The Trend of EconomicsAlfred A. Knopf, 1924 - 556 páginas |
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Página 16
... utility . Even the phrase ' marginal utility ' is definitely abandoned . " But one finds as he reads Professor Fetter's book that the quite new theory of value is followed by the familiar doctrines of prices , rent , wages , interest ...
... utility . Even the phrase ' marginal utility ' is definitely abandoned . " But one finds as he reads Professor Fetter's book that the quite new theory of value is followed by the familiar doctrines of prices , rent , wages , interest ...
Página 77
... marginal utility are even more clearly tautological . Our old friend , the " economic man " is becom- ing very self - conscious and bafflingly non - committal . Instead of in- troducing himself to his readers with his old time freedom ...
... marginal utility are even more clearly tautological . Our old friend , the " economic man " is becom- ing very self - conscious and bafflingly non - committal . Instead of in- troducing himself to his readers with his old time freedom ...
Página 82
... utility . Akin to this is the concept of marginal utility , which was bound to come from the moment the early economists compared gold and iron , or coal and diamonds , and concluded that value and utility were not quantitatively ...
... utility . Akin to this is the concept of marginal utility , which was bound to come from the moment the early economists compared gold and iron , or coal and diamonds , and concluded that value and utility were not quantitatively ...
Página 83
Morris Albert Copeland Rexford Guy Tugwell. the older blank negative , the doctrine of marginal utility expresses a truth , partial , and expressed with a mathematical exactness not found in nature , but nevertheless important . The ...
Morris Albert Copeland Rexford Guy Tugwell. the older blank negative , the doctrine of marginal utility expresses a truth , partial , and expressed with a mathematical exactness not found in nature , but nevertheless important . The ...
Página 97
... marginal utility economics to the earlier classical proposition that individuals can choose for themselves - not with absolute accuracy— but better than any government agent can do it for them . This is a theory of relativity rather ...
... marginal utility economics to the earlier classical proposition that individuals can choose for themselves - not with absolute accuracy— but better than any government agent can do it for them . This is a theory of relativity rather ...
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Adam Smith Agassiz Amer American Economic Association analysis applied assumption behavior business cycle capital cause Columbia University competition conception conclusions consciousness consumers coöperation cost deductive demand desire differential advantage distribution Econ economic theory economists effect efficiency ethical experimental economics fact factors field forces functional hedonism human important incentives income increase individual inductive industry institutions interest Jour knowledge labor laws less limited logical marginal utility marginalists means measure ment method modern motives natural law nature nomic objective opportunity cost organization output pecuniary perfect competition phenomena Political Economy possible practical present principles probability problems profits psychology quantitative question reason regulation relations scientific scientists social society standard statistical supply theorists things tion true truth University utility value theory wages wealth welfare welfare economics workers