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| price system: Market Theory and the Price System Israel Mayer Kirzner, 2007 Israel Kirzner's outstanding book on price theory is back in print. It is been very difficult to obtain it for decades, even though it is surely the best textbook on Austrian price theory ever written. The prose is crystal clear and the organization exceptional. He takes the reader through the foundations of individual action, exchange, utility, demand and supply, production, and the market process itself. Had it been in print, it would have schooled generations in Austrian price theory, and it is surely useful in the classroom today, or for general reading. Not a collection of essays, it is an integrated presentation from top to bottom, written early in Kirzner's post-doctoral career. |
| price system: The Engineers and the Price System Thorstein Veblen, 1921 |
| price system: The eigineers and the price system Thorstein Veblen, 1921 |
| price system: The Price System and Resource Allocation Richard H. Leftwich, 1970 |
| price system: State Energy Price System , 1983 |
| price system: Just Price Theory Joaquín Reyes, 2023-08-10 This book presents an original theory of the just price, and it is a welcome addition to scholarship on a radically underdeveloped field. This work reassesses the age-old idea that there is a just price of things, one that goes beyond the Scholastic tradition of the just price and its exclusive concern with commutative justice. There is more to just price theory than the concern for keeping equality of value between goods exchanged. Modern concerns over efficiency, autonomy, and distributive justice, can also find a place within a theory of the just price. The book: - Presents a new approach to just price theory through a broad analysis of different values and the incorporation of those conceptions into a wider normative framework - Argues that these different values ground varied conceptions of the just price, and - Promotes a virtue-based approach to price justification as an adequate framework for meeting the challenges that stem from each conception Perfect for scholars and students in the fields of jurisprudence, philosophy of private law, contract law, and political theory, this book makes a significant contribution to legal theory and the emerging field of the philosophy of economics. |
| price system: Discovering Prices Paul Milgrom, 2017-05-23 Traditional economic theory studies idealized markets in which prices alone can guide efficient allocation, with no need for central organization. Such models build from Adam Smith’s famous concept of an invisible hand, which guides markets and renders regulation or interference largely unnecessary. Yet for many markets, prices alone are not enough to guide feasible and efficient outcomes, and regulation alone is not enough, either. Consider air traffic control at major airports. While prices could encourage airlines to take off and land at less congested times, prices alone do just part of the job; an air traffic control system is still indispensable to avoid disastrous consequences. With just an air traffic controller, however, limited resources can be wasted or poorly used. What’s needed in this and many other real-world cases is an auction system that can effectively reveal prices while still maintaining enough direct control to ensure that complex constraints are satisfied. In Discovering Prices, Paul Milgrom—the world’s most frequently cited academic expert on auction design—describes how auctions can be used to discover prices and guide efficient resource allocations, even when resources are diverse, constraints are critical, and market-clearing prices may not even exist. Economists have long understood that externalities and market power both necessitate market organization. In this book, Milgrom introduces complex constraints as another reason for market design. Both lively and technical, Milgrom roots his new theories in real-world examples (including the ambitious U.S. incentive auction of radio frequencies, whose design he led) and provides economists with crucial new tools for dealing with the world’s growing complex resource-allocation problems. |
| price system: THE ENGINEERS AND THE PRICE SYSTEM Thorstein Veblen, 2024-01-10 In 'The Engineers and the Price System' by Thorstein Veblen, the author explores the impact of engineering advancements on the economic and social structure of society. Veblen delves into the ways in which the rise of engineering as a profession has influenced the price system, challenging traditional economic theories. Written in Veblen's characteristic satirical and critical style, the book offers a unique perspective on the relationship between technology, economics, and social norms in the early 20th century. Veblen's thought-provoking analysis sheds light on the complexities of modern industrial society and the role of engineers within it. Thorstein Veblen, a prominent economist and sociologist, draws on his expertise in both fields to dissect the economic implications of technological progress. His background as a professor and researcher gives him a nuanced understanding of the interconnectedness of engineering innovation and the price system. Veblen's bold insights challenge readers to reconsider conventional wisdom and question the prevailing economic ideologies of his time. For readers interested in the intersection of technology, economics, and society, 'The Engineers and the Price System' is a must-read. Veblen's sharp wit and analytical prowess make this book a timeless and relevant contribution to the fields of economics and sociology. |
| price system: Public Finance and the Price System Edgar K. Browning, Jacquelene M. Browning, 1983 |
| price system: Encyclopedia of Dairy Sciences , 2011-03-25 Dairy Science, Four Volume Set includes the study of milk and milk-derived food products, examining the biological, chemical, physical, and microbiological aspects of milk itself as well as the technological (processing) aspects of the transformation of milk into its various consumer products, including beverages, fermented products, concentrated and dried products, butter and ice cream. This new edition includes information on the possible impact of genetic modification of dairy animals, safety concerns of raw milk and raw milk products, peptides in milk, dairy-based allergies, packaging and shelf-life and other topics of importance and interest to those in dairy research and industry. Fully reviewed, revised and updated with the latest developments in Dairy Science Full color inserts in each volume illustrate key concepts Extended index for easily locating information |
| price system: Markets in the Name of Socialism Johanna Bockman, 2011-07-26 The worldwide spread of neoliberalism has transformed economies, polities, and societies everywhere. In conventional accounts, American and Western European economists, such as Milton Friedman and Friedrich von Hayek, sold neoliberalism by popularizing their free-market ideas and radical criticisms of the state. Rather than focusing on the agency of a few prominent, conservative economists, Markets in the Name of Socialism reveals a dialogue among many economists on both sides of the Iron Curtain about democracy, socialism, and markets. These discussions led to the transformations of 1989 and, unintentionally, the rise of neoliberalism. This book takes a truly transnational look at economists' professional outlook over 100 years across the capitalist West and the socialist East. Clearly translating complicated economic ideas and neoliberal theories, it presents a significant reinterpretation of Cold War history, the fall of communism, and the rise of today's dominant economic ideology. |
| price system: Economic Foundations of Strategy Joseph T. Mahoney, 2005 The theoretical foundations of management strategy are identified and outlined in this text. Five theories are considered in the light of questions about how organisations operate efficiently, cost minimization, wealth creation, individual self-interest, and continued growth. |
| price system: The Federal Reporter , 1906 Includes cases argued and determined in the District Courts of the United States and, Mar./May 1880-Oct./Nov. 1912, the Circuit Courts of the United States; Sept./Dec. 1891-Sept./Nov. 1924, the Circuit Courts of Appeals of the United States; Aug./Oct. 1911-Jan./Feb. 1914, the Commerce Court of the United States; Sept./Oct. 1919-Sept./Nov. 1924, the Court of Appeals of the District of Columbia. |
| price system: Nomination of Don Paarlberg United States. Congress. Senate. Agriculture and Forestry Committee, 1957 |
| price system: Applied Economics Kenneth Joseph Arrow, 1985 Discusses oil imports, medical welfare, health insurance, urban economic development, job discrimination, environmental preservation, interindustry flow analysis, social responsibility, and economic efficiency. |
| price system: Foundations of the Market Price System Milton M. Shapiro, 1985 |
| price system: Building and Sustaining the Capacity for Social Policy Reforms Belkacem Laabas, 2017-11-22 This title was first published in 2000: Ten papers on poverty alleviation and social policy matters applied to Arab countries and Africa. They explore the impact on the vulnerable of the implementation of structural adjustment programmes and look at poverty alleviation and social policies, health care and social security issues. |
| price system: Investigation of Concentration of Economic Power United States. Temporary National Economic Committee, 1939 |
| price system: Resolving An Inconsistency In Economic Theory John P. Barrados, Ph.D., 2010-03-29 This book uncovers and resolves an inconsistency in orthodox theoretical price systems, systems we represent by the orthodox classical system. This inconsistency stems from the general economic logic that should underlie all price systems being suppressed in the orthodox systems. This is a result of an aspect to the behavior of individuals and firms being missing from the systems. The book first establishes how this inconsistency enters the orthodox classical system. Then a revised form of this system is set out that is rid of this inconsistency; and the focus of much of the book is on the revised classical system. This, however, is with the broader aim of bringing out how the general economic logic of price systems should be brought into all price systems. This general economic logic brings a common element to price systems that provides, in principle, the basis to integrate the systems. There are key implications of the book not only for the classical system but also for the Keynesian and Patinkin systems. As well, the book has relevance for Say’s Law and for issues about ensuring consistency of price systems, the existence of market processes in the systems and the use of mathematics in writing price systems. |
| price system: Politics, Economics, and Welfare Robert A. Dahl, 2017-09-29 For most of this century, the habit of thinking about politics and economics in terms of grand and simple alternatives has exerted a powerful influence over the minds of those concerned with economic organization. Politics, Economics, and Welfare is a systematic attack on the idea of all-embracing ideological solutions to complex economic problems. |
| price system: Variable Quality in Consumer Theory W.M. Wadman, 2016-07-01 Examines consumer decision-making on products and services of variable quality at the level of retail markets. Addresses for the first time consumer-producer interaction at the level of the individual consumer; issues of quality, consumption experience, and willingness-to-pay, as exhibited by individual consumers; and how these issues affect the decision-making process. |
| price system: Bulletin of the United States Bureau of Labor Statistics , 1925 |
| price system: Markets Don't Fail! Brian P. Simpson, 2005-01-01 Markets Don't Fail! addresses many of the popular arguments made by economists and other intellectuals against the free market. Using numerous examples as well as moral and epistemological arguments, this book claims that free market economies raise the standard of living of all individuals who live in them, and allow human life to flourish. |
| price system: Federal Power Commission Reports United States. Federal Power Commission, 1965-07 Contains all the formal opinions and accompanying orders of the Federal Power Commission ... In addition to the formal opinions, there have been included intermediate decisions which have become final and selected orders of the Commission issued during such period. |
| price system: Hearings United States. Congress. Senate. Committee on Appropriations, 1953 |
| price system: Political Economy in the Modern State Harold A. Innis, 2018-11-23 Political Economy in the Modern State is Harold Innis’s transitional and, in some respects, his most transformative book. Completed in 1946, it is a collection of fifteen chapters plus a remarkable Preface selected and crafted to address four main themes: the problem of power and peace in the post-War era; the ascent of specialized and mechanized forms of knowledge involving, most particularly, the media, the state, and the academy; the crisis facing civilization and, more generally, the modern penchant for unreflexive short-term thinking in the face of mounting contradictions; and Innis’s growing focus on what would be called media bias. In this new edition, editors Robert E. Babe and Edward A. Comor provide not only a general introduction to Innis’s largely forgotten book but also dedicated introductions to each of its fifteen chapters and a comprehensive index. Together, Babe and Comor demonstrate how Innis’s volume reflects a shift in Innis’s focus, away from analytical relativism towards, instead, a reflexive search for objective truths. |
| price system: CHINA: FOOD SECURITY AND AGRICULTURAL GOING GLOBAL Han Jun, 2022-11-21 Through decades of efforts, China has overall achieved self-sufficiency in food supply, which is the result of effective policies and measures adopted by the Chinese government. This book focuses on China’s food security strategy and agricultural going global strategy and goes into details on policies and measures for achieving domestic food security. It specially analyzes status and development trend of China’s corn industry since corn is the most sensitive grain variety that plays an important role as food, feed and raw material for bioenergy. It also studies overseas agricultural development potential for agricultural investment and cooperation globally. It finally elaborates China’s agricultural going global strategy, with specific cases to evaluate policy effect, in order to promote international cooperation in agriculture. The conclusions are that as the world’s most populated country, China should rely on its domestic production to ensure food supply. However, with intensified constraints on resources and environment, China should appropriately adjust its food security goals to ensure the basic self-sufficiency of cereals and rely more on global markets for non-cereal grain varieties. Looking to the future, China should establish a food security system that is efficient, open and sustainable through profound reform to increase its domestic food productivity, promote sustainable development of agriculture, and expand international cooperation in agriculture. |
| price system: Economics of Transition Hüsnü Kizilylli, 2019-05-23 First published in 1998, this volume responded to the recent fall of the Soviet Union and looks at the process of transitioning away from Socialist economies, including case studies in the former Soviet Union, Poland, Hungary, China, East Germany and other Socialist countries. Taking the view that economic and political indicators suggest a lack of success in the post-Soviet transformation process, Kızılyallı argues that they have been unsuccessful due to poor planning. Kızılyallı notes an abandonment of the previous system and an ineffective implementation of market capitalism which have led to these negative outcomes. The new method developed herein provides a partial solution through estimating the correct exchange rate based on world prices and under conditions of macroeconomic equilibrium, while also allowing planning for sequencing market reforms. Reform issues are then discussed, followed by the reform experiences of Poland, Hungary, East Germany, China and the former Soviet Union. Lastly, developments in macroeconomic theory are reviewed in light of these case studies. Kızılyallı concludes that both neoclassical and new Keynesian theories fail to provide an economically meaningful framework for analysis of current economic and employment problems, nor for their cure. |
| price system: Hearings, Reports and Prints of the Senate Committee on Energy and Natural Resources United States. Congress. Senate. Committee on Energy and Natural Resources, 1978 |
| price system: Chinese Economy in Disequilibrium Yining Li, 2013-11-25 Known internationally as ‘Mr. Shareholding’ economist, Li Yining has had a transformative impact on China's economic transition, most notably as an early advocate of ownership reform and in his promotion of shareholding theory. By examining the interrelationship between the government, enterprises and the market, Chinese Economy in Disequilibrium presents an in-depth discussion on the issues of resource allocation, industrial structure, institutional innovation and economic fluctuation in the current Chinese economy under the condition of disequilibrium. Credited with developing the theory of economic disequilibrium, Professor Li distinguishes two types of disequilibrium on the basis of whether or not the majority of firms in the economy are viable profit-makers. In Chinese Economy in Disequilibrium, Professor Li points out that not only has China’s economy been in a state of disequilibrium, but it also has issues with enterprises not being under budget constraint. Given the limitations of market regulation under economic disequilibrium, Professor Li advocates the reform of the enterprise system and upholds the government’s leading role in the establishment of order in the socialist commodity economy. A number of measures are also proposed with the aim of facilitating the transition of China’s economy from disequilibrium to equilibrium. The central theme is that the reform and transition are means to serve economic growth and social development, which would eventually benefit the ordinary citizens in society. Yining Li is a Professor of Economics and Emeritus Dean of Peking University’s Guanghua School of Management. He is one of China’s foremost economists, and the author of twenty books and numerous articles on a wide range of economic subjects including reform and development in China. He has received a number of prestigious awards and honours for his research. As the leading proponent of a market economy in China, Professor Li has had a tremendous influence on China’s economic reform policy over the last three decades. He has served on the Standing Committee of the National People’s Congress of China and is currently Vice-Chairman of the Economic Committee of the Chinese People’s Political Consultative Conference. |
| price system: Reclaiming Marx's Capital Andrew Kliman, 2007-01-01 This book reclaims Marx's Capital from the myth of inconsistency. An accessible account written for non-specialist readers, it shows that the inconsistencies are actually caused by misinterpretation; the recent temporal single-system interpretation eliminates all of the alleged inconsistencies. |
| price system: Reports and Documents United States. Congress, 1957 |
| price system: The Oxford Handbook of Post-Keynesian Economics, Volume 1 G. C. Harcourt, Peter Kriesler, 2013-08-16 This two volume Handbook contains chapters on the main areas to which Post-Keynesians have made sustained and important contributions. These include theories of accumulation, distribution, pricing, money and finance, international trade and capital flows, the environment, methodological issues, criticism of mainstream economics and Post-Keynesian policies. The Introduction outlines what is in the two volumes, in the process placing Post-Keynesian procedures and contributions in appropriate contexts. |
| price system: Hearings United States. Congress Senate, 1964 |
| price system: Trade Policy Developments in the Middle East and North Africa Bernard M. Hoekman, Han?? Khayr al-D?n, 2000-01-01 While very diverse in many respects, the Middle East and North Africa (MENA) countries nevertheless also share some common characteristics, including a number of important shared challenges for policymakers.The Middle East and North Africa region has great potential for economic growth and prosperity in the 21st century. Yet, this potential will not be realized unless governments and private sector leaders in the region forge partnerships for development. An indispensable resource for all those working within the international development community, especially within the Middle East and North Africa region, Trade Policy Developments in the Middle East and North Africa offers policy and institutional alternatives to help both parties achieve that goal.This volume describes and analyzes recent trade policy developments in the Middle East and North Africa. Contributorsalmost all economists from the regionreview recent trends in trade performance, assess current trade and investment regimes, and discuss some of the emerging microeconomic policy challenges that confront governments and firms seeking to export and trade. Topics addressed include the need and scope for using regional integration and economic free zones as a tool of development, mobilization of non-trade tax bases, efficient enforcement of product standards to ensure health and safety of citizens, and implementation of modern information technologies to facilitate customs clearance.This book is the second in a series from the Mediterranean Development Forum, a partnership of 10 Middle East and North Africa Region think tanks and the World Bank Institute. This volume will be of interest to development specialists, policymakers, and investors. |
| price system: Policy for Commercial Agriculture -- Its Relation to Economic Growth and Stability United States. Congress. Joint Economic Committee. Subcommittee on Agricultural Policy, 1957 |
| price system: Price-support Program United States. Congress. Senate. Committee on Agriculture and Forestry, 1955 |
| price system: Investigation of Concentration of Economic Power United States. Congress. House. Temporary National Economic Committee, 1941 |
| price system: Emergency Management of the National Economy Industrial College of the Armed Forces (U.S.), 1956 |
| price system: Commodity Credit Corporation United States. Congress. Senate. Committee on Appropriations, 1954 |
"Pricey" vs. "Pricy" - English Language & Usage Stack Exchange
Both words are surprisingly recent coinages. COHA does return three more hits from 1837, 1928, and 1966, but they all look like typos or OCR failures to me. Etymonline confirms: "1932, from …
meaning - Differences between "price point" and "price" - English ...
Feb 9, 2011 · the price for which something is sold on the retail market, especially in relation to a range of competitive prices. For example, "our shampoo is a bargain at this price point" and "I …
Should it be 10 US$ or US$ 10? - English Language & Usage Stack …
May 21, 2011 · Stack Exchange Network. Stack Exchange network consists of 183 Q&A communities including Stack Overflow, the largest, most trusted online community for …
word usage - Should it be "cheaper price" or "lower price"?
Feb 22, 2019 · Low price might make someone believe they are getting something cheaper. Stores often trick buyers by offering items at a ‘lower price’. This, to make the buyer think the …
Correct use of "circa" - English Language & Usage Stack Exchange
Aug 11, 2011 · I understand the use of circa / c. as it applies to approximating dates. However, I have a writer who (over)uses the word in other contexts. Examples: ... from circa early 1990s …
differences - English Language & Usage Stack Exchange
• The price is including free-flow water. • The price includes free-flow water. • This book includes a free CD. • This book is including a free CD. Edit 1: As Barrie noted, including is not a …
'get a quote' or 'get a quotation' - English Language & Usage …
Jun 10, 2015 · Your correspondent's decision not to send a quote/ quotation may reflect volatility in the price of fuel, or other complications in the travel arrangements. A British business advice …
What does "pax" mean in the context of the apartment rental?
And they need (Paid) Passenger totals because those are the real 'customers' who might use a different bus company if they don't like the service or the price. It may help to point out that …
Where did "the price of tea in china" come from?
Jan 3, 2024 · The phrase is believed to have begun in 19th century England where the actual price of tea in China was of interest. When someone in the British House of Commons said …
Why is "a 100% increase" the same amount as "a two-fold increase"?
Nov 15, 2012 · People prefer to avoid the "%" increase for anything more than a few percent, due to confusion it creates: lots of readers fail to realize the distinction between "increase by" and …
"Pricey" vs. "Pricy" - English Language & Usage Stack Exchange
Both words are surprisingly recent coinages. COHA does return three more hits from 1837, 1928, and 1966, but they all look like typos or OCR failures to me. Etymonline confirms: "1932, from …
meaning - Differences between "price point" and "price" - English ...
Feb 9, 2011 · the price for which something is sold on the retail market, especially in relation to a range of competitive prices. For example, "our shampoo is a bargain at this price point" and "I …
Should it be 10 US$ or US$ 10? - English Language & Usage …
May 21, 2011 · Stack Exchange Network. Stack Exchange network consists of 183 Q&A communities including Stack Overflow, the largest, most trusted online community for …
word usage - Should it be "cheaper price" or "lower price"?
Feb 22, 2019 · Low price might make someone believe they are getting something cheaper. Stores often trick buyers by offering items at a ‘lower price’. This, to make the buyer think the …
Correct use of "circa" - English Language & Usage Stack Exchange
Aug 11, 2011 · I understand the use of circa / c. as it applies to approximating dates. However, I have a writer who (over)uses the word in other contexts. Examples: ... from circa early 1990s …
differences - English Language & Usage Stack Exchange
• The price is including free-flow water. • The price includes free-flow water. • This book includes a free CD. • This book is including a free CD. Edit 1: As Barrie noted, including is not a …
'get a quote' or 'get a quotation' - English Language & Usage …
Jun 10, 2015 · Your correspondent's decision not to send a quote/ quotation may reflect volatility in the price of fuel, or other complications in the travel arrangements. A British business advice …
What does "pax" mean in the context of the apartment rental?
And they need (Paid) Passenger totals because those are the real 'customers' who might use a different bus company if they don't like the service or the price. It may help to point out that …
Where did "the price of tea in china" come from?
Jan 3, 2024 · The phrase is believed to have begun in 19th century England where the actual price of tea in China was of interest. When someone in the British House of Commons said …
Why is "a 100% increase" the same amount as "a two-fold …
Nov 15, 2012 · People prefer to avoid the "%" increase for anything more than a few percent, due to confusion it creates: lots of readers fail to realize the distinction between "increase by" and …
