Production and Distribution Theories (Google eBook)

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Transaction Publishers, Jan 1, 1994 - Business & Economics - 392 pages
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A landmark in the study of economics when it was published in 1941, Nobel Laureate Stigler's book was the first to trace the development of theories alongside the history of economic thought. Stigler's pioneering effort remains a classic work on the evolution of distribution theory during a critical juncture in the development of modern industrial capitalism.

  

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Contents

III
9
IV
34
V
57
VI
104
VII
130
IX
154
X
175
XI
224
XII
257
XIII
292
XV
316
XVII
385
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Page 17 - The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it. What everything is really worth to the man who has acquired it, and who wants to dispose of it or exchange it for something else, is the toil and trouble which it can save to himself, and which it can impose upon other people.
Page 2 - These are the three great, original, and constituent orders of every civilized society, from whose revenue that of every other order is ultimately derived.
Page 22 - Theory of Political Economy, Jevons states: . . . Capital, as I regard it, consists merely in the aggregate of those commodities which are required for sustaining labourers of any kind or class engaged in work.
Page 18 - Given, a certain population, with various needs and powers of production, in possession of certain lands and other sources of material : required, the mode of employing their labour which will maximise the utility of the produce.

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