Die Reichsbank 1876 bis 1910

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Monograph

Identifikator:: 1029903190

URN:: urn:nbn:de:zbw-retromon-70312

Document type:: Monograph

Title:: Die Reichsbank 1876 bis 1910

Place of publication:: Berlin

Publisher:: Kommissionsverlag von Gustav Fischer

Year of publication:: 1912

Scope:: 1 Online-Ressource (VIII, 251 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Contents

Collection:: Economics Books

20 POLITICAL ECONOMY an all-embracing theory. The method de veloped by Dr. Marshall may be called the marginal method ; and associated with it in the most convincing modern speculations is the conception of individual experience, and even of society, as an organic whole. The two chief notions in economic theory to-day consist in seeing each item of experience as in contin uous relation with the rest of experience, and in explaining the definite results reached in economic affairs—the consequences of demand and supply, to use the expression sanctified by long usage—as largely brought about by the differences made to the totality of experi ence by the final activities of producing and consuming. It is difficult to expound these notions in brief, but their import will be brought out in each of the succeeding chapters of this book. On completing his perusal of what follows, the reader who returns again to this page will see on the instant what its vague phrases mean. In the technical lang uage of mathematics the chief part of the explanation of economic value, whether revealed in the prices of goods or the rates of international exchange, or the level of wages or the amount of interest, is to be found in the differentiation of economic experience —in observing the differences made to the

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