Girowesen im griechischen Ägypten, enthaltend Korngiro, Geldgiro, Girobanknotariat mit Einschluss des Archivwesens

Bibliographic data

Monograph

Identifikator:: 893136298

URN:: urn:nbn:de:zbw-retromon-77125

Document type:: Monograph

Author:: Preisigke, Friedrich http://d-nb.info/gnd/116281871

Title:: Girowesen im griechischen Ägypten, enthaltend Korngiro, Geldgiro, Girobanknotariat mit Einschluss des Archivwesens

Place of publication:: Strassburg im Elsass

Publisher:: Verlag von Schlesier & Schweikhardt

Year of publication:: 1910

Scope:: 1 Online-Ressource (XVI, 575 Seiten)

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

SEMAINE D'ÉTUDE SUR LE ROLE DE L’ANALYSE ECONOMETRIQUE ETC. machinery must be considerably modified and coordinated if he labour force is to accept mobility and equip itself with modern skills. Second, even where the machinery exists, we may question the criteria on which it operates, on which, that is, administra- ‘ive decisions are taken. It used to be generally believed that optimal or near optimal decision-rules were inherent in the modus operandi of private enterprise. Experience has shown, however, that this is not always so, even if we agree to con- sider only private costs and benefits in determining efficiency. still less is it so if we consider social costs and benefits which the market does not value. Many writers, such as LERNER [22], have tried to formulate effective and mutually consistent rules for economic decision-making. These ideas should be followed 1p and as far as possible put into practice. Third, the application of any set of administrative criteria presupposes an adequate flow of information to enable the con- trols to work properly. We must therefore examine the flow of information in the system and ensure that the necessary information is available in the right place at the right time. We must also keep in mind that if a system is to control itself oy virtue of the information that flows in it, this information must not be distorted by interference; if it is, the system will work badly, and if the interference is insistent enough, the system will break down altogether. A good deal of the inform- ation available in any economy comes from the movement of relative prices and costs; without such information, derived either from the working of the market or, in the form of shadow-prices, from the working of a model, the decentrali- sation of decisions is virtually impossible. So we should make ‘he most of price signals as a source of information and should seware of fixing or changing them arbitrarily in the interest of some specific policy, or they will defeat their own purpose. The stop-and-go measures adopted by Britain in recent years for ‘he sake of balancing the balance of payments provide a good ® Stone - pag. 25

Access restriction

Copyright

fullscreen: Girowesen im griechischen Ägypten, enthaltend Korngiro, Geldgiro, Girobanknotariat mit Einschluss des Archivwesens

Monograph

Table of contents

Download

Monograph

Chapter

This page

Image fragment

Citation links

Citation recommendation