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Author : Milton M. Shapiro
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610162854
Total Pages : 426 pages
Book Rating : 4.6/5 (11 download)
Download or read book Foundations of the Market Price System written by Milton M. Shapiro and published by Ludwig von Mises Institute. This book was released on 1985 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Milton M. Shapiro
Publisher :
ISBN 13 : 9781610160650
Total Pages : 396 pages
Book Rating : 4.1/5 (66 download)
Download or read book Foundations of the Market Price System written by Milton M. Shapiro and published by . This book was released on 2007 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Murray Rothbard just loved this Austrian text on microeconomic theory. In fact, he thought it was the best text available - except that it has only been sporadically available since it was first published in 1974. It is characterized by a strong pedagogical drive, a logical precision, and an excellent presentation that competes directly with mainstream alternatives except that this one follows Rothbardian logic. The typesetting is from a typewriter, which is unfortunate, but it is nonetheless very clear, as are the graphical expositions. This reprint preserves the original.
Author : Esteban F. Thomsen
Publisher : Routledge
ISBN 13 : 1134915578
Total Pages : 159 pages
Book Rating : 4.1/5 (349 download)
Download or read book Prices and Knowledge written by Esteban F. Thomsen and published by Routledge. This book was released on 2002-01-22 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of information economics has lead to a substantial re-consideration of the role of prices. Instead of the conventional neo-classical view of prices as straightforward indicators of scarcity, information economics emphasises that prices can be sources from which agents infer information and means by which they communicate. Prices and Knowledge analyses different theoretical approaches to the role of prices in situations of imperfect information. It shows that whilst the `informational efficiency' approach of Grossman and Stiglitz and the `bounded rationality theory' of Nelson and Simon are useful, neither goes far enough in considering situations of disequilibrium.
Author : Israel Mayer Kirzner
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610160290
Total Pages : 340 pages
Book Rating : 4.6/5 (11 download)
Download or read book Market Theory and the Price System written by Israel Mayer Kirzner and published by Ludwig von Mises Institute. This book was released on 2007 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization exceptional. He takes the reader through the foundations of individual action, exchange, utility, demand and supply, production, and the market process itself. Had it been in print, it would have schooled generations in Austrian price theory, and it is surely useful in the classroom today, or for general reading. Not a collection of essays, it is an integrated presentation from top to bottom, written early in Kirzner's post-doctoral career.
Author : Paul Milgrom
Publisher : Columbia University Press
ISBN 13 : 023154457X
Total Pages : 222 pages
Book Rating : 4.2/5 (315 download)
Download or read book Discovering Prices written by Paul Milgrom and published by Columbia University Press. This book was released on 2017-05-23 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With just an air traffic controller, however, limited resources can be wasted or poorly used. What’s needed in this and many other real-world cases is an auction system that can effectively reveal prices while still maintaining enough direct control to ensure that complex constraints are satisfied. In Discovering Prices, Paul Milgrom—the world’s most frequently cited academic expert on auction design—describes how auctions can be used to discover prices and guide efficient resource allocations, even when resources are diverse, constraints are critical, and market-clearing prices may not even exist. Economists have long understood that externalities and market power both necessitate market organization. In this book, Milgrom introduces complex constraints as another reason for market design. Both lively and technical, Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for dealing with the world’s growing complex resource-allocation problems.
Author : Virgil Henry Storr
Publisher : Routledge
ISBN 13 : 0415777461
Total Pages : 170 pages
Book Rating : 4.4/5 (157 download)
Download or read book Understanding the Culture of Markets written by Virgil Henry Storr and published by Routledge. This book was released on 2013 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contemporary Black American Cinema offers a fresh collection of essays on African American film, media, and visual culture in the era of global multiculturalism. Integrating theory, history, and criticism, the contributing authors deftly connect interdisciplinary perspectives from American studies, cinema studies, cultural studies, political science, media studies, and Queer theory. This multidisciplinary methodology expands the discursive and interpretive registers of film analysis. From Paul Robeson's and Sidney Poitier's star vehicles to Lee Daniels's directorial forays, these essays address the career legacies of film stars, examine various iterations of Blaxploitation and animation, question the comedic politics of "fat suit" films, and celebrate the innovation of avant-garde and experimental cinema.
Author : Robert Dorfman
Publisher :
ISBN 13 :
Total Pages : 170 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Price System written by Robert Dorfman and published by . This book was released on 1964 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains theoretical concepts of information, decision and control, relating the analytic apparatus of economics to practices of businessmen, accountants, and everyday consumers.
Author : Harry Townsend
Publisher : Routledge
ISBN 13 : 1134809735
Total Pages : 220 pages
Book Rating : 4.1/5 (348 download)
Download or read book Foundations of Business Economics written by Harry Townsend and published by Routledge. This book was released on 2002-01-08 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foundatioins of Business Economics explains microeconomic analysis in terms of real business situations. The underlying theme of the book is the way in which markets link together interdependent activities and how they confront and solve problems of information. The book covers a wide range of issues, including *The economic way of thinking *The Business environment *Product markets *Market failure *Factor markets *General equilibrium Theory is developed carefully but with a light touch and mathematics kept to a minimum, making the book easily accessible. It will be particularly valuable for those students whose interests lie on the human side of industry. explanation of microeconomic analysis in terms of real business practice. The author examines the way markets link together interdependent economic activities and provides general equilibrium models of the entire economic system.
Author : Frank Machovec
Publisher : Routledge
ISBN 13 : 1134820224
Total Pages : 590 pages
Book Rating : 4.1/5 (348 download)
Download or read book Perfect Competition and the Transformation of Economics written by Frank Machovec and published by Routledge. This book was released on 1995-05-04 with total page 590 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank Machovec argues that the assumption of perfect information has done untold economic damage. It has provided the rationale for active state intervention and has obscured the extent to which entrepreneurial activity depends upon the exploitation of asymmetric information.
Author : Alberto Martinez Piedra
Publisher : Lexington Books
ISBN 13 : 9780739109496
Total Pages : 226 pages
Book Rating : 4.1/5 (94 download)
Download or read book Natural Law written by Alberto Martinez Piedra and published by Lexington Books. This book was released on 2004 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author Alberto M. Piedra lucidly illustrates the notion of 'natural law' through the examination of economic, social, political, and cultural issues. In this work Piedra draws on classical and Christian sources as well as his personal experience as an economist, diplomat, and lecturer on world politics to address philosophical views in a constructive and morally guided exegesis of natural law and economics. This innovative book shows the value of appeals to a governing, natural law and attendant principles such as the common good, subsidiarity, hierarchy, spiritual welfare, the reciprocity of freedom and authority, and the cultivation of personal moral and intellectual virtue. Natural Law will appeal to scholars, professionals, and others interested in the cultivation of personal moral and intellectual virtue.
Author : Pascal Bridel
Publisher : Taylor & Francis
ISBN 13 : 1040236324
Total Pages : 397 pages
Book Rating : 4.0/5 (42 download)
Download or read book The Foundations of Price Theory Vol 5 written by Pascal Bridel and published by Taylor & Francis. This book was released on 2024-10-28 with total page 397 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price theory has always been and still is at the heart of economic theory. Concentrating on the primary literature, this set brings together texts of the many and often conflicting intelectual endeavours to solve this difficult economic issue.
Author : Robert Dorfman
Publisher : Prentice Hall
ISBN 13 : 9780136996118
Total Pages : 274 pages
Book Rating : 4.9/5 (961 download)
Download or read book Prices and Markets written by Robert Dorfman and published by Prentice Hall. This book was released on 1978 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The task of economics; Supply and demand; Behind the supply curves; Behind the cost curves: production choices and costs; Behind the demand curves; Monopoly and oligopoly; Economic efficiency; The operation of the price system; The distribution of income.
Author : Pascal Bridel
Publisher : Taylor & Francis
ISBN 13 : 1040241646
Total Pages : 381 pages
Book Rating : 4.0/5 (42 download)
Download or read book The Foundations of Price Theory Vol 2 written by Pascal Bridel and published by Taylor & Francis. This book was released on 2024-08-01 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price theory has always been and still is at the heart of economic theory. Concentrating on the primary literature, this set brings together texts of the many and often conflicting intelectual endeavours to solve this difficult economic issue.
Author : Sergei Komlev
Publisher : Anthem Press
ISBN 13 : 178527340X
Total Pages : 167 pages
Book Rating : 4.7/5 (852 download)
Download or read book Foundations of Natural Gas Price Formation written by Sergei Komlev and published by Anthem Press. This book was released on 2020-09-25 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: ‘Foundations of Natural Gas Price Formation’ examines the fundamentals of natural gas price formation and the five principal features that make it unique in the world of commodities. It presents a model of hybrid gas pricing developed by Sergei Komlev from his detailed analysis of the interlinked impact of these features that is presented as a corrective to potential market failure. Using mainstream economic theory, the book presents hybrid-pricing mechanisms not previously analyzed. Through a failure to understand the role of hybrid-pricing, boosters of spot pricing mechanisms through gas hubs are promoting an incorrect understanding of gas markets that will lead to market failure and to potential critical supply shortages in the near-term future. ‘Foundations of Natural Gas Price Formation’ defends the system of oil-indexed pricing as an accurate, market-based mechanism that has stood the test of time.
Author : Steven Shavell
Publisher : Harvard University Press
ISBN 13 : 0674043499
Total Pages : 760 pages
Book Rating : 4.6/5 (74 download)
Download or read book Foundations of Economic Analysis of Law written by Steven Shavell and published by Harvard University Press. This book was released on 2009-07-01 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: What effects do laws have? Do individuals drive more cautiously, clear ice from sidewalks more diligently, and commit fewer crimes because of the threat of legal sanctions? Do corporations pollute less, market safer products, and obey contracts to avoid suit? And given the effects of laws, which are socially best? Such questions about the influence and desirability of laws have been investigated by legal scholars and economists in a new, rigorous, and systematic manner since the 1970s. Their approach, which is called economic, is widely considered to be intellectually compelling and to have revolutionized thinking about the law. In this book Steven Shavell provides an in-depth analysis and synthesis of the economic approach to the building blocks of our legal system, namely, property law, tort law, contract law, and criminal law. He also examines the litigation process as well as welfare economics and morality. Aimed at a broad audience, this book requires neither a legal background nor technical economics or mathematics to understand it. Because of its breadth, analytical clarity, and general accessibility, it is likely to serve as a definitive work in the economic analysis of law.
Author : Henry Hazlitt
Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)
Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
Author : Israel M Kirzner
Publisher : Routledge
ISBN 13 : 1134915500
Total Pages : 254 pages
Book Rating : 4.1/5 (349 download)
Download or read book The Meaning of the Market Process written by Israel M Kirzner and published by Routledge. This book was released on 2002-09-11 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Israel Kirzner is the foremost proponent of the modern Austrian theory of the market process. This book offers substantive insights in support of this theory and a new historical interpretation of how the ideas of modern Austrians emerged.
