The Isolated State in Relation to Agriculture and Political Economy: Part III: Principles for the Determination of Rent, the Most Advantageous ... Value of Stands of Varying Age in Pinewoods - Tapa dura

Von Thünen, Johann

 
9780230222519: The Isolated State in Relation to Agriculture and Political Economy: Part III: Principles for the Determination of Rent, the Most Advantageous ... Value of Stands of Varying Age in Pinewoods
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ISBN 10: 023022251X ISBN 13: 9780230222519
Editorial: Palgrave Macmillan, 2009

Sinopsis

This volume is the first ever English translation of Part III of Johann von Thünen’s famous ’Isolated State’. The original German publication from 1863 has been translated by Keith Tribe and is E Ulrich van Suntum on behalf of the Thünen Society. It deals with the optimum rotation period of woods, a central problem of capital theory, which has been studied by many famous economists. Debates on this issue have still not reached a final conclusion, and therefore Thünen’s early approach to sustainable forestry is of central importance. Thünen has been hailed an innovator way ahead of his time. This book celebrates his ideas as an economist, as a farmer and a thinker on agrarian policy, and endeavours to revive the study and discussion of forestry economics and its history.




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Acerca del autor

JOHANN HEINRICH VON THÜNEN (1783-1850) was a prominent nineteenth-century economist, who is credited with a number of important anticipations of modern economic theory, such as the concepts of economic rent, diminishing returns, and marginal productivity. For the most of his life Thünen worked in isolation on his agricultural estate, Tellow, in Mecklenburg. According to Nobel Prize winner Paul Samuelson, Thünen 'belongs in the Pantheon with Leon Walras, John Stuart Mill, and Adam Smith'. Both the Tellow estate and Thünen`s grave, which has his famous formula for the natural wage engraved on it, can still be visited today.
 
ULRICH VAN SUNTUM is Professor of Economics at the Muenster University in Germany. He was formerly secretary general of the German Council of Economic Advisors and is engaged in both economic research and policy advice. His preferred areas of research are capital theory, labour economics, history of economic thought, and regional and housing economics. He has written several articles on Johann Heinrich von Thünen, both in German and in English.

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Editorial
Palgrave Macmillan
Año de publicación
2009
Idioma
Inglés
ISBN 10 
023022251X
ISBN 13 
9780230222519
Encuadernación
Tapa dura
Número de páginas
160
Editor
Van Suntum Ulrich
Contacto del fabricante
no disponible
Persona responsable
Yeepin GmbH
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