The Distribution of Wealth (Classic Reprint)

Name: The Distribution of Wealth (Classic Reprint)
Author: John R. Commons
ISBN: 9781333298722

John R. Commons

Language: English

Published by Forgotten Books, 2018

1333298722 / 9781333298722

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Print on Demand. This book provides a thorough examination of the fundamental principles that govern the distribution of wealth within a society. The author delves into the nature of value, price, and cost, arguing that the subjective value that individuals assign to goods and services ultimately determines their prices. The book analyzes the factors that influence supply and demand, emphasizing the role of scarcity and marginal utility in shaping market outcomes. It explores the concept of diminishing returns, which suggests that as more resources are devoted to a particular industry, the additional output tends to decrease. The author also discusses the concept of rent, arguing that it represents a payment for the use of land, which is a scarce resource. The book concludes by examining the distribution of income among different groups in society, arguing that it is influenced by factors such as human abilities, personal rights, and legal institutions, concluding that understanding these principles is crucial for developing effective policies related to income distribution and economic growth. 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.

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Title: The Distribution of Wealth (Classic Reprint)
Author: John R. Commons
Publisher: Forgotten Books
Publication year: 2018
Condition: New
Book Type: print-on-demand item
Binding: Paperback
Language: English
ISBN 10: 1333298722
ISBN 13: 9781333298722
Seller catalogs: Economics

Forgotten Books

London, United Kingdom

5-star seller

AbeBooks seller since June 2, 2021

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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All books are Print on Demand and will be printed upon purchase and shipped in New Condition. Orders typically ship within 3-5 business days. If you're dissatisfied with your purchase (Incorrect Book/Not as Described/Damaged) or if the order hasn't arrived, you're eligible for a refund within 30 days of the estimated delivery date. If you've changed your mind about a book that you've ordered, please use the ask bookseller a question link to contact us and we'll respond within 2 business days.

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