Monday, October 21, 2013

The Economics of Enterprise by Herbert J. Davenport

Status: One Round of QC (10.21.2013)


This EPUB was requested by hobochangba

Fix Notes:

Page 14: par. 1: intellectual

And in the main, also, as has already been suggested, these modifications are of the intellectural rather than the physical type; and especially is this the case for such modifications as are advantageous.

Page 132: par. 0: entrepreneur

But any of these pieces of property the enterpreneur may hire or buy: and the outlays therefore rank then as one more item of cost within his aggregate of costs.

Page 203: par. 1: suburban

Developing urban and surburban transportation have, then, been effective to extend the city over a much wider area, greatly limiting the rise of rents upon inside residence sites and greatly enhancing the rental values of outside properties.

Page 237: par. 1: dictate

Each man would then, as his necessities should dicate, be employing not one medium, but various different media of exchange, as intermediate between his original wares for sale

Page 268: par. 1: maximum

So what one will at the outside pay for food or shelter or clothing is a maximum which is valid solely by virtue of the fact that other things can be had at prices far below the maxmium which each taken separately might command.

Page 301: par. 3: comma should be period

Money complicates the problem, — But, after all, the fact that there is a money intermediate has something to do with the problem.

Page 321: par. 2: according

In the United States, accordimg to the government report of August 1, 1912, 47 per cent of a total circulation of 3277 millions of dollars, was gold either as coin or as gold certificates.

Page 443: bottom par.: proportions

[...] but that always the discussion has limited itself to the porportions in which labor, or machinery, or wage outlays, as particular expense or as aggregate expense, are applied to land [...]

Page 444: bottom par.: merely

It has also been shown that the recognition of this broad and general Law of Proportions not nerely compels the abandonment of the distinction between land and capital, but compels also [...]

Page 447: very last sentence: distinction

The very impossibility of making precise destinction between what is technological and what is not, must somewhat discredit the distinction as a basis of classification.

Page 458: last sentence: instruments

If, then, classification be made to depend on technological relations, and only that be called land which competes with land, and only those intruments called capital, as distinguished from land, that are complementary to land and that tend to make land relatively scarce, no one can now know, or is certain ever to know, whether to call a freight car land or capital.

Page 463: par. 1: monopoly

Monopoly and cost. — The necessities of the present analysis compel immediate reference to reasonings belonging in strictness to monoply theory:

Page 468: par. 1: emergency

With falling rates of interest, also, this balance of gain from emergencey plants becomes doubtless somewhat more marked.

Page 522: par. 1: importance

The land rent problem is not a problem of diminishing inportance, but of enormously increasing importance — all on the urban side.

Page 530: par. 0: consumers

[...] that land rents have no part with other costs in fixing the prices that com-sumers must pay; and that since these lands harmlessly earn their rents, the rents from them may rightly go to private owners.

Page 535: Index: "Boehm-Bawerk, Eugen v." should be "Böhm-Bawerk, Eugen v."


Throughout the book, it flip flops between normal sized text and very small text... can you make sense out of the reasoning? I did not add the smaller text to the EPUB. (There are MANY more pages than this):

Page 143-144
Page 153
Page 291
Page 298
Page 380
Page 401
Page 474-476

Throughout the book, there are also many odd margin spacings between paragraphs. I added all the weird spacings into the EPUB. (There are MANY more pages than this):

Page 532

I am not too sure on the indentation in the Index.

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