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Languages : en
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Author: Ludwig Von Mises
Publisher: Ludwig von Mises Institute
ISBN: 1610163567
Category : Capitalism
Languages : en
Pages : 59
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Book Description
In 1951, Mises gave an outstanding paper that made the summary case for the price system under capitalistic economic systems. In "Profit and Loss," he explains how cost accounting is the critical institution that ferrets out social waste, ensures that resources are directed to their most highly valued ends, and how entrepreneurs respond to price signals. His presentation is systematic, relentless, logical, and ultimately devastating to the opponents of profit and loss. He explains what it is that entrepreneurs confront in a market economy and how no bureaucratic institution can replicate the trial-and-error process that is at the heart of the market system. He weaves into his analysis the role of the consumer as the final arbiter of what is produced and distributed. Behind Mises's presentation was a burning desire to not only persuade the world but the attendees of the Mont Pelerin Society meeting in particular, whom Mises suspected were losing touch with core truths about the market order. The great merit of this essay is its brevity and passion. It explains the workings of what most people never think about or take for granted. Graduate students of economics have appreciated this essay for many years as the best summary of the technical side of the market. -- from Mises Institute website
Author: Herbert Grant Stockwell
Publisher:
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Category : Accounting
Languages : en
Pages : 428
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Author: Frank H. Knight
Publisher: Cosimo, Inc.
ISBN: 1602060053
Category : Business & Economics
Languages : en
Pages : 401
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A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.
Author: Robert L. Sexton
Publisher: SAGE Publications
ISBN: 1544339453
Category : Business & Economics
Languages : en
Pages : 1490
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The excitement of learning economics for the first time. The experience of a lifetime of teaching it. The Eighth Edition of Exploring Microeconomics captures the excitement of learning microeconomics for the first time through a lively and encouraging narrative that connects microeconomics to the world in a way that is familiar to readers. Author Robert L. Sexton draws on over 25 years of teaching experience to capture readers’ attention, focusing on core concepts and expertly weaving in examples from current events and popular culture to make even classic economic principles modern and relatable. The text sticks to the basics and applies a thoughtful learning design, segmenting its presentation into brief, visually appealing, self-contained sections that are easier for readers to digest and retain compared to sprawling text. Thoughtfully placed section quizzes, interactive summaries, and problem sets help readers check their comprehension at regular intervals and develop the critical thinking skills that will allow them to “think like economists.” Exploring Microeconomics will ignite readers’ passion for the field and reveal its practical application in the world around them.
Author: Robert L. Sexton
Publisher: SAGE Publications
ISBN: 1544336306
Category : Business & Economics
Languages : en
Pages : 1241
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Book Description
The excitement of learning economics for the first time. The experience of a lifetime of teaching it. The Eighth Edition of Exploring Economics captures the excitement of learning economics for the first time through a lively and encouraging narrative that connects economics to the world in a way that is familiar to students. Author Robert L. Sexton draws on over 25 years of teaching experience to capture students’ attention, focusing on core concepts and expertly weaving in examples from current events and popular culture to make even classic economic principles modern and relatable. The text sticks to the basics and applies a thoughtful learning design, segmenting its presentation into brief, visually appealing, self-contained sections that are easier for students to digest and retain compared to sprawling text. Thoughtfully placed section quizzes, interactive summaries, and problem sets help students check their comprehension at regular intervals and develop the critical thinking skills that will allow them to "think like economists." Combined with a complete teaching and learning package, Exploring Economics is sure to help you ignite your students’ passion for the field and reveal its practical application in the world around them.
Author: Bruce Davis
Publisher: Brick Cave Media
ISBN: 1938190890
Category : Fiction
Languages : en
Pages : 98
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Book Description
Enjoy these three shorts set in the universe of The Profit Logbooks, the compelling and action packed science fiction series from Bruce Davis. The Profit was living up to her name for the first time since Zack Mbele had stolen her from the Martian Navy in the chaos at the end of the Reunification War. He was earning a good living for my crewmates, and himself, and it was all honest money. It was what Cleo had always wanted – a home built on a stable business. Zack once thought it was what he wanted, too. So why did it chafe on him so? On Highpoint after a successful charter job, Zack decides to look up Akira Kensai, an old acquaintance. But Akira is dead and his brother, Tanaka Kensai, turns to Zack for help in solving the mystery of his death. When people start dying, Zack realizes the plot is bigger than just the death of one honest man, especially when Zack's old enemy, Kwai Hong is involved. Meanwhile, Deuce rediscovers an old lover. Grace is now a torch singer in a high class bar on Highpoint's Promenade. But Deuce knows her from old and still loves her, even if her past is full of hidden dangers.
Author:
Publisher: Ludwig von Mises Institute
ISBN: 1610164318
Category :
Languages : en
Pages : 953
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Book Description
Author: Thomas C. Taylor
Publisher: Ludwig von Mises Institute
ISBN: 1610164245
Category : Austrian school of economics
Languages : en
Pages : 100
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Book Description
Author: Shawn Ritenour
Publisher: Ludwig von Mises Institute
ISBN: 1610166701
Category : Business & Economics
Languages : en
Pages : 544
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