Value and Distribution: A Critical and Constructive Study (Classic Reprint)

Herbert Joseph Davenport

ISBN 10: 1330376412 / ISBN 13: 9781330376416

Editore: Forgotten Books, 2018

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Print on Demand. This comprehensive book delves into the evolution and complexities of value theory, tracing its development from early labor-based notions to more contemporary perspectives. The author critically examines various cost concepts, including labor-purchase, labor-time, labor-pain, and labor-value, highlighting their strengths and limitations. The book also explores employer costs and the influence of capital-use, instrument-use, and other charges. By examining the interplay of these concepts, the author sheds light on how value is determined and how it shapes exchange relations. This book provides a valuable resource for students, researchers, and anyone seeking a deeper understanding of the fundamental principles of value theory. 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.

Codice articolo 9781330376416_0

Dati bibliografici

• Titolo: Value and Distribution: A Critical and Constructive Study (Classic Reprint)
• Editore: Forgotten Books
• Data di pubblicazione: 2018
• Lingua: Inglese
• ISBN 10: 1330376412
• ISBN 13: 9781330376416
• Rilegatura: Paperback
• Condizione: New
• Tipo di libro: print-on-demand item
• Cataloghi dei venditori:
  • Economics

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Riassunto

Excerpt from Value and Distribution

Were it ever important to decide in what degree, if at all, a writer may claim priority in the development of doc trine, the task would be a peculiarly difficult one in the case of the present book. The truth, however, rather than any personal ascription of it being the important matter, it becomes worth while to re?ect that for several decades and, indeed, in the main since the time of Adam Smith, economic theory has been in possession of doctrines enough for a reasonably complete, consistent, and logical system of thought — ii only these doctrines had been, with a wise eclecticism, properly combined and articulated. The emphasis in the present volume upon the entre preneur point of view in the computation of costs and in the analysis of the process by which distributive shares are assigned, has nothing new in it; it was necessary only that the point of view be clearly distinguished, consistently held.