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In 1935, the National Bureau of Economic Research invited a consortium of universities to join with it in establishing a “program of
cooperative research” in the area of economic measurement. The
Co...
Democracy,War,and Wealth:Lessons from Two Centuries of Inheritance Taxation
Democracy War Wealth Two Centuries of Inheritance Taxation
2015/6/5
In this article we use an original data set to provide the first empirical analysis of the political economy of inherited wealth taxation that covers a significant number of countries and a long time ...
Exponential wealth distribution in a random market. A rigorous explanation
economic gas-like initial wealth wealth distribution
2011/3/31
In simulations of some economic gas-like models, the asymptotic regime shows an exponential wealth distribution, independently of the initial wealth distribution given to the system. The appearance of...
Economic Growth and Unequal Wealth Distribution: A Dynamic Approach
Economic Growth Unequal Wealth Distribution
2009/7/23
This article surveys various equity-based arguments from Marx to Rawls, in
favour of income redistribution by means of public policy. Political explanations, the role
of luck versus merit and the pr...
Regulation and the Wealth of Nations: The Connection between Government Regulation and Economic Progress
Wealth Nations Government Regulation
2009/7/23
Adam Smith’s main message is that when unregulated, undistorted rewards
are higher in one activity than another, economic progress is usually promoted
if resources flow toward the high-return use. A...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter XI Of the Rent of Land
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
1Rent, considered as the price paid for the use of land, is naturally the highest which the tenant can afford to pay in the actual circumstances of the land. In adjusting the terms of the lease, the l...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter X Of Wages and Profit in the Different Employments of Labour and Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The whole of the advantages and disadvantages of the different employments of labour and stock must, in the same neighbourhood, be either perfectly equal or continually tending to equality. If in the ...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter IX Of the Profits of Stock
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Stock
2009/2/12
The rise and fall in the profits of stock depend upon the same causes with the rise and fall in the wages of labour, the increasing or declining state of the wealth of the society; but those causes af...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VIII Of the Wages of Labour
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Labour
2009/2/12
In that original state of things, which precedes both the appropriation of land and the accumulation of stock, the whole produce of labour belongs to the labourer.*1 He has neither landlord nor master...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VII Of the Natural and Market Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Market
2009/2/12
There is in every society or neighbourhood an ordinary or average rate both of wages and profit in every different employment of labour and stock. This rate is naturally regulated, as I shall show her...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter VI Of the Component Parts of the Price of Commodities
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密
2009/2/12
In that early and rude state of society which precedes both the accumulation of stock and the appropriation of land, the proportion between the quantities of labour necessary for acquiring different o...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter V Of the Real and Nominal Price of Commodities, or of their Price in Labour, and their Price in Money
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Money
2009/2/12
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniencies, and amusements of human life.*1 But after the division of labour has once thoroughly t...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter IV Of the Origin and Use of Money
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Money
2009/2/12
When the division of labour has been once thoroughly established, it is but a very small part of a man's wants which the produce of his own labour can supply. He supplies the far greater part of them ...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter III That the Division of Labour is Limited by the Extent of the Market
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Market
2009/2/12
1As it is the power of exchanging that gives occasion to the division of labour, so the extent of this division must always be limited by the extent of that power, or, in other words, by the extent of...
《An Inquiry into the Nature and Causes of the Wealth of Nations》Book I Chapter II Of the Principle which gives Occasion to the Division of Labour
An Inquiry into the Nature and Causes of the Wealth of Nations 国富论 Adam Smith 亚当·斯密 Labour
2009/2/12
This division of labour, from which so many advantages are derived, is not originally the effect of any human wisdom, which foresees and intends that general opulence to which it gives occasion.*41 It...