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Friedman, Milton Price Theory ISBN 13: 9780202060743

Price Theory - Hardcover

 
9780202060743: Price Theory
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"I cannot pretend that the present version is the finished treatise that I had in mind (or in youthful dreams) in the earlier years of teaching the course. But it is a much expanded and, I hope, improved version. I have filled in four of the six gaps that I enumerated in the preface to the initial version. The two I have not filled in are industrial organization for reasons given at the end of chapter 6 and the theory of general equilibrium, because there are such good extant expositions of the classical Walrasian general equilibrium approach and I am not competent to present a succinct yet faithful exposition of the more recent general equilibrium developments, particularly in the field of growth models. In addition, I rather suspect that these developments are as yet in a preliminary and unsatisfactory state." – Milton Friedman, from the preface to the revised edition

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About the Author:

Milton Friedman is a senior research fellow at the Hoover Institution of Stanford University. Before that, he was Paul Snowden Russell Distinguished Service Professor of Economics at the University of Chicago. He has also taught at Columbia University, the University of Wisconsin, the University of Minnesota, and Cambridge University. Among his many books are Essays in Positive Economics, A Program for Monetary Stability, Capitalism and Freedom, A Monetary History of the United States, and The Optimum Quantity of Money.

Review:

“Friedman’s exposition is the best nonmathematical treatment I have seen... [T]his collection and elaboration of some of Friedman’s ideas is a very valuable supplement to standard graduate theory texts. I believe that the state of economic thought would be advanced by a wide reading of these notes.”

—Roger F. Miller, The American Economic Review

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  • PublisherRoutledge
  • Publication date1962
  • ISBN 10 0202060748
  • ISBN 13 9780202060743
  • BindingHardcover
  • Edition number1
  • Number of pages357
  • Rating

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Other Popular Editions of the Same Title

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