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Marginal Worth
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Book Synopsis The Theory of Marginal Value by : L. V. Birck
Download or read book The Theory of Marginal Value written by L. V. Birck and published by Routledge. This book was released on 2013-04-15 with total page 362 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concept of 'marginal value' is critical to the emergence of neo-classical economics. This volume is divided into sections on: Book I: Utility (Disutility of labour, Utility and Wants, Direct and Indirect Utility, Utility Equations, Subjective Price) Book II: Value and Market (Objective Price, Markets, Value) Book III: Relations of Subjective Prices (The Distribution of Income and Prices, The Elasticity of Consumption, Differential Rent) Book IV: The Normal Market (Constant, Decreasing and Increasing Return)
Book Synopsis The Theory of Marginal Value by : Laurits Vilhelm Birck
Download or read book The Theory of Marginal Value written by Laurits Vilhelm Birck and published by . This book was released on 1922 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis THEORY OF MARGINAL VALUE by : LAURITS VILHELM. BIRCK
Download or read book THEORY OF MARGINAL VALUE written by LAURITS VILHELM. BIRCK and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of Marginal Value by : Laurits Vilhelm Birck
Download or read book The Theory of Marginal Value written by Laurits Vilhelm Birck and published by Palala Press. This book was released on 2015-09-02 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work.As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Zero Marginal Cost Society by : Jeremy Rifkin
Download or read book The Zero Marginal Cost Society written by Jeremy Rifkin and published by Macmillan + ORM. This book was released on 2014-04-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Zero Marginal Cost Society,New York Times bestselling author Jeremy Rifkin describes how the emerging Internet of Things is speeding us to an era of nearly free goods and services, precipitating the meteoric rise of a global Collaborative Commons and the eclipse of capitalism. Rifkin uncovers a paradox at the heart of capitalism that has propelled it to greatness but is now taking it to its death—the inherent entrepreneurial dynamism of competitive markets that drives productivity up and marginal costs down, enabling businesses to reduce the price of their goods and services in order to win over consumers and market share. (Marginal cost is the cost of producing additional units of a good or service, if fixed costs are not counted.) While economists have always welcomed a reduction in marginal cost, they never anticipated the possibility of a technological revolution that might bring marginal costs to near zero, making goods and services priceless, nearly free, and abundant, and no longer subject to market forces. Now, a formidable new technology infrastructure—the Internet of things (IoT)—is emerging with the potential of pushing large segments of economic life to near zero marginal cost in the years ahead. Rifkin describes how the Communication Internet is converging with a nascent Energy Internet and Logistics Internet to create a new technology platform that connects everything and everyone. Billions of sensors are being attached to natural resources, production lines, the electricity grid, logistics networks, recycling flows, and implanted in homes, offices, stores, vehicles, and even human beings, feeding Big Data into an IoT global neural network. Prosumers can connect to the network and use Big Data, analytics, and algorithms to accelerate efficiency, dramatically increase productivity, and lower the marginal cost of producing and sharing a wide range of products and services to near zero, just like they now do with information goods. The plummeting of marginal costs is spawning a hybrid economy—part capitalist market and part Collaborative Commons—with far reaching implications for society, according to Rifkin. Hundreds of millions of people are already transferring parts of their economic lives to the global Collaborative Commons. Prosumers are plugging into the fledgling IoT and making and sharing their own information, entertainment, green energy, and 3D-printed products at near zero marginal cost. They are also sharing cars, homes, clothes and other items via social media sites, rentals, redistribution clubs, and cooperatives at low or near zero marginal cost. Students are enrolling in free massive open online courses (MOOCs) that operate at near zero marginal cost. Social entrepreneurs are even bypassing the banking establishment and using crowdfunding to finance startup businesses as well as creating alternative currencies in the fledgling sharing economy. In this new world, social capital is as important as financial capital, access trumps ownership, sustainability supersedes consumerism, cooperation ousts competition, and "exchange value" in the capitalist marketplace is increasingly replaced by "sharable value" on the Collaborative Commons. Rifkin concludes that capitalism will remain with us, albeit in an increasingly streamlined role, primarily as an aggregator of network services and solutions, allowing it to flourish as a powerful niche player in the coming era. We are, however, says Rifkin, entering a world beyond markets where we are learning how to live together in an increasingly interdependent global Collaborative Commons.
Book Synopsis THEORY OF MARGINAL VALUE by : Laurits Vilhelm 1871 Birck
Download or read book THEORY OF MARGINAL VALUE written by Laurits Vilhelm 1871 Birck and published by Wentworth Press. This book was released on 2016-08-28 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.
Book Synopsis The Theory of Marginal Value (Classic Reprint) by : Laurits Vilhelm Birck
Download or read book The Theory of Marginal Value (Classic Reprint) written by Laurits Vilhelm Birck and published by Forgotten Books. This book was released on 2019-02-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Excerpt from The Theory of Marginal Value I am indebted to Messrs. Fred Zeuthen, m.a. (copenhagen), Hugh Dalton, m.a., Cambridge, and Thomas A. Joynt, m.a., Edinburgh, for valuable advice both as to form and matter, and to the latter for his patience and courtesy in reading Of the proofs.' About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Book Synopsis Marginal Utility and Value by : Silas Marcus Macvane
Download or read book Marginal Utility and Value written by Silas Marcus Macvane and published by . This book was released on 1893 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Margin of Safety by : Seth A. Klarman
Download or read book Margin of Safety written by Seth A. Klarman and published by Harpercollins. This book was released on 1991 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tells how to avoid investment fads, explains the basic concepts of value-investment philosophy, and offers advice on portfolio management
Download or read book Marginal Worth written by Lionel S. Lewis and published by . This book was released on 2017 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "In the American university system for most of this century, the academic reward system has been blamed for both the neglect of teaching and a glut of uninspiring research. The salaries for faculty at institutions that place special emphasis on teaching are lower than those for faculty at institutions where both teaching and research are expected. In Marginal Worth, Lionel S. Lewis examines the contemporary academic labor market to explain why teaching—which is almost universally acknowledged both off and on campus to be at the center of the American educational experience—is not at the center of the academic labor market, and why it is only modestly rewarded.The evidence collected and analyzed by Lewis suggests that this is the case because teaching is not a particularly productive activity, and its quality is hard to measure. Teaching does not generate automatic prestige, most students do not learn a great deal, and in many instances other matters absorb the attention of faculty. Fifteen anonymous academic administrators and faculty members from around the country provided Lewis with the many letters, reports, and other documents he used in his analysis. By examining the material justifying merit salary awards, he reveals how merit is defined in academia. The focus of the letters is on teaching, research, administration, and service; teaching is not always seen as central to the academic role.For several years and from all sides, American institutions of higher learning have been called to account for a variety of failures. Significantly, the one indictment most often heard is that classrooms have been abandoned for laboratories and libraries, where faculty pursue interests to further their careers. Lewis argues that restoring the balance between teaching and research is too simple a solution to the problem. We need to better understand how disciplinary and institutional reward structures affect teaching, how and why faculty allocate their tune, and why teaching appears to be neglected and underappreciated. Lewis applies tenets of the neoclassical labor market model to the academy, and considers what might be done to strike a better balance between expectations and circumstances in the academic marketplace. This candid look into the political economy of higher education will be enlightening reading for all concerned with the future of American higher education: professors, administrators, students, and parents."--Provided by publisher.
Book Synopsis History of Marginal Utility Theory by : Emil Kauder
Download or read book History of Marginal Utility Theory written by Emil Kauder and published by Princeton University Press. This book was released on 2015-12-08 with total page 271 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author blends historical narrative with a topical approach and discusses such aspects of the theory as measurement, total value, and imputation. Originally published in 1965. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Book Synopsis Marginal Worth by : Lionel Stanley Lewis
Download or read book Marginal Worth written by Lionel Stanley Lewis and published by Transaction Publishers. This book was released on 1996-01-01 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: The evidence collected and analyzed by Lewis suggests that this is the case because teaching is not a particularly productive activity, and its quality is hard to measure. Teaching does not generate automatic prestige, most students do not learn a great deal, and in many instances other matters absorb the attention of faculty. Fifteen anonymous academic administrators and faculty members from around the country provided Lewis with the many letters, reports, and other documents he used in his analysis. By examining the material justifying merit salary awards, he reveals how merit is defined in academia. The focus of the letters is on teaching, research, administration, and service; teaching is not always seen as central to the academic role
Book Synopsis The Value of Everything by : Mariana Mazzucato
Download or read book The Value of Everything written by Mariana Mazzucato and published by Penguin UK. This book was released on 2018-04-26 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: Who really creates wealth in our world? And how do we decide the value of what they do? At the heart of today's financial and economic crisis is a problem hiding in plain sight. In modern capitalism, value-extraction - the siphoning off of profits, from shareholders' dividends to bankers' bonuses - is rewarded more highly than value-creation: the productive process that drives a healthy economy and society. We misidentify takers as makers, and have lost sight of what value really means. Once a central plank of economic thought, this concept of value - what it is, why it matters to us - is simply no longer discussed. Yet, argues Mariana Mazzucato in this penetrating and passionate new book, if we are to reform capitalism - to radically transform an increasingly sick system rather than continue feeding it - we urgently need to rethink where wealth comes from. Who is creating it, who is extracting it, and who is destroying it? Answers to these questions are key if we want to replace the current parasitic system with a type of capitalism that is more sustainable, more symbiotic: that works for us all. The Value of Everything will reignite a long-needed debate about the kind of world we really want to live in.
Book Synopsis The Four Kinds of Economic Value by : Correa Moylan Walsh
Download or read book The Four Kinds of Economic Value written by Correa Moylan Walsh and published by . This book was released on 1926 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Theory of Marginal Value - Primary Source Edition by : Laurits Vilhelm Birck
Download or read book The Theory of Marginal Value - Primary Source Edition written by Laurits Vilhelm Birck and published by Nabu Press. This book was released on 2013-10 with total page 374 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.
Book Synopsis The Economist's View of the World by : Steven E. Rhoads
Download or read book The Economist's View of the World written by Steven E. Rhoads and published by Cambridge University Press. This book was released on 1985-05-23 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains and assesses the ways in which micro, welfare and benefit-cost economists view the world of public policy. In general terms, microeconomic concepts and models can be seen to appear regularly in the work of political scientists, sociologists and psychologists. As a consequence, these and related concepts and models have now had sufficient time to influence strongly and to extend the range of policy options available to government departments. The central focus of this book is the 'cross-over' from economic modelling to policy implementation, which remains obscure and uncertain. The author outlines the importance of a wider knowledge of microeconomics for improving the effects and orientation of public policy. He also provides a critique of some basic economic assumptions, notably the 'consumer sovereignty principle'. Within this context the reader is in a better position to understand the 'marvellous insights and troubling blindnesses' of economists where often what is controversial politically is not so controversial among economists.
Book Synopsis Value and Distribution by : Herbert Joseph Davenport
Download or read book Value and Distribution written by Herbert Joseph Davenport and published by . This book was released on 1907 with total page 618 pages. Available in PDF, EPUB and Kindle. Book excerpt:
