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Author: Alec Lawrence Macfie
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0
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Book Description
Author: Samuel A. Chambers
Publisher: punctum books
ISBN: 1947447890
Category : Business & Economics
Languages : en
Pages : 168
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Book Description
Every Economics textbook today teaches that questions of values and morality lie outside of, are in fact excluded from, the field of Economics and its proper domain of study, "the economy." Yet the dominant cultural and media narrative in response to major economic crisis is almost always one of moral outrage. How do we reconcile this tension or explain this paradox by which Economics seems to have both everything and nothing to do with values? The discipline of modern economics hypostatizes and continually reifies a domain it calls "the economy"; only this epistemic practice makes it possible to falsely separate the question of value from the broader inquiry into the economic. And only if we have first eliminated value from the domain of economics can we then transform stories of financial crisis or massive corporate corruption into simple tales of ethics. But if economic forces establish, transform, and maintain relations of value then it proves impossible to separate economics from questions of value, because value relations only come to be in the world by way of economic logics. This means that the "positive economics" spoken of so fondly in the textbooks is nothing more than a contradiction in terms, and as this book demonstrates, there's no such thing as "the economy." To grasp the basic logic of capital is to bring into view the unbreakable link between economics and value.
Author: Alec Lawrence Macfie
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 0
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Book Description
Author: Israel M. Kirzner
Publisher: Ludwig von Mises Institute
ISBN: 161016282X
Category : Economics
Languages : en
Pages : 252
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Book Description
Author: Alec Lawrence Macfie
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 142
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Book Description
Author: V. K. Dmitriev
Publisher: Cambridge University Press
ISBN: 9780521202534
Category : Business & Economics
Languages : en
Pages : 242
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Book Description
Author: Richard Cantillon
Publisher: Ludwig von Mises Institute
ISBN: 1610164601
Category : Commerce
Languages : en
Pages : 254
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Book Description
Author: John Elliott Cairnes
Publisher:
ISBN:
Category : Bimetallism
Languages : en
Pages : 392
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Book Description
Author: Nicholas Kaldor
Publisher: New York : Holmes & Meier Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 276
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Book Description
Author: John Ruskin
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 146
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Book Description
Author: Franklin M. Fisher
Publisher: Academic Press
ISBN: 1483271153
Category : Business & Economics
Languages : en
Pages : 134
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Book Description
The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change is concerned with the effects of consumer taste, product quality, and technological change on price indices. Special attention is paid on technological change in the simple two-sector production model of Rybczynski and Uzawa. The effects of the general case of changing factor supplies and factor-augmenting change on the real national output deflator are also examined. Comprised of two essays, this book begins with an analysis of the pure theory of the true cost-of-living index, which may be considered as an idealization of indices like the consumer price index and others of that type. The essay explores how the true cost-of-living index is affected by changes in consumer taste, quality changes in purchased goods, and the introduction of new goods into the market place. The second essay deals with the pure theory of the national output deflator and provides a foundation for the measurement of real national output (or product). It shows that the usual inequalities relating Paasche and Laspeyres to the true index are reversed (from what they are in cost-of-living theory) for the case of production. It also assesses the implications of changing production possibilities caused by technological change or a change in factor supplies. This monograph will be a useful resource for mathematicians, economists, and others interested in economic theory and mathematical economics.
