1978. New issue of 1882 ed. Hardcover. Reprints of Economic Classics published by Augustus M Kelley in New York in 1968.Excellent condition in buckram with gilt title on spine and front board. . . . .

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Bibliographic Details

Title: Capital and Population: Study of the Economic Effects of Their Relation to Each Other (Reprints of economic classics)
Publisher: A. M. Kelley
Publication Date: 1978
Language: English
ISBN 10: 067800904X
ISBN 13: 9780678009048
Binding: Hardcover
Condition: As New

About this title

Synopsis

Begun as a critique of J.S. Mill, Hawley's first and most important work evolved into a significant original contribution to the theory of the risk-taking entrepreneur as a principal factor of production, and concomitantly, to the risk theory of profit. J.A. Schumpeter admired Hawley's work for its focus on the entrepreneur and appraised it, together with the work of Frank H. Knight, as the most successful development of Mill's element of risk. Hawley also contributed to the theory of underconsumption and took a radical stance towards maldistribution of income. "An original and rigorous thinker, Hawley anticipated much that has since found acceptance in economic theory." Encyclopedia of the Social Sciences

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