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  • Cantillon, Richard; Murphy, Antoin E. (EDT)

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

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  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, US, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Rarewaves.com USA, London, LONDO, Regno Unito

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    Paperback. Condizione: New. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translatio.

  • Cantillon, Richard; Murphy, Antoin E. (EDT)

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

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  • Cantillon, Richard ; Murphy, Antoin E

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

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  • Cantillon, Richard ; Murphy, Antoin E

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

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  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, US, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Rarewaves USA, OSWEGO, IL, U.S.A.

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    Paperback. Condizione: New. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translatio.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, Indianapolis, IN, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Grand Eagle Retail, Bensenville, IL, U.S.A.

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    Paperback. Condizione: new. Paperback. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country.Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments.He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open.He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience." Shipping may be from multiple locations in the US or from the UK, depending on stock availability.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: PBShop.store UK, Fairford, GLOS, Regno Unito

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    PAP. Condizione: New. New Book. Shipped from UK. Established seller since 2000.

  • Cantillon, Richard

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: medimops, Berlin, Germania

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    Condizione: very good. Gut/Very good: Buch bzw. Schutzumschlag mit wenigen Gebrauchsspuren an Einband, Schutzumschlag oder Seiten. / Describes a book or dust jacket that does show some signs of wear on either the binding, dust jacket or pages.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc., 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Kennys Bookshop and Art Galleries Ltd., Galway, GY, Irlanda

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    Condizione: New. Num Pages: 176 pages. BIC Classification: KC. Category: (G) General (US: Trade). Dimension: 155 x 232 x 16. Weight in Grams: 302. . 2015. Paperback. . . . .

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc., 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Kennys Bookstore, Olney, MD, U.S.A.

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    Condizione: New. Num Pages: 176 pages. BIC Classification: KC. Category: (G) General (US: Trade). Dimension: 155 x 232 x 16. Weight in Grams: 302. . 2015. Paperback. . . . . Books ship from the US and Ireland.

  • Cantillon, Richard/ Murphy, Antoin E. (Editor)

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Revaluation Books, Exeter, Regno Unito

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    Paperback. Condizione: Brand New. 153 pages. 8.75x5.75x0.50 inches. In Stock.

  • Cantillon, Richard; Murphy, Antoin E. (EDT)

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: GreatBookPricesUK, Woodford Green, Regno Unito

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  • Cantillon, Richard

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Russell Books, Victoria, BC, Canada

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    Paperback. Condizione: New. Special order direct from the distributor.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: THE SAINT BOOKSTORE, Southport, Regno Unito

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  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, US, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Rarewaves USA United, OSWEGO, IL, U.S.A.

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    Paperback. Condizione: New. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translatio.

  • Cantillon, Richard

    Lingua: Inglese

    Editore: LIBERTY FUND INC, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: moluna, Greven, Germania

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    Condizione: New. Klappentextrnrn&quotRichard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate .

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, Indianapolis, IN, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: AussieBookSeller, Truganina, VIC, Australia

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    Paperback. Condizione: new. Paperback. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country.Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments.He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en general, the cradle of political economy. The Liberty Fund edition is a modernized translation of Cantillons Essai sur la nature du commerce en general (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open.He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience." Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.

  • Cantillon, Richard

    Lingua: Inglese

    Editore: Liberty Fund Inc. (US), 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Gazelle Books, Lancaster, LANCA, Regno Unito

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    Paperback. Condizione: New. New Book, Direct from Publisher.

  • Cantillon, Richard; Murphy, Antoin E. (EDT)

    Lingua: Inglese

    Editore: Liberty Fund, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: GreatBookPricesUK, Woodford Green, Regno Unito

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    Condizione: As New. Unread book in perfect condition.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Jul 2015, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: AHA-BUCH GmbH, Einbeck, Germania

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    Taschenbuch. Condizione: Neu. Neuware - 'Richard Cantillon (1680 1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the 'cradle of political economy.' The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680 1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the 'cradle of political economy.' The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680 1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the 'cradle of political economy.' The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience.'.

  • Richard Cantillon

    Lingua: Inglese

    Editore: Liberty Fund Inc, US, 2015

    ISBN 10: 0865978751 ISBN 13: 9780865978751

    Da: Rarewaves.com UK, London, Regno Unito

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    Spedizione EUR 74,49
    Spedito da Regno Unito a U.S.A.

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    Paperback. Condizione: New. "Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translation of Cantillon's Essai sur la nature du commerce en général (1755) with a new introduction by economics professor Antoin E. Murphy. In the Essay, Cantillon outlined an extraordinary model-building approach showing how the economy could be built up, through progressive stages, from a command, barter, closed economy to a market economy, which uses money and is open. He produced some outstanding monetary theoryincluding what Mark Blaug called the Cantillon effectwhen demonstrating the effects of monetary expansion on inflation, output, and the balance of payments. He also highlighted the difficulties created by excessive financial innovation for a real economy and outlined the dangers of foreign borrowing by a country. Though written in the eighteenth century, the Essay has a considerable resonance for a twenty-first-century audience. Richard Cantillon (1680?1734), an Irish economist, has claims to be regarded as one of the most outstanding analytical economists of the eighteenth century. F. A. Hayek wrote that Cantillon was the first to fully articulate economics as a science, and Stanley Jevons called Cantillon's only surviving work, Essai sur la nature du commerce en général, the "cradle of political economy." The Liberty Fund edition is a modernized translatio.