Synopsis
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.
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Profit and Wages: A Study in the Distribution of Income (Classic Reprint)
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: 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. Seller Inventory # 9781330030547_0
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Profit and Wages A Study in the Distribution of Income Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330030547
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Profit and Wages A Study in the Distribution of Income Classic Reprint
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781330030547
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Profit and Wages : A Study in the Distribution of Income (Classic Reprint)
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Condition: Sehr gut. Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 25716741/2
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