Einführung in das Studium der Konjunktur

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Monograph

Identifikator:: 1027870953

URN:: urn:nbn:de:zbw-retromon-44841

Document type:: Monograph

Author:: Mombert, Paul http://d-nb.info/gnd/117125342

Title:: Einführung in das Studium der Konjunktur

Edition:: Zweite, verbesserte und vermehrte Auflage

Place of publication:: Leipzig

Publisher:: G. A. Gloeckner, Verlagsbuchhandlung

Year of publication:: 1925

Scope:: 1 Online-Ressource (275 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Dritter Abschnitt. Der Einfluß des Konjunkturwandels und der Krisen auf die Volkswirtschaft

Collection:: Economics Books

52 POLITICAL ECONOMY For the twelve apples a week I give Is. a week, but rather than do without any apples I would give for the twelve Is. 9d. My consumer’s surplus reckoned in money is, therefore, ninepence on the apples. For convenience let us call this expression of the surplus in terms of money monetary con sumer’s surplus. To make the notion with which we have been dealing of substantial practical value, we have to conceive of an aggregate monetary surplus, with reference to any commodity, which is made up of the surpluses of a number of different individuals. There is no difficulty in doing this, as it is perfectly possible to add together sums of money which belong to different people, though it is not possible to conceive of the addition of the things (prefer ences) to which these sums of money refer. After performing the operation of adding together consumer’s surpluses in money, we must not, however, fall into the error of thinking that £1 worth of one person’s consumer’s surplus is the same thing as £l worth of another person’s consumer’s surplus. But this reservation notwithstanding, the conception of a consumers’ (in the plural, observe) monetary surplus is of value because it is not unreasonable to suppose that, other

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