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Author : William Smart
Publisher : Unknown
Page : 128 pages
File Size : 49,6 Mb
Release : 1966
Category : Electronic
ISBN : OCLC:164428403
Author : Rory O'Donnell
Publisher : Springer
Page : 288 pages
File Size : 48,9 Mb
Release : 2016-02-05
Category : Business & Economics
ISBN : 9781349109081
This book looks at the value and distribution debates on the theories of Adam Smith. A variety of the aspects of his work are covered in this book such as his labour command measure, as are a number of interpretations and criticisms.
Author : William Smart
Publisher : Theclassics.Us
Page : 24 pages
File Size : 44,5 Mb
Release : 2013-09
Category : Electronic
ISBN : 1230463429
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1891 edition. Excerpt: ... CHAPTER XII COST OF PRODUCTION We have now to compare the law of Value at which we have arrived with that generally adopted by English economists, (it is a matter of common experience thatJ in the case of articles manufactured on a large scale--" freely produced," or "reproducible at will"-- DEGREESthe price always tends towards equality with I the costs of their production; On this experience ij DEGREES the familiar law that the value of a good is ((founded determined by its cost. Speaking generally, Costs of /Production are all the productive goods consumed in the making of a product, --raw and auxiliary materials, machinery, power, and labour. To speak more accurately we should substitute the term Expenses of Production, thus indicating that the naturally incommensurable I "efforts and abstinences" are measured by the money paid for them. DEGREESOn this theory the value of a good cornes from its past, j DEGREES Now, on the theory above explained, we have to show that the causal connection runs the other way, from Product to Cost. Human want_it-wa&-said, is theJirst factor in Value. The relation of each man's resources I to his varied wants determines what is the last want: satisfied in each class of want, and so the Marginal Utility !and subjective value of goods. The figures which buyers iand sellers respectively put on their goods determine the competitors, determine the marginal pair or the last buyer, and so determine price. Through price the subjective valuations are carried back to means of production. As the typical labourer, the peasant, I measures the value of his labour by the produce he ] raises, or the value of his implements by the additional crop they procure, so is all value reflected back from goods to that which makes them., y Thus...
Author : William Smart
Publisher : Unknown
Page : 148 pages
File Size : 53,9 Mb
Release : 1891
Category : Value
ISBN : UCAL:B3292051
Author : Gerard Debreu
Publisher : New Haven : Yale University Press, c1959, 1973 printing.
Page : 132 pages
File Size : 52,7 Mb
Release : 1959
Category : Prices
ISBN : STANFORD:36105001925663
Imprint date varies. Includes bibliography.
Author : Adam Smith
Publisher : Unknown
Page : 522 pages
File Size : 40,8 Mb
Release : 1822
Category : Economics
ISBN : UCAL:$B87540
Author : William Smart
Publisher : CreateSpace
Page : 118 pages
File Size : 50,9 Mb
Release : 2013-10-23
Category : Electronic
ISBN : 1493555049
LARGE PRINT EDITION! More at LargePrintLiberty.com. It is astonishing that a book of this quality would have been completely lost to history. It was the first to introduce the core ideas of the Menger branch of Marginalist thought to English readers. The first edition appeared in 1891. It appeared in many reprints until 1931. Professor William Smart had a gift for clear exposition that was typical of English academics of his time. His gifts here are employed in the defense of the Austrian contribution to value theory. Its lesson concerning subjectivism, value and price, causation and cost, utility, and the whole microeconomic foundation of the Austrian School, continue to be relevant - and still unabsorbed by the profession at large. Exactly as the title indicates, as an introduction to value theory, this book has never been superseded by any other. It is an outstanding statement of the first and second generations of the Austrian School, and essential for every student of economics in our times.
Author : James Harkness,Frank Morley
Publisher : Unknown
Page : 358 pages
File Size : 54,6 Mb
Release : 1898
Category : Analytic functions
ISBN : UOM:39015068173858
Author : Nicholas Rescher
Publisher : Prentice Hall
Page : 220 pages
File Size : 46,8 Mb
Release : 1969
Category : Philosophy
ISBN : UOM:39015002329400
Author : R. J. Atkin,N. Fox
Publisher : Courier Corporation
Page : 272 pages
File Size : 45,9 Mb
Release : 2013-02-20
Category : Science
ISBN : 9780486150994
Accessible text covers deformation and stress, derivation of equations of finite elasticity, and formulation of infinitesimal elasticity with application to two- and three-dimensional static problems and elastic waves. 1980 edition.
Author : Theodore Mariolis,Nikolaos Rodousakis,George Soklis
Publisher : Springer Nature
Page : 512 pages
File Size : 45,7 Mb
Release : 2021-05-29
Category : Business & Economics
ISBN : 9789813362604
This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.
Author : A. M. Yaglom
Publisher : Courier Corporation
Page : 258 pages
File Size : 44,8 Mb
Release : 2004-01-01
Category : Mathematics
ISBN : 048649571X
This two-part treatment covers the general theory of stationary random functions and the Wiener-Kolmogorov theory of extrapolation and interpolation of random sequences and processes. Beginning with the simplest concepts, it covers the correlation function, the ergodic theorem, homogenous random fields, and general rational spectral densities, among other topics. Numerous examples appear throughout the text, with emphasis on the physical meaning of mathematical concepts. Although rigorous in its treatment, this is essentially an introduction, and the sole prerequisites are a rudimentary knowledge of probability and complex variable theory. 1962 edition.
Author : Y C Fung
Publisher : Courier Dover Publications
Page : 516 pages
File Size : 46,7 Mb
Release : 2008-10-17
Category : Technology & Engineering
ISBN : 9780486469362
Geared toward advanced undergraduates and graduate students, this outstanding text surveys aeroelastic problems, their historical background, basic physical concepts, and the principles of analysis.
Author : Dimo I Uzunov
Publisher : World Scientific Publishing Company
Page : 700 pages
File Size : 44,5 Mb
Release : 2010-08-31
Category : Science
ISBN : 9789813100909
This book provides a comprehensive introduction to the theory of phase transitions and critical phenomena. The content covers a period of more than 100 years of theoretical research of condensed matter phases and phase transitions providing a clear interrelationship with experimental problems. It starts from certain basic University knowledge of thermodynamics, statistical physics and quantum mechanics. The text is illustrated with classic examples of phase transitions. Various types of phase transition and (multi)critical points are introduced and explained. The classic aspects of the theory are naturally related with the modern developments. This interrelationship and the field-theoretical renormalization group method are presented in details. The main applications of the renormalization group methods are presented. Special attention is paid to the description of quantum phase transitions. This edition contains a more detailed presentation of the renormalization group method and its applications to particular systems.
Author : William Smart
Publisher : Unknown
Page : 104 pages
File Size : 44,6 Mb
Release : 1966
Category : Electronic
ISBN : OCLC:1072254449