever laid upon me by the Constitution in the matter, and I had in theory the power to act directly unless the Governor of Pennsylvania or the Legislature, if it were in session, should ...
— Theodore Roosevelt - An Autobiography by Theodore Roosevelt • Theodore Roosevelt

... formation, derived chiefly from adjectives: acoustics, aeronautics, analytics, bitters, catoptrics, commons, conics, credentials, delicates, dioptrics, economics, ethics, extraordinaries, filings, fives, freshes, glanders, gnomonics, goods, hermeneutics, hustings, hydrodynamics, hydrostatics, hydraulics, hysterics, inwards, leavings, magnetics, mathematics, measles, mechanics, mnemonics, merils, metaphysics, middlings, movables, ...
— The Grammar of English Grammars • Goold Brown

... At one point of the journey (I cannot conceive why) one is arrested by a toll gate at which one has to pay threepence. Perhaps it is a distorted tradition of those dark ages. Perhaps Alfred, with the superior science of comparative civilization, had calculated the economics of Denmark down to a halfpenny. Perhaps a Dane sometimes came with twopence, sometimes even with twopence-halfpenny, after the sack of many cities even with twopence three farthings; but never with ...
— Alarms and Discursions • G. K. Chesterton

... dignity. We deny and we are ready to fight. But we will not argue. As an abstract proposition in ethics or economics, Slavery does not admit of argument. It is a curse. It's on us and we can't throw it off at once. My quarrel with the North is that they do not give us their sympathy and their help in our dilemma. Instead they rave and denounce and ...
— The Man in Gray • Thomas Dixon

... problem. Motor cars and good roads do a great deal to eliminate the isolation and lack of social opportunity that has characterized rural life in the United States. A high order of citizenship in rural communities is essential to the solution of many problems of rural economics, and such citizens will not live away from the social opportunities of modern life. The rural school house and the rural church may become social centers and local plays, moving picture shows and lectures and entertainments of other kinds made available to those who live in the country. Their enjoyment ...
— American Rural Highways • T. R. Agg

... the department whose lines they are best fitted to follow. The Stanford departments numbered 23, as follows: Greek, Latin, German, Romantic languages, English, philosophy, psychology, education, history, economics, law, drawing, mathematics, physics, chemistry, botany, physiology, zoology, entomology, geology and mining, civil engineering, ...
— Complete Story of the San Francisco Horror • Richard Linthicum

... deduced from it that the Radicals were likely to be a bar to true progress. 'They have switched their old militancy,' I wrote, 'on to another track, for with them it is a matter of conscience to be always militant.' I finished up with some very crude remarks on economics culled from the table-talk of the egregious Tombs. It was the kind of letter which I hoped would establish my character in his ...
— Mr. Standfast • John Buchan

... The economics of the modern world make it inevitable that thinkers on public questions, particularly on economic questions, should frame their thoughts in world terms, and that the practical plans for the organization and direction ...
— The Next Step - A Plan for Economic World Federation • Scott Nearing

... city. Grand prize Text books on economics R. G. Dunn & Company, Commercial Agency New York city. Silver medal Statistics Photographs Richmond C. Hill, secretary Board of ...
— New York at the Louisiana Purchase Exposition, St. Louis 1904 - Report of the New York State Commission • DeLancey M. Ellis

... extravagance are ruinous. The property of the country, like the freedom of the country, belongs to the people of the country. They have not empowered their Government to take a dollar of it except for a necessary public purpose. But if the Constitution conferred such right, sound economics would forbid it. Nothing is more, destructive of the progress of the Nation than government extravagance. It means an increase in the burden of taxation, dissipation of the returns from enterprise, a decrease in the real value of wages, with ultimate stagnation and decay. The whole theory ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... right. But the capitalists wouldn't believe in these laws, because they weren't on their side, nor would they read any of the volumes the professors composed. They would read only a book that an old German capitalist wrote—a radical book which turned economics all upside-down and said that capital ought to start a class war ...
— The Crow's Nest • Clarence Day, Jr.

... art, as in the history of politics and in the history of economics, our modern epoch is marked off from all preceding epochs by one great event, the French Revolution. Fragonard, who survived that Revolution to lose himself in a new and strange world, is the last at the old masters; David, some sixteen years his junior, is the first of ...
— Artist and Public - And Other Essays On Art Subjects • Kenyon Cox



Words linked to "Economics" :   moral hazard, economic consumption, economic theory, capital account, inflationary, use of goods and services, deflationary, theory of games, easy, monopsony, econometrics, nominal, tight, marginal utility, usance, spillover, use, macroeconomics, monopoly, utility, finance, game theory, real, productivity, production, consumption, social science, Gresham's Law, oligopoly



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