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The Laws of Supply and Demand: With Special Reference to Their Influence on Over-Production Duction and Unemployment (Classic Reprint) - Softcover

 
9781330305225: The Laws of Supply and Demand: With Special Reference to Their Influence on Over-Production Duction and Unemployment (Classic Reprint)
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Excerpt from The Laws of Supply and Demand: With Special Reference to Their Influence on Over-Production Duction and Unemployment

Tions - Monopoly and glut - Marshall's theory of the equilibrium of supply and demand - Its limitations - Discussion on the mean ing and scope of a market - Law of final bargaining p. 1.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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Excerpt from The Laws of Supply and Demand: With Special Reference to Their Influence on Over-Production Duction and Unemployment

It may be considered a mild achievement in these tempestuous times to write a work on political economy from which all discussion of tariff and free trade is rigorously excluded. In the following pages free trade is, I believe, nowhere specifically mentioned and where the word tariff occurs it is either in some passage purely descriptive or else accompanied by a statement excluding such parts of the topic as would lead on to the discussion of an unnecessarily vexed question. The operation of tariffs is of course controlled by the laws of supply and demand, but not peculiarly so and not in any way exhibiting a difference of principle with the conduct of unrestricted commerce. It was therefore quite legitimate not to take this young cuckoo-bird of political economy into our nest, where he would infallibly have encroached on space, until there was room for nothing else.

The present study commences with a reference to a dinner-table conversation in December, 1910, which is only worth mentioning in order to give the assurance that it is no rhetorical device to introduce cut-and-dried theories previously formed, but that it is the true starting-point of the inquiry. The only part of this book written out of order was the determination of the theory of value in Chapter IV. and that is necessarily the preliminary of all economic discussion.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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  • VerlagForgotten Books
  • Erscheinungsdatum2019
  • ISBN 10 1330305221
  • ISBN 13 9781330305225
  • EinbandTapa blanda
  • Anzahl der Seiten316

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9780548764381: The Laws Of Supply And Demand, With Special Reference To Their Influence On Over Production And Unemployment

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ISBN 10:  0548764387 ISBN 13:  9780548764381
Verlag: Kessinger Pub Co, 2007
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  • 9781113789730: The Laws of Supply and Demand

    Biblio..., 2009
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Buchbeschreibung Paperback. Zustand: New. Print on Demand. Excerpt from The Laws of Supply and Demand. About the Publisher, Forgotten Books publishes hundreds of thousands of rare and classic books. This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works. This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value. The digital edition of all books may be viewed on our website before purchase. print-on-demand item. Bestandsnummer des Verkäufers 9781330305225_0

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