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Author : Adrian Wood
Publisher : CUP Archive
ISBN 13 : 9780521207683
Total Pages : 200 pages
Book Rating : 4.2/5 (76 download)
Download or read book A Theory of Profits written by Adrian Wood and published by CUP Archive. This book was released on 1975-11-13 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Muhammad Nejatullah Siddiqi
Publisher : [Bombay : published for] the Faculty of Social Sciences, Aligarh Muslim University [by] Asia Publishing House
ISBN 13 :
Total Pages : 176 pages
Book Rating : 4.F/5 ( download)
Download or read book Recent Theories of Profit written by Muhammad Nejatullah Siddiqi and published by [Bombay : published for] the Faculty of Social Sciences, Aligarh Muslim University [by] Asia Publishing House. This book was released on 1971 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Bates Clark
Publisher :
ISBN 13 :
Total Pages : 490 pages
Book Rating : 4.F/5 ( download)
Download or read book The Distribution of Wealth written by John Bates Clark and published by . This book was released on 1899 with total page 490 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank H. Knight
Publisher : Cosimo, Inc.
ISBN 13 : 1602060053
Total Pages : 401 pages
Book Rating : 4.6/5 (2 download)
Download or read book Risk, Uncertainty and Profit written by Frank H. Knight and published by Cosimo, Inc.. This book was released on 2006-11-01 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Michael Charles Howard
Publisher : London : Macmillan
ISBN 13 :
Total Pages : 248 pages
Book Rating : 4.:/5 (43 download)
Download or read book Profits in Economic Theory written by Michael Charles Howard and published by London : Macmillan. This book was released on 1983 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mark Obrinsky
Publisher : University of Pennsylvania Press
ISBN 13 : 0812292561
Total Pages : 190 pages
Book Rating : 4.8/5 (122 download)
Download or read book Profit Theory and Capitalism written by Mark Obrinsky and published by University of Pennsylvania Press. This book was released on 2015-10-12 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pursuit of profit by business motivates the capitalist economic system. Understanding profits, therefore, especially the source of profits, is essential to an understanding of capitalism. Mark Obrinsky claims that there has never been an adequate profit theory in mainstream economics. To find the source of profits, he argues, one needs to look beyond ownership of the productive factors of land, labor, and capital. Profit Theory and Capitalism makes a sharply reasoned and accessible contribution to critical theory, the history of economic thought, and post-Keynesian theory. Its insights will be of value to all students and theorists working in the area of income distribution.
Author : Michael Howard
Publisher : London : Macmillan
ISBN 13 : 9780333321669
Total Pages : 225 pages
Book Rating : 4.3/5 (216 download)
Download or read book Profits in Economic Theory written by Michael Howard and published by London : Macmillan. This book was released on 1983 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Zubair Hasan
Publisher : Paragon Publishing
ISBN 13 : 1782224416
Total Pages : 194 pages
Book Rating : 4.7/5 (822 download)
Download or read book Theory of Profit with Islamic Directions written by Zubair Hasan and published by Paragon Publishing. This book was released on 2016-07-08 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: THEORY OF PROFIT WITH ISLAMIC DIRECTIONS deals with a controversial and neglected, but nonetheless important subject. Readers will find the narration interesting and innovative, for it does not discuss profit theories of various writers separately in chronological order; instead, it identifies issues in the area and analyses the views of various writers on each to propose restructuring of the theory as per Islamic directions. The issues raised include the definition and seat of profit, the cause of its emergence and sources, the motivational aspects and their impact on allocation of resources and incomes distribution, the nature of profit and the regulatory policy role. The work concludes that the source of prevalent confusion on the subject lies in defining profit as a costs/revenues differential of firms and the insistence that it is exclusively attributable to the entrepreneurs who tend to be vanishing in the modern corporate era. For a reformulation of the theory to get rid of inconsistencies, the work suggests that profit should be viewed only as a cost/revenue differential delinked from reward; the firm – not the entrepreneur – should be the focal point for its study, the surplus beyond normal profit must be shared between capital and labour, subject to a minimum wage constraint, to promote social harmony and distributive justice. This book will appeal to the general reader who is looking for a lucid narration on a topic of common interest. Academics will find it interesting because of its historical updating and novelty of treatment. University students of economics will find this work an invaluable resource.
Author : Julio López G
Publisher : Springer
ISBN 13 : 0230293956
Total Pages : 269 pages
Book Rating : 4.2/5 (32 download)
Download or read book Michal Kalecki written by Julio López G and published by Springer. This book was released on 2010-03-31 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a thorough evaluation of Michal Kalecki's theory of the capitalist economy. It provides readers with a complete view of Kalecki's theory, including his very important writings on the economics of underdeveloped countries.
Author : John Bates Clark
Publisher :
ISBN 13 :
Total Pages : 508 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Distribution of Wealth written by John Bates Clark and published by . This book was released on 1899 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Eugen von Böhm-Bawerk
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610163648
Total Pages : 468 pages
Book Rating : 4.6/5 (11 download)
Download or read book The Positive Theory of Capital written by Eugen von Böhm-Bawerk and published by Ludwig von Mises Institute. This book was released on 1959 with total page 468 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Richard R. Nelson
Publisher : Harvard University Press
ISBN 13 : 9780674041431
Total Pages : 456 pages
Book Rating : 4.0/5 (414 download)
Download or read book An Evolutionary Theory of Economic Change written by Richard R. Nelson and published by Harvard University Press. This book was released on 1985-10-15 with total page 456 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
Author : Donald McLean Lamberton
Publisher : Oxford : Blackwell
ISBN 13 :
Total Pages : 232 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Theory of Profit written by Donald McLean Lamberton and published by Oxford : Blackwell. This book was released on 1965 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: UK. Concepts of profit in economics applied to prices, investments and the market position. Bibliography pp. 200-201.
Author : Joseph A. Schumpeter
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Theory of Economic Development written by Joseph A. Schumpeter and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Schumpeter first reviews the basic economic concepts that describe the recurring economic processes of a commercially organized state in which private property, division of labor, and free competition prevail. These constitute what Schumpeter calls "the circular flow of economic life," such as consumption, factors and means of production, labor, value, prices, cost, exchange, money as a circulating medium, and exchange value of money. The principal focus of the book is advancing the idea that change (economic development) is the key to explaining the features of a modern economy. Schumpeter emphasizes that his work deals with economic dynamics or economic development, not with theories of equilibrium or "circular flow" of a static economy, which have formed the basis of traditional economics. Interest, profit, productive interest, and business fluctuations, capital, credit, and entrepreneurs can better be explained by reference to processes of development. A static economy would know no productive interest, which has its source in the profits that arise from the process of development (successful execution of new combinations). The principal changes in a dynamic economy are due to technical innovations in the production process. Schumpeter elaborates on the role of credit in economic development; credit expansion affects the distribution of income and capital formation. Bank credit detaches productive resources from their place in circular flow to new productive combinations and innovations. Capitalism inherently depends upon economic progress, development, innovation, and expansive activity, which would be suppressed by inflexible monetary policy. The essence of development consists in the introduction of innovations into the system of production. This period of incorporation or adsorption is a period of readjustment, which is the essence of depression. Both profits of booms and losses from depression are part of the process of development. There is a distinction between the processes of creating a new productive apparatus and the process of merely operating it once it is created. Development is effected by the entrepreneur, who guides the diversion of the factors of production into new combinations for better use; by recasting the productive process, including the introduction of new machinery, and producing products at less expense, the entrepreneur creates a surplus, which he claims as profit. The entrepreneur requires capital, which is found in the money market, and for which the entrepreneur pays interest. The entrepreneur creates a model for others to follow, and the appearance of numerous new entrepreneurs causes depressions as the system struggles to achieve a new equilibrium. The entrepreneurial profit then vanishes in the vortex of competition; the stage is set for new combinations. Risk is not part of the entrepreneurial function; risk falls on the provider of capital. (TNM).
Author : Gustav Adolph Kleene
Publisher :
ISBN 13 :
Total Pages : 192 pages
Book Rating : 4.3/5 (91 download)
Download or read book Profit and Wages written by Gustav Adolph Kleene and published by . This book was released on 1916 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michael P. Devereux
Publisher : Oxford University Press
ISBN 13 : 0198808062
Total Pages : 401 pages
Book Rating : 4.1/5 (988 download)
Download or read book Taxing Profit in a Global Economy written by Michael P. Devereux and published by Oxford University Press. This book was released on 2020-09-29 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: The international tax system is in dire need of reform. It allows multinational companies to shift profits to low tax jurisdictions and thus reduce their global effective tax rates. A major international project, launched in 2013, aimed to fix the system, but failed to seriously analyse the fundamental aims and rationales for the taxation of multinationals' profit, and in particular where profit should be taxed. As this project nears its completion, it is becomingincreasingly clear that the fundamental structural weaknesses in the system will remain. This book, produced by a group of economists and lawyers, adopts a different approach and starts from first principles in order to generate an international tax system fit for the 21st century. This approach examines fundamental issues of principle and practice in the taxation of business profit and the allocation of taxing rights over such profit amongst countries, paying attention to the interests and circumstances of advanced and developing countries. Once this conceptual framework is developed, the book evaluates the existing system and potential reform options against it. A number of reform options are considered, ranging from those requiring marginal change to radically different systems. Some options have been discussed widely. Others, particularly Residual Profit Split systems and a Destination Based Cash-Flow Tax, are more innovative and have been developed at some length and in depth for the first time in this book. Their common feature is that they assign taxing rights partly/fully to the location of relatively immobile factors: shareholders or consumers.
Author : Andrew C. Corbett
Publisher : Emerald Group Publishing
ISBN 13 : 1780529015
Total Pages : 326 pages
Book Rating : 4.7/5 (85 download)
Download or read book Entrepreneurial Action written by Andrew C. Corbett and published by Emerald Group Publishing. This book was released on 2012-07-17 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: Volume 14 addresses the central issue of entrepreneurial action: while many factors are important to the phenomenon of entrepreneurship, entrepreneurship does not happen until someone takes action!
