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Economic essays

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fullscreen: Economic essays

Monograph

Identifikator:
1753623200
URN:
urn:nbn:de:zbw-retromon-136107
Document type:
Monograph
Title:
Economic essays
Place of publication:
New York
Publisher:
Macmillan
Year of publication:
1927
Scope:
viii, 368 S.
Ill., graph. Darst.
Digitisation:
2021
Collection:
Economics Books
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Chapter

Document type:
Monograph
Structure type:
Chapter
Title:
The static state and the technology of economic reform / Thomas Nixon Carver
Collection:
Economics Books

Contents

Table of contents

  • Economic essays
  • Title page
  • Contents
  • John Bates Clark as an economist / Jacob H. Hollander
  • Static economics and business forecasting / Benjamin M. Anderson, Jr.
  • The enterpreneur and the supply of capital / George E. Barnett
  • The malthusiad fantasia economica / James Bonar
  • The static state and the technology of economic reform / Thomas Nixon Carver
  • The relation between statics and dynamics / John Maurice Clark
  • Elasticity of supply as a determinant of distribution / Paul H. Douglas
  • Land economics / Richard T. Ely
  • Clark's reformulation of the capital concept / Frank A. Fetter
  • A statistical method for measuring "marginal utility" and testing the justice of a progressive income tax / Irving Fisher
  • Alternatives seen as basic economic facts / Franklin H. Giddings
  • Les cooperatives dans les pays latins un probléme de géographie sociale / Charles Gide
  • The farmers' indemnity / Alvin S. Johnson
  • Eight-hour theory in the american federation of labor / Henry Raymond Mussey
  • The holding movement in agriculture / Jesse E. Pope
  • The early teaching of economics in the United States / Edwin R.A. Seligman
  • A functional theory of economic profit / Charles A. Tuttle

Full text

38 ECONOMIC ESSAYS IN HONOR OF JOHN BATES CLARK 
everybody upward in the scale of occupations, then no occupation 
or class of occupations can possibly be congested. 
This does not assume, of course, that low mentality can ever 
be trained sufficiently for the highest intellectual occupations. It 
merely means that men in every grade of natural mentality may 
be so trained as to fit them for slightly higher occupations than 
they would be fitted for without education or training. Even a 
moderate efficiency in an educational system would produce pro- 
found changes of this kind, that is, it would thin out the numbers 
that were compelled to follow the lowest grade of occupations 
and increase the numbers that were available for the highest or 
most highly paid occupations. 
This may be illustrated by the following hypothetical table. 
DISTRIBUTION OF WORKING PoPULATION AMONG INDUSTRIAL GROUPS 
Resulting Distribu- 
tion of Workers in a 
Country with Popu- 
lar Education 
Per Cent 
Q 
A 
B 
C 
D 
E 
16 
32 
40 
100 
17 
21 
36 
20 
100 
Even though hypothetical it is sufficient to illustrate the principle. 
In this table we shall grade the occupations into five groups 
according to the degree of mentality required in each.” In group 
A we shall include the highest grade of occupations, that is, 
those in which properly qualified men are scarce and highly 
paid. In Group E we shall include the lowest,—those in which 
properly qualified men are most abundant and most poorly paid. 
The other groups are arranged between these two extremes. Let 
as assume that, in the absence of a system of popular education, 
only 4 per cent of the working population would be fitted for the 
occupations in Group A, 8 per cent for Group B, 16 per cent for 
Group C, 32 per cent for Group D, and 40 per cent for Group E. 
This inequality in the occupational distribution of the population 
would normally produce a wide inequality in the incomes of the 
different groups. Those in Group A would normally receive 
: ae Carver and Hall, Human Relations. D. C. Heath & Co., 1923, 
D.
	        

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