Léon Walras' Elements of theoretical economics : or, the theory of social wealth /

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In his fourth edition of Éléménts d'économie politique pure (1900), León Walras introduced the device of written pledges to eliminate path dependency: sellers of products and services write out commitments to supply certain quantities at suggested prices with no commodities actually produc...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Walras, Léon, 1834-1910
Otros Autores: Walker, Donald A. (Donald Anthony), 1934-, Daal, J. van
Formato: Electrónico eBook
Idioma:Inglés
Francés
Publicado: New York : Cambridge University Press, 2014.
Temas:
Economics.
Economics, Mathematical.
Économie politique.
economics.
BUSINESS & ECONOMICS > Economics > General.
BUSINESS & ECONOMICS > Reference.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Adam Smith's and J.-B. Say's definitions
  • Distinction between science, the arts, and ethics
  • Social wealth. Triple consequences of scarcity. The fact of value in exchange and of economic theory
  • The fact of industry and applied economics. The fact of property and social economics
  • The market and competition. The problem of the exchange of two commodities for each other
  • Curves of effective demand and effective supply
  • Discussion of the solution of the problem of exchange of two commodities for each other
  • Utility or want curves. The theorem of maximum satisfaction
  • Discussion of demand curves. General formula for the mathematical solution of the problem of exchange of two commodities for each other
  • Rareté, or the cause of value in exchange
  • The problem of the exchange of several commodities for one another. Theorem of general equilibrium
  • General formula of the mathematical solution of the problem of the exchange of several commodities for one another. Law of the determination of the prices of the commodities
  • Law of the variation of the prices of the commodities
  • Theorem of equivalent redistributions. Choice of a standard of measurement and of a medium of exchange
  • Purchase curves and sales curves. Price curves
  • Exposition and refutation of Adam Smith's and J.-B. Say's doctrines of the origin of value in exchange
  • Capital and income. The three services
  • Elements and mechanism of production
  • The entrepreneur. Business accounting and inventory
  • Equations of production
  • Solution of the equations of production. Law of the determination of the prices of products and services
  • The principle of free competition. Law of the variation of the prices of products and services. Price curves
  • Gross and net income. The rate of net income. The excess of income over consumption
  • Equations of capital formation and credit
  • Solution of the equations of capital formation and credit. Law of the determination of the rate of net income
  • Theorem of the maximum utility of new capital goods. Law of the variation of the rate of net income
  • Laws of the determination and variation of the prices of capital goods. The permanent market
  • Increase of the quantity of products. Laws of the general variation of prices in a progressive society
  • Critique of the doctrine of the physiocrats
  • Exposition and refutation of the English theory of the prices of products
  • Exposition and refutation of the English theory of rent
  • Exposition and refutation of the English theories of wages and interest
  • The problem of the value of money
  • Mathematical theory of bimetallism
  • Relative stability of the value of the bimetallic standard
  • Fiduciary money and offsetting claims. Foreign exchange
  • Price fixing and monopoly
  • Taxation
  • Appendixes: I Geometrical theory of the determination of prices
  • II. Observations on the principle of Messrs. Auspitz's and Lieben's theory of prices
  • III. Note on Mr. Wicksteed's refutation of the English theory of rent.

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