Author: T. C. Banfield

Publisher:

Published: 2015-06-28

Total Pages: 226

ISBN-13: 9781330453292

DOWNLOAD EBOOK

Excerpt from The Organization of Industry: Explained in a Course of Lectures, Delivered in the University of Cambridge in Easter Term, 1844 The chief desire of the author of the following Lectures was to call attention to the opinions recently promulgated by some continental Economists. This subject has grown upon him as he proceeded, and he has perhaps deduced more from the positions of those authors when combined, than they ventured to attach to them while they remained isolated. M. de Rossi's assertion, that value is essentially subjective, or conferred by the estimating party rather than an inherent quality in the object valued, causes a total revolution in economical science. It makes the wants, the tastes and the feelings of men the standard of value, whose exponent is then to lie sought in the extent to which an object is consumed. This view demands of producers at least as much attention to the physical and mental improvement of their consuming fellow-citizens as to the mechanical operations by which production is promoted. The second novel proposition to the English reader contained in these lectures, is M. Hermann's adoption of the relations that grow up between man and man, as a portion of the wealth and capital both of individuals and of nations. This is indeed a natural sequence of the former proposition, which it illustrates and completes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Download or read book The Organization of Industry written by T. C. Banfield and published by . This book was released on 2015-06-28 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Organization of Industry: Explained in a Course of Lectures, Delivered in the University of Cambridge in Easter Term, 1844 The chief desire of the author of the following Lectures was to call attention to the opinions recently promulgated by some continental Economists. This subject has grown upon him as he proceeded, and he has perhaps deduced more from the positions of those authors when combined, than they ventured to attach to them while they remained isolated. M. de Rossi's assertion, that value is essentially subjective, or conferred by the estimating party rather than an inherent quality in the object valued, causes a total revolution in economical science. It makes the wants, the tastes and the feelings of men the standard of value, whose exponent is then to lie sought in the extent to which an object is consumed. This view demands of producers at least as much attention to the physical and mental improvement of their consuming fellow-citizens as to the mechanical operations by which production is promoted. The second novel proposition to the English reader contained in these lectures, is M. Hermann's adoption of the relations that grow up between man and man, as a portion of the wealth and capital both of individuals and of nations. This is indeed a natural sequence of the former proposition, which it illustrates and completes. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.