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ASHLEY, William James was born in 1860 in London, England.
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903. Excerpt: ... CHAPTER IV. THE OUTLOOK UNDER THE PRESENT POLICY. In endeavouring to state the outlook for British industry under the present policy, I must begin by invoking one or two well-known economic principles. Over against the "law" or "principle" of "diminishing returns" in agriculture, many economists have been in the habit of setting up "a law of increasing returns" in manufacturing industry. We need not stop to consider how far these two principles are comparable, or in what sense either of them can be called a "law." All that we need do is to accept the generalisation from observed fact that, speaking generally, the larger the scale in many industries on which manufacturing operations are carried on--the greater the investment of capital--the larger will be the proportionate output and the larger the profitableness of the undertaking. How this is brought about varies from case to case. In some cases the bigger scale of operations enables the raw materials to be obtained more advantageously, in some it secures cheaper transportation, in some it allows of a more perfect division of labour, in some it enables the produce to be more advantageously marketed. To drop the phraseology of professors and use the language of men of affairs: "One essential for cheap production is magnitude." An example may be added from the same source: "Concerns making one thousand tons of steel per day have little chance against one making ten."1 German economists have of late been elaborately comparing the natural situation of their own country and the United States in relation to the supplies and location of iron ore and coal; and have tried to persuade themselves that after all their country is not so much worse off than the United States, if at all. English economists might do the...
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(The following lectures are printed substantially as they ...)
The following lectures are printed substantially as they were delivered in the fortnight before Christmas 1912, as part of the general lecture system attached to the Colonial Institute of Hamburg. They are on the lines of a brief course which I have been in the habit of giving for the last few years at the University of Birmingham. For the purpose which I have had in view, I hope the brevity of this book will be regarded as a merit. I venture to think it may be of some advantage to those who approach for the first time the subject of English economic history, to be furnished with a narrative which gives them a general notion of a great part of the ground to be covered and of many of the topics they will have to consider. Edgbaston, A pril 1914. (Typographical errors above are due to OCR software and don't occur in the book.) About the Publisher Forgotten Books is a publisher of historical writings, such as: Philosophy, Classics, Science, Religion, History, Folklore and Mythology. Forgotten Books' Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the aged text. Read books online for free at www.forgottenbooks.org
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ASHLEY, William James was born in 1860 in London, England.
Bachelor of Arts University Oxford, 1881.
Economic historian with direct ties to the German Historical School. At Oxford as a student and private tutor, he fell under the influence of Arnold Toynbee. He held that the principles of orthodox economics were not universally true and that modifications or fresh theories were needed for different societies and different times.
Thus is the context of his own times, he favoured State action to assist trade unions and factory legislation, whilst supporting Joseph Chamberlains imperial preference policies.
In Economic Organisation., he wrote in favour of a corporativist system in which industry and labour both take on a corporative character and are regulated by the State in the interests of the whole community. Professor Political Economics, Constitutional History, University Toronto, 1888-1892.
Professor Economics History, Harvard University, 1892-1901. Professor Commerce, University Birmingham, 1901-1925.
(This book, "Protection's brood a presentation of the dire...)
(The following lectures are printed substantially as they ...)
(The following lectures are printed substantially as they ...)
(Unlike some other reproductions of classic texts (1) We h...)
( This work has been selected by scholars as being cultur...)
( This work has been selected by scholars as being cultur...)
(This is a pre-1923 historical reproduction that was curat...)
(This historic book may have numerous typos and missing te...)
(This historic book may have numerous typos and missing te...)
(This is a reproduction of a book published before 1923. T...)
(Lang:- English, Vol:- pt~ 2, Pages 252. Reprinted in 2015...)
(Lang:- English, Vol:- pt~ 2, Pages 252. Reprinted in 2015...)
(Lang:- English, Pages 233. Reprinted in 2015 with the hel...)
(Lang:- English, Pages 233. Reprinted in 2015 with the hel...)
(Lang:- eng, Pages 258. Reprinted in 2015 with the help of...)