Essentials of Economic Theory (Classic Reprint): As Applied to Modern Problems of Industry and Public Policy - Softcover

Name: Essentials of Economic Theory (Classic Reprint): As Applied to Modern Problems of Industry and Public Policy
Author: Clark, John Bates
ISBN: 9781330146538

Clark, John Bates

3.61 out of 5 stars

41 ratings by Goodreads

9781330146538: Essentials of Economic Theory (Classic Reprint): As Applied to Modern Problems of Industry and Public Policy

Softcover

ISBN 10: 1330146530 ISBN 13: 9781330146538

Publisher: Forgotten Books, 2018

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Explore how static economic laws shape growth today and how dynamic forces drive change. This classic work explains the long-standing ideas about wealth, value, wages, and production, and shows how these ideas apply to modern industry and public policy. It guides readers through the balance between enduring economic principles and the changes that come with progress.

The book surveys the foundations of economic theory and how they work at any stage of industrial evolution. It discusses issues like monopoly, trade unions, transportation, and government policy, and it aims to help students see how static laws still bear on real, changing economies.

- Learn how wealth and production interact with wages and prices.
- See how dynamic forces shape industry, policy, and social progress.
- Explore the role of monopoly, labor organization, and government in a growing economy.
- Understand the relationship between value, capital, and economic change.

Ideal for readers seeking a clear, classroom-friendly view of how enduring economic laws influence modern problems and policy choices.

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Publisher

Forgotten Books

Publication date

2018

Language

English

ISBN 10

1330146530

ISBN 13

9781330146538

Binding

Paperback

Number of pages

586

Rating

3.61 out of 5 stars

41 ratings by Goodreads

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Essentials of Economic Theory (Classic Reprint)

John Bates Clark

Published by Forgotten Books, 2018

ISBN 10: 1330146530 ISBN 13: 9781330146538

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Seller: Forgotten Books, London, United Kingdom

Seller rating 5 out of 5 stars

Paperback. Condition: New. Print on Demand. This book takes a fresh look at the principles of economic theory through an examination of economic laws as they apply to both static and dynamic economic systems. The author argues that static, or unchanging, economies are a useful abstraction used to discover and state natural economic laws, but they are far less useful than dynamic laws for understanding the complexities of the real world. The author presents general economic laws that govern production, income, and consumption, and examines the role of technology, labor, and capital in shaping economic progress. In addition, the book discusses economic principles that affect the transportation, labor, and banking industries, as well as the role of money and protective tariffs. The author's balanced approach provides a survey of the relevant literature of the time and also includes results of his own research, which have helped economists and policymakers gain a better understanding of how the economy operates. 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 # 9781330146538_0

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