Excerpt from An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk
Distribution, I may explain that, in justice to Professor Wieser, I have preferred to put the transla tion of that most brilliant and suggestive book into the capable hands of one of my students.
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Excerpt from An Introduction to the Theory of Value on the Lines of Menger, Wieser, and Böhm-Bawerk
Distribution, I may explain that, in justice to Professor Wieser, I have preferred to put the transla tion of that most brilliant and suggestive book into the capable hands of one of my students.
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.
The theory is that enunciated by Menger and Jevons, and worked out by Wieser and Bohm-B awerk. I have done little more than take it out of its German setting, and pass it through my own mind, As the translator of Bohm -B awerk s Capital and Interest and The Positive Theory of Capital, I may claim to have more than a superficial acquaintance with the work of the Austrian school, and this must form my credentials for the present I ntroduction. At the same time I must emphasise that it claims to be no more than an introduction. I do not consider that the last word on Value has been said by the Austrian school, but that seems to me no reason why the principles of the new theory should remain any longer beyond the reach of the ordinary English
(Typographical errors above are due to OCR software and don't occur in the book.)
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Paperback. Condición: New. Print on Demand. This book delves into the fundamental economic concept of value, exploring its nature, origins, and the factors that influence it. The author challenges traditional economic thought, particularly the distinction between "value in use" and "value in exchange" popularized by Adam Smith. Instead, the focus is placed on the subjective nature of value, emphasizing how individual wants and needs, coupled with the scarcity of goods, determine the worth we assign to things. The exploration of value extends beyond mere material possessions, encompassing a wide range of human desires and motivations. The book delves into the psychological aspects of valuation, examining how our perceptions and judgments shape our economic decisions. The concept of "marginal utility" is introduced, explaining how the value of a good is determined by its importance in satisfying our least urgent want. By unraveling the complexities of value, this book provides a deeper understanding of human behavior in the economic realm. It challenges readers to reconsider their own perceptions of worth and to appreciate the intricate interplay between individual desires and the market forces that shape our economic lives. 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. print-on-demand item. Nº de ref. del artículo: 9781440092541_0
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Librería: PBShop.store US, Wood Dale, IL, Estados Unidos de America
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781440092541
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Librería: PBShop.store UK, Fairford, GLOS, Reino Unido
PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000. Nº de ref. del artículo: LW-9781440092541
Cantidad disponible: 15 disponibles
Librería: Revaluation Books, Exeter, Reino Unido
Paperback. Condición: Brand New. 102 pages. 9.00x6.00x0.23 inches. This item is printed on demand. Nº de ref. del artículo: zk1440092540
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