Elements of Economics of Industry
Elements of Economics of Industry

Author: Alfred Marshall

Publisher: Cosimo, Inc.

Published: 2006-09-01

Total Pages: 457

ISBN-13: 1596058803

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British economist ALFRED MARSHALL (1842-1924) was one of the most prominent thinkers of his age on the philosophy of finance, and his groundbreaking Principles of Economics (1890) was for years the standard text on the subject. Here, in Elements of Economics of Industry, he adapts his classic text for students. First published in 1892, it still serves as an excellent primer on such topics as: . economics as part of the study of humanity . the development of economic laws from the beginning of civilization . how capital yields income . how consumer demand creates markets . land, labor, capital, and organization as agents of production . the balance of supply and demand . the interplay of labor and earnings . the impact of trade unions . and much more.

Elements of Economics of Industry
Elements of Economics of Industry

Author: Alfred Marshall

Publisher: Legare Street Press

Published: 2023-07-18

Total Pages: 0

ISBN-13: 9781022838536

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This is the first volume of the influential book "Elements of Economics", which was first published in 1890 and is considered a groundbreaking work on economic theory. In this volume, Marshall focuses on the economics of industry, analyzing the behavior of firms and the competitive environment in which they operate. He also discusses topics such as capital, value, and distribution. 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 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. 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.

Elements of Economics of Industry; Being the First Volume of Elements of Economics
Elements of Economics of Industry; Being the First Volume of Elements of Economics

Author: Alfred Marshall

Publisher: Theclassics.Us

Published: 2013-09

Total Pages: 136

ISBN-13: 9781230411163

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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. 1903 edition. Excerpt: ... CHAPTER XII. THE INFLUENCE OF PROGRESS ON VALUE. 1. The field of employment which any place offers for labour and capital depends firstly on its natural The field of Ji i.v * * employment resources; secondly, on the power or turning for capital and DEGREESem to goCKJ account, derived from its progress in knowledge and in social and industrial organization; and thirdly, on the access that it has to markets in which it can sell those things of which it has a superfluity. The importance of this last condition is often underrated; but it stands out prominently when we look at the history of new countries. It is commonly said that wherever there is abundance of good land to be had free of rent, and the climate richhi newayS DEGREESs not unhealthy, the real earnings of labour and countries the interest on capital must both be high. But which have no, . good access to this is only partially true. The early colonists of theoldWorldf America lived very hardly. Nature gave them wood and meat almost free: but they had very few of the comforts and luxuries of life. And even now there are, especially in South America and Africa, many places to which Nature has been abundantly generous, which are nevertheless shunned by labour and capital, because they have no ready communications with the rest of the world. On the other hand high rewards may be offered to capital and labour by a mining district in the midst of an alkaline desert, when once communications have been opened up with the outer world, or again by a trading centre on a barren sea-coast; though, if limited to their own resources, they could support but a scanty population, and that in abject poverty. And the splendid markets which the Old World has offered to the products of the New, sinc

Economics in One Lesson
Economics in One Lesson

Author: Henry Hazlitt

Publisher: Crown Currency

Published: 2010-08-11

Total Pages: 220

ISBN-13: 0307760626

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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.