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" But as neither of them is possible, we fall back on the measurement which economics supplies, of the motive or moving force to action: and we make it serve, with all its faults, both for the desires which prompt activities and for the satisfactions that... "
The Journal of political economy - Page 635
1925
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Papers and Proceedings of the Annual Meeting, Volumes 27-28

American Economic Association - 1915 - 706 pages
...general fairly well to anticipations. On this basis he makes the money measure of the strength of motives "serve, with all its faults, both for the desires which prompt activities and for the satisfactions that result from them."5* There is, however, an important difference between the use of money measures...
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Principles of Economics: An Introductory Volume

Alfred Marshall - 1916 - 916 pages
...fall back on the measurement which economics supplies, of the motive or moving force to action: and we make it serve, with all its faults, both for the desires...which prompt activities and for the satisfactions that result from them. (Compare "Some remarks on Utility" by Prof. Pigou in the Economic Journal for...
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Against Mechanism: Protecting Economics from Science

Philip Mirowski - 1988 - 268 pages
...fall back on the measurement which economics supplies of the motive, or moving force to action, and we make it serve with all its faults, both for the desires which prompt activity and for the satisfactions that result from them'" (Maurice Dobb, l937, 27-28). 24. A potential...
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The Backward Art of Spending Money

Wesley Clair Mitchell - 514 pages
...correspond fairly well to anticipations. On this basis he makes the money measure of the strength of motives "serve, with all its faults, both for the desires which prompt activities and for the satisfactions that result from them."57 There is, however, an important difference between the use of money measures...
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Socialism and the Market: Marginalist economics and the socialist economy

Peter J. Boettke - 2000 - 176 pages
...fall back on the measurement which economics supplies of the motive or moving force to action ; and to make it serve, with all its faults, both for the desires...activities and for the satisfactions which result from them " (Principle*, pp. 92-3). 39 diminished; whereas, if equality of reward prevailed, market valuations...
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The Chicago Tradition in Economics 1892-1945

Ross B. Emmett - 2002 - 360 pages
...commodities, may not persist after a change in circumstances has deprived them of their rational basis" — a rather formidable series of qualifications. And...principles, and the undue emphasis of them simply leads to agnosticism."" To assume the lack of disparity between desire and satisfaction is arbitrarily and unwisely...
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