Profit and Wages A Study in the Distribution of Income Classic Reprint
Gustav A. Kleene
ISBN 10: 1330030540 ISBN 13: 9781330030547
Editore: Forgotten Books, 2018
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New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330030547
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Excerpt from Profit and Wages: A Study in the Distribution of Income
This is the method of mental experiment with different lines of approach to the problem, the exploitation of different facts and ideas as tentative premises. The forces of our indus trial system are so involved that no conception Of its operation could be reached by any attempt to describe its details. In fact the more photo graphic and concrete the picture presented to the mind, the more confusing and difficult the problem becomes. The only feasible pro cedure, therefore, is to seek for essential facts and to reason from these, while deliberately excluding from View a mass Of complicating phenomena. Intellectually portable and man ageable results are won by selection only. Com plications must be eliminated, or, in other words, hypothetical assumptions must be made. Economic theory differs from other sciences only in the degree of its hypothetical character.
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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.
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Dati bibliografici
Titolo: Profit and Wages A Study in the Distribution...
Casa editrice: Forgotten Books
Data di pubblicazione: 2018
Legatura: PAP
Condizione: New
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Profit and Wages : A Study in the Distribution of Income (Classic Reprint)
Da: Buchpark, Trebbin, Germania
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Condizione: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Codice articolo 25716741/2
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Profit and Wages: A Study in the Distribution of Income (Classic Reprint)
Print on DemandDa: Forgotten Books, London, Regno Unito
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Paperback. Condizione: New. Print on Demand. This book delves into the theories behind the distribution of wealth, a subject that has been pondered by economists since the inception of organized society. The author, a classical economist, begins by illustrating the fundamental theories regarding how the distribution of wealth occurs before moving on to explain how interest rates are determined. The text grapples with questions such as why Capitalism has historically been defined by three distinct economic classes, and the factors that influence them. The author ultimately concludes that time preference does not directly determine the rate of interest but is an essential element in understanding the psychology of business and the subjective valuations that underpin economic activity. It is a fascinating read for anyone interested in economics, finance, or the historical development of economic thought. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Codice articolo 9781330030547_0
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Profit and Wages A Study in the Distribution of Income Classic Reprint
Da: PBShop.store UK, Fairford, GLOS, Regno Unito
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PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000. Codice articolo LW-9781330030547
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